出版社：University of Bucharest and Nicolae Titulescu University
摘要：The monetary neutrality considers the way the monetary decisions affect the real variablesand implicitly the real economy both on short term and long run. Although early study of thisproblem is rooted in the '70s, the issue is studied also nowadays, as many works aim to testwhether the long-term monetary neutrality occurs indeed at any time, in any circumstances andregardless of the area. This paper aims to analyse the answer to the following question: How domonetary changes affect the main macroeconomic variables, such as output, real wages and realinterest rates?.
关键词：money; real interest rate; monetary policy; real wages; real variables
