| 000 -LEADER |
| fixed length control field |
01088pab a2200157 454500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
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180718b2000 xxu||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
| Personal name |
Bhanumurthy, N.R. |
| 245 ## - TITLE STATEMENT |
| Title |
Testing long-run monetarists propositions in some industrialized countries |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. |
| Date of publication, distribution, etc. |
2000 |
| 300 ## - PHYSICAL DESCRIPTION |
| Extent |
p.14-25 |
| 362 ## - DATES OF PUBLICATION AND/OR SEQUENTIAL DESIGNATION |
| Dates of publication and/or sequential designation |
Mar |
| 520 ## - SUMMARY, ETC. |
| Summary, etc. |
The present study attempts to test the main monetarists' propositions, which are rather `always and everywhere controversial'. The study considers three monetarists' propositions, which deals with: the relation between money growth and inflation; money growth and output growth; and output growth and inflation. It considers ten industrialized countries for this purpose. Based on thirty-one years of annual data over the period 1963 to 1993 and using simple correlation coefficients and the Vector Autoregression (VAR) models, the study found that `universality of monetarists propositions' proposed by the Chicago school, is rejected as not all the countries supported it. - Reproduced |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
| Topical term or geographic name entry element |
Monetary policy |
| 773 ## - HOST ITEM ENTRY |
| Main entry heading |
Artha Vijnana |
| 909 ## - |
| -- |
47792 |