Skip to Main Content
Article navigation
Volume 18, Issue 1
1 February 1997
Studies in Economics and Finance Cover Image for Volume 18, Issue 1
Review Article| February 01 1997

INFLATION, PRODUCTIVITY, AND MONETARY POLICY: ARE THEY RELATED?

Peter J. Saunders
Peter J. Saunders
Professor and Chair, Department of Economics, Central Washington University, Ellensburg, WA 98926‐7486
Search for other works by this author on:
This Site
PubMed
Google Scholar
Author & Article Information
Publisher: Emerald Publishing
Online ISSN: 1755-6791
Print ISSN: 1086-7376
© MCB UP Limited
1997
Studies in Economics and Finance (1997) 18 (1): 3–25.
https://doi.org/10.1108/eb028734

This paper investigates the short‐run and the long‐run relationship among productivity growth, inflation and monetary policy in the U.S. economy. Under the trivariate ECM analysis, the test results indicate that it is monetary policy which plays the predominant role in the relationship under investigation.

This content is only available via PDF.
© MCB UP Limited
1997
You do not currently have access to this content.
Don't already have an account? Register

Purchased this content as a guest? Enter your email address to restore access.

Please enter valid email address.
Email address must be 94 characters or fewer.
Pay-Per-View Access
$39.00
Rental
This article is also available for rental through DeepDyve. Read this now at DeepDyve
258 Views
2 Crossref
View Metrics
Digital asset price bubbles and market sentiment in cryptocurrency and NFT markets
Are family firms more resilient than non-family firms?
Aggregate risk in a competitive economy with a financial market
The heterogeneous shielding effect of markups: cross-country evidence on pricing power and downside risk exposure

Suggested Reading

Slicing heterogeneous solid using octree-based subdivision and trivariate T-splines for additive manufacturing
Rapid Prototyping Journal (September,2019)
Government spending and economic growth: a trivariate causality testing
African Journal of Economic and Management Studies (January,2021)
A GRANGER CAUSALITY APPROACH TO INVESTIGATING THE IMPACT OF FISCAL POLICY ON THE U.S. ECONOMY: 1970.I — 1990.III
Studies in Economics and Finance (January,1995)
Stock prices, exchange rates and portfolio equity flows: A Toda-Yamamoto Panel Causality Test
Journal of Economic Studies (March,2019)
Behavioral explanation of contagion between oil and stock markets
International Journal of Energy Sector Management (April,2014)

Related Chapters

Heterogeneity and Dynamic Dependence in Panel Analysis of Individual Behavior
Essays in Honor of M. Hashem Pesaran: Panel Modeling, Micro Applications, and Econometric Methodology
Estimating the effect of exchange rate flexibility on financial account openness
Maximum Simulated Likelihood Methods and Applications
Zero–Non-Zero Patterned Vector Error Correction Modelling For I
Research in Finance

Recommended for you

These recommendations are informed by your reading behaviors and indicated interests.

Cited By

Google Scholar
CrossRef (2)
This Feature Is Available To Subscribers Only

or Create an Account

Close Modal
Close Modal