TESTS OF MONETARY NEUTRALITY ON FARM OUTPUT

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dc.creatorDevadoss, Stephen
dc.date2017-04-01T19:27:03Z
dc.date.accessioned2026-07-09T04:17:48Z
dc.descriptionAccording to the monetary neutrality hypothesis, only the unanticipated money supply growth has impacts on real economic variables, and the anticipated money supply growth has no real impacts. The monetary neutrality hypothesis is tested on real farm output. The test procedure involves joint estimation of farm output and the money growth equation. The empirical results show that the anticipated money supply growth does have significant effects on farm output and, thus, do not support the monetary neutrality hypothesis.
dc.identifierdoi:10.22004/ag.econ.32626
dc.identifierhttps://ageconsearch.umn.edu/record/32626/files/16010163.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/32626
dc.identifier.urihttp://hdl.handle.net/123456789/547793
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/32626
dc.titleTESTS OF MONETARY NEUTRALITY ON FARM OUTPUT
dc.typeText

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University of Minnesota