Some Empirical Evidence on Endogenous Money

A selection of some good specialist empirical literature:

Pollin, R. 1991. “Two Theories of Money Supply Endogeneity: Some Empirical Evidence,” Journal of Post Keynesian Economics 13.3: 366–395.

Howells, P. G. A. and K. Hussein. 1998. “The Endogeneity of Money: Evidence from the G7,” Scottish Journal of Political Economy 45.3: 329–340.

Palacio-Vera, A. 2001. “The Endogenous Money Hypothesis: Some Evidence from Spain (1987–1998),” Journal of Post Keynesian Economics 23.3: 509–527.

Arestis, P. and M. Sawyer. 2003. “Does the Stock of Money have any Causal Significance?,” Banca Nazionale del Lavoro Quarterly Review 56.225: 113–136.

Shanmugam, B., M. Nair and O. W. Li. 2003. “The Endogenous Money Hypothesis: Empirical Evidence from Malaysia (1985–2000),” Journal of Post Keynesian Economics 25.4: 599–612.

Howells, P. 2006. “The Endogeneity of Money: Empirical Evidence,” in P. Arestis and M. Sawyer (eds.). A Handbook of Alternative Monetary Economics. Edward Elgar, Cheltenham, UK and Northampton, Mass. 52–68.