Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Articles Article Faculty Publications -Articles Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource On the Temporal Causal Relationship Between Macroeconomic Variables: Empirical Evidence From India Subject The topic of the resource causality; cointegration; impulse response functions; macroeconomic variables; variance decomposition analysis Description An account of the resource The present study examines the dynamic interactions among macroeconomic variables such as real output, prices, money supply, interest rate (IR), and exchange rate (EXR) in India during the pre-economic crisis and economic crisis periods, using the autoregressive distributed lag (ARDL) bounds test for cointegration, Johansen and Juselius multivariate cointegration test, Granger causality/Block exogeneity Wald test based on Vector Error Correction Model, variance decomposition analysis and impulse response functions. The empirical results reveal a stronger long-run bilateral relationship between real output, price level, IR, and EXR during the pre-crisis sample period. Moreover, the empirical results confirm a unidirectional short-run causality running from price level to EXR, IR to price level, and real output to money supply during the pre-crisis period. Also, it is evident from the test results that there exist short-run bidirectional relationships running between real output and EXR, price level and IR, and IR and EXR in the pre-crisis era, respectively. Most importantly, long-run bidirectional causality is found between real output, EXR, and IR during the economic crisis period. And the study results indicate short-run bidirectional causality between money supply and EXR, IR and price level, and IR and output in India during the crisis era. Also, a short-run unidirectional causality runs from prices to real output in the crisis period. The Author(s) 2014. Creator An entity primarily responsible for making the resource Palamalai S.; Mariappan K.; Devakumar C. Source A related resource from which the described resource is derived SAGE Open, Vol-4, No. 1 Publisher An entity responsible for making the resource available SAGE Publications Inc. Date A point or period of time associated with an event in the lifecycle of the resource 2014-01-01 Identifier An unambiguous reference to the resource within a given context <a href="https://doi.org/10.1177/2158244014525419" target="_blank" rel="noreferrer noopener">https://doi.org/10.1177/2158244014525419</a> <br /><br /><a href="https://www.scopus.com/inward/record.uri?eid=2-s2.0-84990817604&amp;doi=10.1177%2F2158244014525419&amp;partnerID=40&amp;md5=fc4b5e43c783136848f9f698a0ba5de1" target="_blank" rel="noreferrer noopener">https://www.scopus.com/inward/record.uri?eid=2-s2.0-84990817604&amp;doi=10.1177%2f2158244014525419&amp;partnerID=40&amp;md5=fc4b5e43c783136848f9f698a0ba5de1</a> Rights Information about rights held in and over the resource All Open Access; Gold Open Access Relation A related resource ISSN: 21582440 Format The file format, physical medium, or dimensions of the resource Online Language A language of the resource English Type The nature or genre of the resource Article Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant Palamalai S., Christ University, Karnataka, Bangalore, India; Mariappan K., M.G.R. College (Arts &amp; Science), Tamil Nadu, Hosur, India; Devakumar C., Christ University, Karnataka, Bangalore, India