What do these results suggest about the superiority of one model over the other? If we consider the cumulative effect of a unit change in MM and E on Y, we obtain, respectively, Y^4=o Pi = 1.06 and J]4=o = 0.03, the former being statistically significant and the latter not. This comparison would tend to support the monetarist claim that it is changes in the money supply that determine changes in the (nominal) GNP. It is left as an exercise for the reader to evaluate critically this claim.

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Rules Of The Rich And Wealthy

Rules Of The Rich And Wealthy

Learning About The Rules Of The Rich And Wealthy Can Have Amazing Benefits For Your Life And Success. Discover the hidden rules and beat the rich at their own game. The general population has a love / hate kinship with riches. They resent those who have it, but spend their total lives attempting to get it for themselves. The reason an immense majority of individuals never accumulate a substantial savings is because they don't comprehend the nature of money or how it works.

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