About: On the Correlations of Nominal Money and Real Output: A Simple Cross-Country Analysis1     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : http://linked.opendata.cz/ontology/domain/vavai/Vysledek, within Data Space : linked.opendata.cz associated with source document(s)

AttributesValues
rdf:type
Description
  • The relationship between real and nominal variables is a fundamental prob-lem in macroeconomics. This study examines correlations of nominal monetary aggregates (the monetary base, M1, and M2) and real output in a broad sample of countries in the 1975 # 2000 period. On average we typically observe small but statistically significantly positive correlations. For the monetary base and M1, there is a tendency of money changes to precede output changes since the half lag in money is more strongly correlated with output than the half lead in money; M1 and M2 are more strongly associated with real output than the monetary base. In high-inflation countries, the given correlations are typically negative, which indicates a possibility that very high money growth is harmful for the growth of real output.
  • The relationship between real and nominal variables is a fundamental prob-lem in macroeconomics. This study examines correlations of nominal monetary aggregates (the monetary base, M1, and M2) and real output in a broad sample of countries in the 1975 # 2000 period. On average we typically observe small but statistically significantly positive correlations. For the monetary base and M1, there is a tendency of money changes to precede output changes since the half lag in money is more strongly correlated with output than the half lead in money; M1 and M2 are more strongly associated with real output than the monetary base. In high-inflation countries, the given correlations are typically negative, which indicates a possibility that very high money growth is harmful for the growth of real output. (en)
  • Vztah mezi reálnými a nominálními proměnnými je v makroekonomii fundamentálním problémem. Tato studie zkoumá korelace nominálních měnových agregátů (měnové báze, M1, M2) a reálného výstupu v širokém souboru zemí v období 1975 - 2000. V průměru typicky pozorujeme malé, ale statisticky kladné korelace. Pro měnovou bázi a M1 existuje tendence k předbíhání peněžních změn před změnami produktů, protože poloviční zpoždění v penězích je silnějí korelováno s produktem než poloviční předstih v penězích; M1 a M2 jsou silněji spojené s reálným produktem než měnová báze. V zemích s vysoou inflací jsou dané korelace typicky záporné což indikuje možnost, že vlemi rychlí růst peněz je škodlivý pro růst reálného produktu. (cs)
Title
  • On the Correlations of Nominal Money and Real Output: A Simple Cross-Country Analysis1
  • On the Correlations of Nominal Money and Real Output: A Simple Cross-Country Analysis1 (en)
  • O korelaci nominálních peněz a reálného výstupu: Jednoduchá mezistátní analýza (cs)
skos:prefLabel
  • On the Correlations of Nominal Money and Real Output: A Simple Cross-Country Analysis1
  • On the Correlations of Nominal Money and Real Output: A Simple Cross-Country Analysis1 (en)
  • O korelaci nominálních peněz a reálného výstupu: Jednoduchá mezistátní analýza (cs)
skos:notation
  • RIV/62690094:18450/06:00002013!RIV08-GA0-18450___
http://linked.open.../vavai/riv/strany
  • 126-138
http://linked.open...avai/riv/aktivita
http://linked.open...avai/riv/aktivity
  • P(GA402/04/0642)
http://linked.open...iv/cisloPeriodika
  • 2
http://linked.open...vai/riv/dodaniDat
http://linked.open...aciTvurceVysledku
http://linked.open.../riv/druhVysledku
http://linked.open...iv/duvernostUdaju
http://linked.open...titaPredkladatele
http://linked.open...dnocenehoVysledku
  • 490437
http://linked.open...ai/riv/idVysledku
  • RIV/62690094:18450/06:00002013
http://linked.open...riv/jazykVysledku
http://linked.open.../riv/klicovaSlova
  • correlation coefficients; half-lag and half-lead growth rates; nominal monetary aggregates; real output (en)
http://linked.open.../riv/klicoveSlovo
http://linked.open...odStatuVydavatele
  • SK - Slovenská republika
http://linked.open...ontrolniKodProRIV
  • [2FB6F16EFB91]
http://linked.open...i/riv/nazevZdroje
  • Ekonomický časopis
http://linked.open...in/vavai/riv/obor
http://linked.open...ichTvurcuVysledku
http://linked.open...cetTvurcuVysledku
http://linked.open...vavai/riv/projekt
http://linked.open...UplatneniVysledku
http://linked.open...v/svazekPeriodika
  • 54
http://linked.open...iv/tvurceVysledku
  • Duczynski, Petr
issn
  • 0013-3035
number of pages
http://localhost/t...ganizacniJednotka
  • 18450
Faceted Search & Find service v1.16.118 as of Jun 21 2024


Alternative Linked Data Documents: ODE     Content Formats:   [cxml] [csv]     RDF   [text] [turtle] [ld+json] [rdf+json] [rdf+xml]     ODATA   [atom+xml] [odata+json]     Microdata   [microdata+json] [html]    About   
This material is Open Knowledge   W3C Semantic Web Technology [RDF Data] Valid XHTML + RDFa
OpenLink Virtuoso version 07.20.3240 as of Jun 21 2024, on Linux (x86_64-pc-linux-gnu), Single-Server Edition (126 GB total memory, 58 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2024 OpenLink Software