The Effects of Monetary Growth on Non-Traded Goods Sector: An Empirical Investigation

Joonmo Cho and Ashraf Nakibullah
Additional contact information
Joonmo Cho: Soongsil University
Ashraf Nakibullah: University of Bahrain

Korean Economic Review, 1994, vol. 10, 257-276

Abstract: This paper empirically studies the effects of monetary growth on non-traded goods sectors in a two-country framework. We present empirical evidence from the Canadian experience for the period with flexible exchange rates. That is, we treat Canada as the home country and the United States (US) as the foreign country. Our general finding is that both the Canadian and US monetary growths matter for the fluctuations of the Canadian output of non-traded goods. In particular, we find that the Canadian (US) unanticipated monetary shocks raise the ouput of the Canadian non-traded goods.

Date: 1994
References: Add references at CitEc
Citations:

Downloads: (external link)
http://keapaper.kea.ne.kr/RePEc/kea/keappr/KER-199412-10-1-14.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:kea:keappr:ker-199412-10-1-14

Access Statistics for this article

Korean Economic Review is currently edited by Kyung Hwan Baik

More articles in Korean Economic Review from Korean Economic Association Contact information at EDIRC.
Bibliographic data for series maintained by KEA ().