Servicios Personalizados
Revista
Articulo
Indicadores
- Citado por SciELO
- Accesos
Links relacionados
- Similares en SciELO
Compartir
Revista Latinoamericana de Desarrollo Económico
versión impresa ISSN 2074-4706versión On-line ISSN 2309-9038
Resumen
WALLACE, Frederick H.. Long Run Money Neutrality: The Case of Guatemala. rlde [online]. 2005, n.5, pp.127-138. ISSN 2074-4706.
The Fisher and Seater (1993) methodology is used to test for the long run neutrality of money in Guatemala, 1950-2001. Real GDP, real per capita GDP, and the money measures, M1 and M2, are integrated of order one [I(1)]. Given these orders of integration, the Fisher-Seater neutrality test can be applied. The evidence suggests that M1 and M2 are neutral with respect to real GDP. Furthermore, the test indicates that M1, but not M2, is neutral with respect to real per capita GDP as well.