Money and prices in the Philippines, 1981-1992: a cointegration analysis /
By: Reyes, Celia M.
Contributor(s): Yap, Josef T.
Series: Vol. 20 No. 1 First Sem 1993.Description: p. 57-78.Subject(s): Cointegration analysis | Money - Philippine; Prices - Philippines | PIDS JPD 1993Online resources: Click here to access online In: Journal of Philippine DevelopmentSummary: Based largely on the work of Funke and Hall, estimation results indicate non-causality between money and price level attributed to the interplay of factors such as unstable political and economic environment. P* vector has no significance on potential output since Q instead of Q* has been used.No physical items for this record
Based largely on the work of Funke and Hall, estimation results indicate non-causality between money and price level attributed to the interplay of factors such as unstable political and economic environment. P* vector has no significance on potential output since Q instead of Q* has been used.