Is quantity theory still alive?
"This paper investigates whether the quantity theory of money is still alive. We argue that it is, but that the slippage is not negligible. For countries with low inflation, the relationship between average inflation and the growth rate of money is tenuous at best. A correction for variation...
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Format: | UnknownFormat |
Sprache: | eng |
Veröffentlicht: |
London
Centre for Economic Policy Research
2010
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Schriftenreihe: | Discussion paper series / Centre for Economic Policy Research International macroeconomics
8049 |
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