期刊名称：Erciyes Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi
印刷版ISSN：1301-3688
电子版ISSN：2630-6409
出版年度：1996
期号：12
页码：103-109
语种：English
出版社：Erciyes University
摘要：The causal relationship between money and output in the context of time series has been associated wiıh Monetarisı-Keynesian dcbate over ıhe effectiveness of monetary policy.In general,Monetarist theories that originate from the quantity üeory of money interpret üe observed sntistical money-output correlation as a causation from money to real economic activity.According to their interpretation,changes in money causc changes in real economic activity besides changes in price level,and monetary policy is rclevant for output behaviour.Therefore,in ıheir moneüary policy analyses,Monetarist theoric§ tİeat money as a reflector of economic activity (Friedman and Schwartz,1963).
