A time series analysis updating the Mishkin study (circa 1980) of does money rea

A time series analysis updating the Mishkin study (circa 1980) of does
money really matter.It evaluates the
question of does anticipated or unanticipated monetary policy changes influence
real GDP or the unemployment rate.It
was one of the basic studies in determining the authenticity of Keynesian
versus Classical economics.You will
need to go on the internet download the appropriate data perform the
necessary regressions and analyze the results comparing the results to the
original study.From the BEA and FRB web
sites gather quarterly real GDP and some money measure (M1 M2 MB MZM). The
money measure will have to be deflated.
In addition you will need additional economic data thast could be used
to predict money growth.Reproduce the
Mishkin analysis using data since 1982 (including lags) to the present.A paper of the problem analysis and results
is to be handed in on the day of the final.
It would be useful to have Microsoft Word with Microsoft Equation.(original article attached)
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