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THE LONG-RUN INEFFICIENCY OF BLOCK-RATE PRICING

✍ Scribed by ZIV BAR-SHIRA; ISRAEL FINKELSHTAIN

Book ID
118096065
Publisher
John Wiley and Sons
Year
2008
Tongue
English
Weight
156 KB
Volume
13
Category
Article
ISSN
0890-8575

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πŸ“œ SIMILAR VOLUMES

Exchange rates, prices and money: A long
Exchange rates, prices and money: A long-run perspective
✍ Paul De Grauwe; Marianna Grimaldi πŸ“‚ Article πŸ“… 2001 πŸ› John Wiley and Sons 🌐 English βš– 324 KB

## Abstract In this paper we analyse the long‐run proportionality and neutrality propositions between inflation and money growth and between exchange rate changes and money growth. Using a sample of 100 countries over a thirty‐year period we find that the evidence in favour of these propositions is