Journal Article
Why we don't know whether money causes output
Abstract: An examination of the commonly accepted positive correlation between money and real output, including a review of several models of business cycles and an explanation of how money can be neutral and yet still appear to affect real output.
Access Documents
File(s):
File format is application/pdf
https://fraser.stlouisfed.org/title/economic-review-federal-reserve-bank-cleveland-1328/1989-quarter-3-4623?page=29
Description: Full text
Bibliographic Information
Provider: Federal Reserve Bank of Cleveland
Part of Series: Economic Review
Publication Date: 1989
Volume: 25
Issue: Q III
Pages: 27-39