European Evidence on the Long-Run Superneutrality of Money
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F15%3A00084579" target="_blank" >RIV/00216224:14560/15:00084579 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
European Evidence on the Long-Run Superneutrality of Money
Original language description
This article investigates the validity of the money superneutrality concept for the sample of 30 European economies. Using a structural vector autoregrese framework, we examine the long-run response of real output to a permanent inflation shock for eachcountry. We find that for the majority of countries in our sample the long-run superneutrality concept is confirmed as the original increase/decrease in output growth fades in time. We also fail to proof the additional hypothesis that the exception to superneutrality validity is a group of countries with smaller in-sample inflation mean.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
AE - Management, administration and clerical work
OECD FORD branch
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Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2015
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
European Financial Systems 2015. Proceedings of the 12th International Scientific Conference
ISBN
9788021079625
ISSN
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e-ISSN
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Number of pages
8
Pages from-to
79-86
Publisher name
Masaryk University
Place of publication
Brno
Event location
Brno
Event date
Jan 1, 2015
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
000370679200011