Granger-Causality and Policy Effectiveness

Datos Bibliográficos

ID9724969
AutoresWillem H Buiter (0000-0002-5974-6291, autor de correspondencia)
Año1984
Volumen51
Número202
Páginas151
Fecha de publicación1984-05-01
Peer ReviewedSí
Open AccessNo
TipoARTICLE
RevistaEconomica (JOURNAL)
Identificadores de la revistaISSN: 0013-0427 • E-ISSN: 1468-0335
EditorialJSTOR (PUBLISHER)
DOI10.2307/2554207
OpenAlexW2044039195
IdiomaEN
Citas recibidas4
Referencias citadas6

It is generally recognized that, if a set of monetary and fiscal policy variables Granger-cause1 economic variables, this does not imply that alternative deterministic rules for determining the values of these policy instruments will alter the joint density function of the variables.2 It has, however, also been asserted that (letting X denote a (suitably restricted) vector of real economic aggregates, g a list of monetary and fiscal policy variables and E the mathematical expectation operator)

Causality (physics) · Econometrics · Economics · Fiscal policy · Function (biology) · Granger causality · Macroeconomics · Mathematical economics · Monetary policy · Operator (biology) · Physics · Set (abstract data type) · Variable (mathematics) · Computer Science · Economic theories and models · Mathematics · Monetary Policy and Economic Impact · Statistical and numerical algorithms