BibTex RIS Kaynak Göster

Testing Quantity Theory of Money for the Turkish Economy

Yıl 2007, Cilt: 1 Sayı: 2, 93 - 109, 01.12.2007

Kaynakça

  • Ashra, S., Chattopadhyay, S. and Chaudhuri, K. (2004). Deficit, Money and Pri- ce: The Indian Experience, Journal of Policy Modeling, 26, 289-299. 2. Bullard, J. (1999). Testing Long-Run Monetary Neutrality Propositions: Lessons from the Recent Research, FRB of St. Louis Review, November/December, 57- 77.
  • Dickey, D.A. and Fuller, W.A. (1979). Distribution of the Estimators for Autoreg- ressive Time Series with a Unit Root, Journal of the American Statistical Associ- ation, 74, 427-431. 4. Doornik, J.A., Hendry, D.F. and Nielsen, B. (1998). Inference in Cointegrating Models: UK M1 Revisited, Journal of Economic Surveys, 12/5, 533-572. 5. Dotsey, M. and Hornstein, A. (2003). Should a Monetary Policymaker Look at Money?, Journal of Monetary Economics, 50, 547-579.
  • Engle, R. F. and Granger, C. W. J. (1987). Co-integration and Error correction: Representation, Estimation, and Testing,, Econometrica,, 55, 251-276. 7. Estrella, A. and Mishkin, F.S. (1997). Is There a Role for Monetary Aggregates in the Conduct of Monetary Policy?, Journal of Monetary Economics, 40, 279- 304. 8. Fisher, I. (1911). The Purchasing Power of Money, New York, MacMillan Ltd. 9. Fisher, M.E. and Seater, J.J. (1993). Long-Run Neutrality and Superneutrality in an ARIMA Framework, American Economic Review, 83, June, 402-415.
  • Friedman, M. (1956). The Quantity Theory of Money – A Restatement, Studies in the Quantity Theory of Money, (Ed.) Milton Friedman, The University of Chi- cago Press, 3-21.
  • Geweke, J. (1986). The Superneutrality of Money in the United States: An In- terpretation of the Evidence, Econometrica, 54/1, January, 1-21.
  • Gonzalo, J. (1994). Five Alternative Methods of Estimating Long-Run Equilibri- um Relationships, Journal of Econometrics, 60, 203-233.
  • Granger, C. W. J. (1986). Developments in the Study of Cointegrated Econo- mic Variables, Oxford Bulletin of Economics and Statistics, 48/3, 213-228.
  • MacKinnon, J.G. (1996). Numerical Distribution Functions for Unit Root and Co- integration Tests, Journal of Applied Econometrics, 11, 601-618.
  • Mahadeva, L. and Robinson, P. (2004), Unit Root Testing to Help Model Buil- ding, Handbooks in Central Banking, (Eds.) Andrew Blake and Gill Hammond, Centre for Central Banking Studies, Bank of England, No. 22, July.
  • Nelson, C. and Plosser, C. (1982). Trend and Random Walks in Macroeconomic Time Series: Some Evidence and Implications, Journal of Monetary Economics, 10, 130-162.
  • Osterwald-Lenum, M. (1992). A Note with Quantiles of the Asymptotic Distri- bution of the Maximum Likelihood Cointegration Rank Test Statistics, Oxford Bulletin of Economics and Statistics, 54, 461-472.
  • Ozmen, E. (2003). Testing the Quantity Theory of Money in Greece, Applied Economics Letters, 10, 971-974.
  • Serletis, A. and Krause, D. (1996). Empirical Evidence on the Long-Run Neutra- lity Hypothesis Using Low-Frequency International Data, Economics Letters, 50, 323-327.
  • Serletis, A. and Koustas, Z. (1998). International Evidence on the Neutrality of Money, Journal of Money, Credit and Banking, 30/1, Feb., 1-25.

Testing Quantity Theory of Money for the Turkish Economy

Yıl 2007, Cilt: 1 Sayı: 2, 93 - 109, 01.12.2007

Kaynakça

  • Ashra, S., Chattopadhyay, S. and Chaudhuri, K. (2004). Deficit, Money and Pri- ce: The Indian Experience, Journal of Policy Modeling, 26, 289-299. 2. Bullard, J. (1999). Testing Long-Run Monetary Neutrality Propositions: Lessons from the Recent Research, FRB of St. Louis Review, November/December, 57- 77.
  • Dickey, D.A. and Fuller, W.A. (1979). Distribution of the Estimators for Autoreg- ressive Time Series with a Unit Root, Journal of the American Statistical Associ- ation, 74, 427-431. 4. Doornik, J.A., Hendry, D.F. and Nielsen, B. (1998). Inference in Cointegrating Models: UK M1 Revisited, Journal of Economic Surveys, 12/5, 533-572. 5. Dotsey, M. and Hornstein, A. (2003). Should a Monetary Policymaker Look at Money?, Journal of Monetary Economics, 50, 547-579.
  • Engle, R. F. and Granger, C. W. J. (1987). Co-integration and Error correction: Representation, Estimation, and Testing,, Econometrica,, 55, 251-276. 7. Estrella, A. and Mishkin, F.S. (1997). Is There a Role for Monetary Aggregates in the Conduct of Monetary Policy?, Journal of Monetary Economics, 40, 279- 304. 8. Fisher, I. (1911). The Purchasing Power of Money, New York, MacMillan Ltd. 9. Fisher, M.E. and Seater, J.J. (1993). Long-Run Neutrality and Superneutrality in an ARIMA Framework, American Economic Review, 83, June, 402-415.
  • Friedman, M. (1956). The Quantity Theory of Money – A Restatement, Studies in the Quantity Theory of Money, (Ed.) Milton Friedman, The University of Chi- cago Press, 3-21.
  • Geweke, J. (1986). The Superneutrality of Money in the United States: An In- terpretation of the Evidence, Econometrica, 54/1, January, 1-21.
  • Gonzalo, J. (1994). Five Alternative Methods of Estimating Long-Run Equilibri- um Relationships, Journal of Econometrics, 60, 203-233.
  • Granger, C. W. J. (1986). Developments in the Study of Cointegrated Econo- mic Variables, Oxford Bulletin of Economics and Statistics, 48/3, 213-228.
  • MacKinnon, J.G. (1996). Numerical Distribution Functions for Unit Root and Co- integration Tests, Journal of Applied Econometrics, 11, 601-618.
  • Mahadeva, L. and Robinson, P. (2004), Unit Root Testing to Help Model Buil- ding, Handbooks in Central Banking, (Eds.) Andrew Blake and Gill Hammond, Centre for Central Banking Studies, Bank of England, No. 22, July.
  • Nelson, C. and Plosser, C. (1982). Trend and Random Walks in Macroeconomic Time Series: Some Evidence and Implications, Journal of Monetary Economics, 10, 130-162.
  • Osterwald-Lenum, M. (1992). A Note with Quantiles of the Asymptotic Distri- bution of the Maximum Likelihood Cointegration Rank Test Statistics, Oxford Bulletin of Economics and Statistics, 54, 461-472.
  • Ozmen, E. (2003). Testing the Quantity Theory of Money in Greece, Applied Economics Letters, 10, 971-974.
  • Serletis, A. and Krause, D. (1996). Empirical Evidence on the Long-Run Neutra- lity Hypothesis Using Low-Frequency International Data, Economics Letters, 50, 323-327.
  • Serletis, A. and Koustas, Z. (1998). International Evidence on the Neutrality of Money, Journal of Money, Credit and Banking, 30/1, Feb., 1-25.
Toplam 14 adet kaynakça vardır.

Ayrıntılar

Birincil Dil Türkçe
Bölüm Research Article
Yazarlar

Özgür Aslan Bu kişi benim

Levent Korap Bu kişi benim

Yayımlanma Tarihi 1 Aralık 2007
Yayımlandığı Sayı Yıl 2007 Cilt: 1 Sayı: 2

Kaynak Göster

APA Aslan, Ö., & Korap, L. (2007). Testing Quantity Theory of Money for the Turkish Economy. BDDK Bankacılık Ve Finansal Piyasalar Dergisi, 1(2), 93-109.