On the short-run non-neutrality of money in the quantity theory
Recent years have seen a renewed interest in the traditional pre-Keynesian quantity theory. This paper is concerned with the contention that - in the formal development of this theory in the past - a change in the quantity of money expends itself solely in influencing the price level, but not the vo...
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| Format: | Article |
| Language: | English |
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Associazione Economia civile
2013-11-01
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| Series: | PSL Quarterly Review |
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| Online Access: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11125 |