Abstract
A three-equation system is specified with Australian monetary base growth, the domestic budget deficit and the domestic inflation rate as dependent variables Lagged values of these three variables and their US counterparts are entered as explanatory variables in each equation. Results for 1967-83 suggest a possible effect of lagged US monetary base growth on Australian monetary base growth plus a positive direct impact of US inflation on Australian inflation.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
