Lee, Cheng-Wen; Huruta, Andrian Dolfriandra - In: Economic Review: Journal of Economics and Business 19 (2021) 1, pp. 3-12
The joint hypothesis test is a replicable interpretation of the quantity theory of money (QTM) when used as an inflation theory. This study examined the effect of money supply and gross domestic product (GDP) growth on inflation volatility. We used the cross- country data of 40 countries, both...
