Volume 20, Number 1

Money and Prices in the Philippines, 1981-1992: A Cointegration Analysis

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JPD 1993 Vol. XX No. 1-c
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Abstract

Based largely on the work of Funke and Hall, estimation results indicate non-causality between money and price level attributed to the interplay of factors such as unstable political and economic environment. P* vector has no significance on potential output since Q instead of Q* has been used.

Citations

  1. Hossain, Akhand Akhtar. 2015. The evolution of central banking and monetary policy in the Asia-Pacific. Books, 14611. Edward Elgar Publishing, number.
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1993-06-01
Volume 20, Number 1
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June 1, 1993
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The Philippine Journal of Development (PJD) is a multidisciplinary, peer-reviewed journal published biannually by the Philippine Institute for Development Studies (PIDS). It serves as a platform for disseminating policy-oriented research on development issues, including the economy, business, public administration, foreign relations, sociology, and political dynamics. 

P-ISSN 2508-0954 • E-ISSN 2508-0849 • https://doi.org/10.62986/pjd