Avdiu, Kujtim; Unger, Stephan - In: Journal of risk and financial management : JRFM 15 (2022) 4, pp. 1-14
The quantity equation is a well-established, theoretic, long-run concept that has been criticized for a variety of reasons, i.e., that no precise statements about causality or dynamics between money growth and inflation can be inferred from its components. These shortcomings can be tackled by...
