Template-type: ReDIF-Paper 1.0
Author-Name: Rafael Flores de Frutos
Author-Workplace-Name: Departamento de Fundamentos del Análisis Económico II (Economía Cuantitativa). Universidad Complutense de Madrid.
Author-Workplace-Homepage: https://www.ucm.es/fundamentos-analisis-economico2/
Title: Monetary growth effects on the US economy 
Abstract: This paper has been motivated by recent work of Treadway et al.(1986) about monetary growth effects on the spanish economy. 
	Treadway et al. proposed a theoretical framework to deal with monetary phenomena. We employ this theoretical framework to elaborate, 
	with yearly data (1953-1983), a simple model for the U.S. economy, and study the monetary growth effects on this economy. We study 
	Monetary Neutrality, Monetary Superneutrality, and Lack of Monetary Effects. 
	The organization of this paper is as follows: Section I states the above hypothesis. Section II describes the theoretical framework. 
	Section III is dedicated to the estimation process results. Finally Section IV summarizes the main conclusions.

Keywords: Monetary Neutrality, Monetary Superneutrality, Lack of Monetary Effects.

Length: 14 pages 
Creation-Date: 1988 
Number: 88-23  
X-File-Ref: http://america.sim.ucm.es/repec/ucm/ref/doctra88-23.txt	 
File-URL: https://eprints.ucm.es/id/eprint/24189/1/8823.pdf
File-Format: Application/pdf
Handle: RePEc:ucm:doctra:88-23