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- W2012738861 abstract "This paper investigates the effect of money on output in Taiwan with more robustness concerns. First, we employ different lag-length chosen criteria, such as AIC, BIC, FPE, SBC, SIC, and HJC for the lag length chosen for Granger causality. Second, we use the symmetric and asymmetric lag length models for further investigation. Third, we employ the simulated data and real data for comparison. Fourth, we further compare the results derived from short-term data with those derived from long-term period data. After surveying the relevant literature, we find that these concerns seem rarely concerned in the relevant studies. In addition, our empirical results reveal that the money indeed affects output even after taking the concerns mentioned above for robustness, implying that policymakers should adopt monetary policies with care in Taiwan." @default.
- W2012738861 created "2016-06-24" @default.
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- W2012738861 date "2014-01-01" @default.
- W2012738861 modified "2023-09-29" @default.
- W2012738861 title "Reinvestigating the Effect of Money on Output for Taiwan with Additional Robustness" @default.
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- W2012738861 doi "https://doi.org/10.4236/tel.2014.45046" @default.
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