Since 2014
Causality Relationship between Money, Income, Price and Exchange Rates in a Small Open Economy: the Case of Hong Kong
Journal of Economics Library
View Archive Info| Field | Value | |
| Title |
Causality Relationship between Money, Income, Price and Exchange Rates in a Small Open Economy: the Case of Hong Kong
|
|
| Creator |
HON, Tai-Yuen; Department of Economics and Finance Hong Kong Shue Yan University Braemar Hill, North Point Hong Kong |
|
| Description |
Abstract. This paper investigates the direction of causation among income, price, exchange rates and money supply in Hong Kong. We use the Granger(1969, 1980) causality concept to find the existence of such a relationship. The paper presents the results of two separate bivariate analyses: on involving money and income, and the other involving money and exchange rates. A notable result to come out of the paper is that there is no causality relationship between them.Keywords. Causality, Money, Income, Price, Exchange rates.JEL. C01, C10.
|
|
| Publisher |
Journal of Economics Library
|
|
| Contributor |
—
|
|
| Date |
2015-12-18
|
|
| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
|
| Format |
application/pdf
|
|
| Identifier |
http://www.kspjournals.org/index.php/JEL/article/view/530
10.1453/jel.v2i4.530 |
|
| Source |
Journal of Economics Library; Vol 2, No 4 (2015): December; 350-363
2149-2379 |
|
| Language |
eng
|
|
| Relation |
http://www.kspjournals.org/index.php/JEL/article/view/530/604
|
|
| Rights |
Copyright (c) 2015 Journal of Economics Library
http://creativecommons.org/licenses/by-nc/4.0 |
|