Granger-Causality and Policy Effectiveness

Dados Bibliográficos

ID9724969
AutoresWillem H Buiter (0000-0002-5974-6291, autor correspondente)
Ano1984
Volume51
Fascículo202
Páginas151
Data de publicação1984-05-01
Peer ReviewedSim
Open AccessNão
TipoARTICLE
PeriódicoEconomica (JOURNAL)
Identificadores do periódicoISSN: 0013-0427 • E-ISSN: 1468-0335
EditoraJSTOR (PUBLISHER)
DOI10.2307/2554207
OpenAlexW2044039195
IdiomaEN
Citações recebidas4
Referências 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