A critical note on the quantity theory of money

Quantity theorists assert that “money matters” and mean by this that changes in the quantity of money have substantial and important effects on key economic variables like real income or the price level. Unfortunately, the Quantity Theory discussion of the impact of changes in the quantity of money...

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Bibliographic Details
Main Author: A. KELLY
Format: Article
Language:English
Published: Associazione Economia civile 2014-01-01
Series:PSL Quarterly Review
Subjects:
Online Access:https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11573