
doi: 10.2307/1992804
While the determinants of U.S. money growth have been intensively examined, the determinants of foreign money growth have been relatively overlooked. This study employs an IS/LM/aggregate supply model to examine what variables influence money growth in seven countries. Particular attention is devoted to the impact of U.S. variables on these countries' money growth rates. The results suggest that the determinants of money growth rates vary substantially across countries and over time. The estimation results also suggest differences between short-run and long-run responses. In addition, all countries' money growth rates are significantly influenced by U.S. variables. Copyright 1992 by Ohio State University Press.
| selected citations These citations are derived from selected sources. This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically). | 2 | |
| popularity This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network. | Average | |
| influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically). | Average | |
| impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network. | Average |
