Binner, Jane M.; Tino, Peter; Tepper, Jonathan; … - 2009 - rev.
macroeconomists that there exists a long-run relationship
between the growth rate of the money supply and the growth rate of prices …-run relationship between the money supply and
increases in prices, then it is a reasonable proposition that the near-term growth of … the money
supply might have predictive power for inflation. This study explores that relationship. In this
paper, we …