{"title":"通货膨胀:货币过多还是信贷过多?","authors":"K. Matthews, C. Ioannidis","doi":"10.1111/1467-9957.00072","DOIUrl":null,"url":null,"abstract":"This paper presents a vector autoregression type model of inflation, output growth, money and credit. We find that monetary shocks affect the mean of inflation but that credit shocks influence the time variance of inflation.","PeriodicalId":83172,"journal":{"name":"The Manchester school of economic and social studies","volume":"68 1","pages":"411-426"},"PeriodicalIF":0.0000,"publicationDate":"1997-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":"{\"title\":\"Inflation: Too Much Money or Too Much Credit?\",\"authors\":\"K. Matthews, C. Ioannidis\",\"doi\":\"10.1111/1467-9957.00072\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"This paper presents a vector autoregression type model of inflation, output growth, money and credit. We find that monetary shocks affect the mean of inflation but that credit shocks influence the time variance of inflation.\",\"PeriodicalId\":83172,\"journal\":{\"name\":\"The Manchester school of economic and social studies\",\"volume\":\"68 1\",\"pages\":\"411-426\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"1997-09-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"1\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"The Manchester school of economic and social studies\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1111/1467-9957.00072\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"The Manchester school of economic and social studies","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1111/1467-9957.00072","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
This paper presents a vector autoregression type model of inflation, output growth, money and credit. We find that monetary shocks affect the mean of inflation but that credit shocks influence the time variance of inflation.