Maral Kichian - Latest - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T11:06:34+00:00Financial Conditions and the Money-Output Relationship in Canada
https://www.bankofcanada.ca/2012/10/working-paper-2012-33/
We propose a drifting-coefficient model to empirically study the effect of money on output growth in Canada and to examine the role of prevailing financial conditions for that relationship. We show that such a time-varying approach can be a useful way of modelling the impact of money on growth, and can partly reconcile the lack of concensus in the literature on the question of whether money affects growth.2012-10-03T11:44:58+00:00enFinancial Conditions and the Money-Output Relationship in Canada2012-10-03Business fluctuations and cyclesCredit and credit aggregatesMonetary aggregatesWorking Paper 2012-33https://www.bankofcanada.ca/wp-content/uploads/2012/10/wp2012-33.pdfFinancial Conditions and the Money-Output Relationship in CanadaMaral KichianOctober 2012EE4E44E5E51