International Evidence on the Neutrality of Money
利用10个国家的长期数据，检验货币在长期是否中性及超中性，对宏观经济学和货币经济学研究者有参考价值。
The authors use the Backus and Kehoe (1992) long, low frequency data on real GNP/GDP and money for Australia, Canada, Denmark, Germany, Italy, Japan, Norway, Sweden, the United Kingdom, and the United States to examine the long-run neutrality and superneutrality of money propositions. In doing so, they applied the King and Watson (1992) methodology, paying particular attention to the integration and cointegration properties of the variables, since meaningful neutrality tests critically depend on such properties.