Title of article
Causality between inflation and real growth
Author/Authors
Y. Hwang، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2007
Pages
8
From page
146
To page
153
Abstract
The paper investigates inflation-growth causality over 1947–2005 with VARMA-ML-Asymmetric-VGARCH. The results imply that one uncertainty affects positively its level and much less negatively the other level whereas one level influences positively both uncertainties. Friedmanʹs hypothesis was not strongly rejected.
Keywords
Friedmanיs hypothesis , Asymmetry , Inflation , VARMA-VGARCH , growth
Journal title
Economics Letters
Serial Year
2007
Journal title
Economics Letters
Record number
436129
Link To Document