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Granger causality between money, output, prices and interest rates: Some cross-country evidence from the period 1875–1984

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  • Pentti Pikkarainen
  • Matti Virén

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  • Pentti Pikkarainen & Matti Virén, 1989. "Granger causality between money, output, prices and interest rates: Some cross-country evidence from the period 1875–1984," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 125(1), pages 74-82, March.
    • Handle: RePEc:spr:weltar:v:125:y:1989:i:1:p:74-82
    DOI: 10.1007/BF02707520
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    References listed on IDEAS

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    1. Stock, James H. & Watson, Mark W., 1989. "Interpreting the evidence on money-income causality," Journal of Econometrics, Elsevier, vol. 40(1), pages 161-181, January.
    2. Jacobs, Rodney L & Leamer, Edward E & Ward, Michael P, 1979. "Difficulties with Testing for Causation," Economic Inquiry, Western Economic Association International, vol. 17(3), pages 401-413, July.
    3. Klotz, Benjamin P & Neal, Larry, 1973. "Spectral and Cross-Spectral Analysis of the Long-Swing Hypothesis," The Review of Economics and Statistics, MIT Press, vol. 55(3), pages 291-298, August.
    4. Martin Eichenbaum & Kenneth I. Singleton, 1986. "Do Equilibrium Real Business Cycle Theories Explain Postwar US Business Cycles?," NBER Chapters, in: NBER Macroeconomics Annual 1986, Volume 1, pages 91-146, National Bureau of Economic Research, Inc.
    5. Robert B. Litterman, 1984. "Specifying vector autoregressions for macroeconomic forecasting," Staff Report 92, Federal Reserve Bank of Minneapolis.
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    1. repec:zbw:bofrdp:1989_011 is not listed on IDEAS
    2. Bernd Hayo, 1999. "Money-output Granger causality revisited: an empirical analysis of EU countries," Applied Economics, Taylor & Francis Journals, vol. 31(11), pages 1489-1501.
    3. Pikkarainen, Pentti & Virén, Matti, 1989. "Granger causality between money, output, prices and interest rates : Some cross-country evidence from the period 1875 - 1984," Research Discussion Papers 11/1989, Bank of Finland.

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