REEXAMINING THE QUANTITY THEORY OF MONEY: AN EMPIRICAL ANALYSIS FROM THE JOINT HYPOTHESIS
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...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Faculty of Economics, University of Tuzla
2021-05-01
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| Series: | Economic Review |
| Subjects: | |
| Online Access: | http://ef.untz.ba/wp-content/uploads/2021/10/1_MAY_2021_DOI_pp_3_12.pdf |