Search Results - subject_exact:"Equation of exchange"

From the Quantity Theory of Money towards the Functional Differentiation of Credit: The Role of Non-GDP Transactions in Germany, Italy, and Switzerland

Senner, Richard - 2026

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015776427

Money growth and inflation in the Euro Area, UK, and USA : measurement issues and recent results

Ireland, Peter N. - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015610136

Monetary facts or monetarist facts? : a re-examination

Khan, Muhammad Azam; Rashid, Salim - 2025

The Quantity Theory of Money claims to provide one of the few long-run guides to economic policy by providing specific numbers to characterise the correlation between money growth and inflation. Acceptance of the Quantity Theory has been greatly helped by the claim, propounded most effectively...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015376957

Currency and credit money : a comparative history of early monetary theories (1358-1918)

Greitens, Jan - 2026

Chapter 1. Introduction -- Chapter 2. Methodological Considerations -- Chapter 3. Fundamentals in Monetary History -- Chapter 4. Key Concepts in Monetary Theory -- Chapter 5. Scholastic Authors -- Chapter 6. Mercantilist Authors -- Chapter 7. Development of the Quantity Theory of Money: Parallel...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10016069168

Is inflation in Eswatini always and everywhere a monetary phenomenon?

Dlamini, Ntobeko; Kunene, Sive - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015574624

The quantity theory of money : a new restatement

Congdon, Tim - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014576912

Show one more version 1

The Quantity Theory of Money : a New Restatement

Congdon, Tim - 2024 - 1st ed.

Edition: 1st ed.

Book / Working Paper

The quantity theory of money : an empirical analysis for 1870-2020

Jung, Alexander - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015443986

The lens of the quantity theory of money to disentangle the perceived relationship between money growth and inflation: a PSVAR approach

Focacci, Antonio; Focacci, Angelo; Faenza, Alessandro - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015070204

Two illustrations of the quantity theory of money reloaded

Gao, Han; Kulish, Mariano; Nicolini, Juan Pablo - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015573825

Show 2 more versions 2

Two illustrations of the quantity theory of money reloaded

Gao, Han; Kulish, Mariano; Nicolini, Juan Pablo - 2020

Book / Working Paper

Two illustrations of the quantity theory of money reloaded

Gao, Han; Kulish, Mariano; Nicolini, Juan Pablo - 2021

Book / Working Paper

Japan's low inflation from a quantity theory perspective

Schnabl, Gunther; Murai, Taiki - 2024

The paper examines the relationship between money and prices in Japan based on Fisher’s (1911) transactions version of the quantity theory of money. Money is defined as aggregate debt less net foreign assets. A general price index is constructed from consumer prices, real estate prices, stock...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015125281

Money demand function in ECOWAS : insights from second- generation panel data analysis

Odeleye, Anthonia Taye; Ukudo, Bartholomew A.; … - 2024

The stability of the demand for money is a crucial element of the monetary policy of any economy. This work provides insight into the factors influencing money demand in the Economic Community of West African states. It presents an empirical analysis of money demand estimations in the region...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015464489

Money and inflation at the time of COVID

Congdon, Tim - 2025 - First edition

"How is the inflation flare-up of the early 2020s to be explained? In this book Tim Congdon, one of the world's leading monetary analysts, argues that a money growth explosion in spring and summer 2020 was the main cause. The book is scholarly, but also lively and readable. Congdon restates the...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015508592

The simple macroeconometrics of the quantity theory and the welfare cost of inflation

Stewart, Kenneth G. - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015050225

Show one more version 1

The simple macroeconometrics of the quantity theory and the welfare cost of inflation

Stewart, Kenneth G. - 2023

Book / Working Paper

Losing grip? : the quantity theory of money under currency competition

Arifovic, Jasmina; Salle, Isabelle; Schilling, Linda - 2025

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015467007

The quantity theory of money, quantitative easing and the missing inflation phenomenon

Moosa, Imad A.; Al-Saad, Khalid; Khatatbeh, Ibrahim N. - 2024

Several explanations have been put forward for the observation that massive inflation has not appeared as a result of the explosive monetary growth generated by quantitative easing that was in 2008. Several plausible explanations have been put forward for this observation, but none of them can...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014581554

The quantity theory of money, 1870-2020

Jung, Alexander - 2024

This study re-assesses the validity of the quantity theory of money (QTM) for the very long sample, 1870 to 2020, for 18 industrial countries using the dataset from Jordà et al. (2017). It considers structural changes in the economic and financial sectors and changes in monetary policy...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014558771

Monetary policy and inflation : quantity theory of money

Machaj, Mateusz - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014493530

Reconstruction of the Spanish money supply, 1492-1810

Chen, Yao; Palma, Nuno; Ward, Felix - 2021

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013365980

Show 2 more versions 2

Reconstruction of the Spanish money supply, 1492-1810

Chen, Yao; Palma, Nuno; Ward, Felix - 2021 - Revision: May 2021

Edition: Revision: May 2021

Book / Working Paper

Reconstruction of the Spanish money supply, 1492-1810

Chen, Yao; Palma, Nuno; Ward, Felix - 2020

Book / Working Paper

Money growth, money velocity and inflation in the US : 1948-2021

Castañeda, Juan E.; Cendejas Bueno, José Luis - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015127111

Is the Quantity Theory Dead? Lessons from the Pandemic

Hendrickson, Joshua R. - 2023

Many policymakers and economists are surprised by the recent high and persistent inflation. This naturally raises questions about what caused it and why it was so unexpected. This paper argues that the quantity theory of money provides a useful framework for forecasting inflation. Anyone...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014262206

Show one more version 1

Is the Quantity Theory Dead? Lessons from the Pandemic

Hendrickson, Joshua R. - 2022

Book / Working Paper

Money/asset ratio as a predictor of inflation

Nguyen Duc Do - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015188445

On Money and Inflation

Chowdhury, Mehdi - 2023

The paper states that there is a need to go beyond our usual understanding of money e.g. physically, electronically or virtually expressed in term of monetary units like dollar, pounds, gold coins, bitcoins etc. Rather money is best conceptualised as the ability of a person to obtain goods and...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014355553

Monetary aggregates in the US since 2020 and post-COVID-19 inflation : evidence from the equation of exchange

Beretta, Edoardo; Neuberger, Doris - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014448604

Corporate money demand and the missing inflation

Wang, Lei - 2024

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014558917

Economic Theories, Protagonists and Facts : Collected Essays in the History of Economic Thought

Marcuzzo, Maria Cristina - 2024

1. Introduction -- Part I: History of Economic Thought: Which are the Issues -- 2. Is History of Economic Thought a "Serious" Subject -- 3. A Slender Trunk and Many Branches: The History of Economic Thought in Perspective, Past and Future -- 4. A Methodological Agenda for New Economic Thinking...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015162690

Do product returns in the retail sector afect the price level? : evidence from the equation of exchange

Beretta, Edoardo; Neuberger, Doris; Senner, Richard - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014451983

If "money matters", what about the monetary base?

Congdon, Tim - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014338584

The recent rise in US inflation : policy lessons from the quantity theory

Gao, Han; Nicolini, Juan Pablo - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014340041

One hundred years ago : Keynes's a Tract on Monetary Reform

Hawkins, John - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014369702

Okay boomer... : excess money growth, inflation, and population aging

Kopecky, Joseph - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014364391

Show 2 more versions 2

Okay boomer...excess money growth, inflation, and population aging

Kopecky, Joseph - 2021 - Latest Revision October 2021

Edition: Latest Revision October 2021

Book / Working Paper

Okay Boomer... Excess Money Growth, Inflation, and Population Aging

Kopecky, Joseph - 2021

Book / Working Paper

Testing the validity of the quantity theory of money on sectoral data : non-linear evidence from South Africa

Mndebele, Siyabonga; Tewari, Devi D.; Ilesanmi, Kehinde … - 2023

Purpose: The purpose of this study is to test the validity of the quantity theory of money (QTM) on South African sectoral data. The rationale of this study and its necessity for South Africa as the case study is that, although aggregate inflation may lie within the target range, inflation at a...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014230836

Predicting inflation : a holistic approach

Avdiu, Kujtim; Unger, Stephan - 2022

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...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013168762

The monetarists : the making of the Chicago monetary tradition, 1927-1960

Tavlas, George S. - 2023

"An essential origin story of modern society's most influential economic doctrine. The Chicago School of economic thought has been widely generalized-and caricaturized-in contemporary debate. What is often portrayed as a monolithic obsession with markets is, in fact, a nuanced set of economic...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013287804

Monetarist arithmetic at COVID-19 time : a take on how not to misapply the quantity theory of money

Pinter, Julien - 2022

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013275608

Show one more version 1

Monetarist Arithmetic at COVID-19 Time : A Take on How not to Misapply the Quantity Theory of Money

Pinter, Julien - 2021

Book / Working Paper

Revisiting the quantity theory of money in euro area : the case of Greece

Ongan, Serdar; Gocer, Ismet; Ongan, Ayse - 2022

This study revisits the Quantity Theory of Money for Greece from the perspective of potentially nonlinear relations between the variables of the equation of exchange. Therefore, this methodological approach makes this study different from previous empirical studies, which were constructed on the...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013431110

US monetary policy, 2020-23 : putting the quantity theory to the test

Ireland, Peter N. - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014456759

The origins of Austrian economics in the treaties of the theologians of Salamanca

Afanasiev, Anton - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014309295

The Prospect of Fiscal Dominance in the United States : A New Quantity Theory Perspective

Beckworth, David - 2022

The U.S. national debt is now near 100 percent of GDP and is expected to double that by 2050, according to the Congressional Budget Office. This change in U.S. public finance has some observers worried that a regime of fiscal dominance may soon emerge, making monetary policy subservient to...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013305900

How Friedman and Schwartz Became Monetarists

Tavlas, George S.; Lothian, James R. - 2022

During the late-1940s and the early-1950s Milton Friedman favored a rule under which fiscal policy would be used to generate changes in the money supply with the aim of stabilizing output at full employment. He believed that the economy is inherently unstable because of endogenous movements in...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014078887

The nature of money under a commodity standard : exogenous or endogenous?

Feldman, Germán David - 2023

Persistent link: https://ebvufind01.dmz1.zbw.eu/10014290348

The crucial role for money and business firms for short-term economic growth

Bergström, Karl-Johan - 2022

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013370920

Reconstruction of the Spanish Money Supply, 1492-1810

Chen, Yao; Palma, Nuno; Ward, Felix - 2021

Persistent link: https://ebvufind01.dmz1.zbw.eu/10012605999

The Price Level, the Quantity Theory of Money, and the Fiscal Theory of the Price Level

Gordon, David B.; Leeper, Eric M. - 2021

We consider price level determination from the perspective of portfolio choice. Arbitrages among money balances, bonds, and investment goods determine their relative demands. Returns to real balance holdings (transactions services), the nominal interest rate, and after-tax returns to investment...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013230965

Show one more version 1

The Price Level, the Quantity Theory of Money, and the Fiscal Theory of the Price Level

Gordon, David B. - 2002

Book / Working Paper

The quantity theory of stock prices

Song, Xiaojing; Truong, Thu Phuong; Tippett, Mark; … - 2022

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013532257

The Quantity Theory of Money : An Assessment of Its Real Linchpin Prediction

Hillinger, Claude; Süssmuth, Bernd - 2021

This study approaches the Quantity Theory of Money at a conceptual level, asking how it can be most reasonably interpreted and quantitatively assessed. The resulting approach is straightforward. Unlike studies relying on other methods we find evidence of its linchpin prediction that is not...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013316221

Irving Fisher, Simon Newcomb, and their plans to stabilize the dollar

Dimand, Robert W.; Valeonti, Sofia - 2022

Persistent link: https://ebvufind01.dmz1.zbw.eu/10013493167

Long run evidence on money growth and inflation

Benati, Luca - 2009

Over the last two centuries, the cross-spectral coherence between either narrow or broad money growth and inflation at the frequency ù=0 has exhibited little variationbeing, most of the time, close to onein the U.S., the U.K., and several other countries, thus implying that the fraction of...

Persistent link: https://ebvufind01.dmz1.zbw.eu/10003832319

Show one more version 1