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  • 标题:THE CAUSE AND EFFECT RELATİONSHİP BETWEEN MONEY AND OUTPUT IN TURKEY
  • 本地全文:下载
  • 作者:Rahmi YAMAK ; Rahmi YAMAK
  • 期刊名称:Erciyes Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi
  • 印刷版ISSN:1301-3688
  • 电子版ISSN:2630-6409
  • 出版年度:1996
  • 期号:12
  • 页码:103-109
  • 语种:English
  • 出版社:Erciyes University
  • 摘要:The causal relationship between money and output in the context of time series has been associated wiıh Monetarisı-Keynesian dcbate over ıhe effectiveness of monetary policy.In general,Monetarist theories that originate from the quantity üeory of money interpret üe observed sntistical money-output correlation as a causation from money to real economic activity.According to their interpretation,changes in money causc changes in real economic activity besides changes in price level,and monetary policy is rclevant for output behaviour.Therefore,in ıheir moneüary policy analyses,Monetarist theoric§ tİeat money as a reflector of economic activity (Friedman and Schwartz,1963).
  • 关键词:MONEY; OUTPUT; ECONOMİCS
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