Granger-Causality and Policy Ineffectiveness: A Rejoinder
收藏NBER1986-10-01 更新2025-01-04 收录
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https://www.nber.org/papers/t0061
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In an earlier paper,"Granger-causality and Policy Effectiveness," Economica [1984], I showed that for a policy instrument x to Granger-cause some target variable y is not necessary for x to be useful in controlling y. (The argument that it is not sufficient was already familiar, e.g. from the work
提供机构：
美国国家经济研究局
创建时间：
1986-10-01
