期刊論文

標題 DYNAMIC RELATIONSHIP BETWEEN INFLATION AND FINANCIAL DEVELOPMENT
學年 98
學期 2
出版(發表)日期 2010/06/01
作品名稱 DYNAMIC RELATIONSHIP BETWEEN INFLATION AND FINANCIAL DEVELOPMENT
作品名稱(其他語言)
著者 Kim, Dong-hyeon; Lin, Shu-chin
單位 淡江大學經濟學系
出版者 Cambridge: Cambridge University Press
著錄名稱、卷期、頁數 Macroeconomic Dynamics 14(3), pp.343-364
摘要 This paper studies the long- and short-run relationships between inflation and financial development. Applying the Pooled Mean Group estimator of Pesaran, Shin, and Smith (1999, Journal of the American Statistical Association 94, 621–634) to unbalanced panel data for 87 countries over the period 1960–2005, we find that a negative long-run relationship between inflation and financial development coexists with a positive short-run relationship. However, when the data are split into different income or inflation groups, these results can be observed only in low-income or low-inflation economies.
關鍵字 Inflation; Financial Development; Pooled Mean Group Estimator
語言 英文
ISSN 1365-1005;1469-8056
期刊性質 國外
收錄於 SSCI
產學合作
通訊作者 Lin, Shu-chin
審稿制度
國別 英國
公開徵稿
出版型式 紙本