Author(s)

Meng Wang ¹

Affiliation(s)

¹ School of Management, Liaoning Institute of Science and Technology, Benxi, 117004, China

Corresponding Author

Meng Wang

ABSTRACT

Monetary Neutrality has been a hot topic of economics, which has an important effect on the establishment and implementation of the monetary policy of one country. Based on the related data from 1981 to 2004, this paper makes an empirical analysis of monetary neutrality in China with the method of Unit-Root Test, Co-integration Test and Granger's Cause-and-effect Test, which indicates that the money is neutral and the money supply is endogenetic.

KEYWORDS

Monetary Neutrality, Unit-Root Test, Co-integration Test, Granger's Cause-and-effect Test

CITE THIS PAPER

Meng Wang, The Empirical Research on Monetary Neutrality in China. Financial Engineering and Risk Management (2022) Vol. 5: 101-106. DOI: http://dx.doi.org/10.23977/ferm.2022.050414.

REFERENCES

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