Testing the quantity theory of money in Greece: reply to Ozmen
Ozmen (Applied Economics Letters, 10, 971-4, 2003) re-examines money exogeneity in Greece using data from Karfakis (Applied Economics, 34, 583-7, 2002) and claims, contrary to Karfakis, that money exogeneity is rejected. This reply demonstrates that money exogeneity is sensitive to lag length specification.
Volume (Year): 11 (2004)
Issue (Month): 9 ()
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