The quantity theory of money. A comment by R.S. MASERA

“…Kelly’s A Critical Note on the Quantity Theory of Money. The author contends that while there are certainly sound arguments supporting the view that the nominal stock of money is partly dependent on the endogenous behaviour of the economic system, this fact does not preclude the existence of two separate supply and demand functions, although it does raise the question of whether the single -equation approach to the estimation of the demand-for-money function is in fact warranted. …”
Get full text

A critical note on the quantity theory of money by A. KELLY

Subjects: “…Quantity theory of money…”
Get full text

The quantity theory of money. Reply to Dr. R.S. Masera by A. KELLY

“…Masera’s criticism of the author’s position on the quantity theory of money. The author maintains that the monetary authorities cannot arbitrarily create excessive money balances in the hands of the public and that as a consequence monetary policy is likely to be ineffective and possibly even disruptive.   …”
Get full text

A connection between the consumer theory and quantity theory of money by Tito Belchior S. Moreira

“… This essay shows a connection between consumer theory and quantity theory of money, inspired by Richard Cantillon's approach, in which changes in the money stock influence price levels, characterizing the elasticity of the money supply in relation to the price level to the consumer. …”
Get full text

Revisiting the quantity theory of money in Euro Area: the case of Greece by Serdar Ongan, Ismet Gocer, Ayse Ongan

Subjects: “…quantity theory of money (qtm)…”
Get full text

Money circulation and debt circulation: a restatement of quantity theory of money by Xiaoyun Xing, Wanting Xiong, Liujun Chen, Jiawei Chen, Yougui Wang, H. Eugene Stanley

Get full text

Test of the Quantity theory of Money in Iran and Examination of The Effectiveness of Price Stabilizing Policy with GARCH Models by Gholamreza Eslami Bidgoli, Saeed Bajalan

“…One of the theories that try to interpret this phenomenon is Quantity Theory of Money. According to this theory, there is pure linear relationship between the amount of liquidity and general level of prices. …”
Get full text

Testing the Validity of the Quantity Theory of Money on Sectoral Data: Non-Linear Evidence from South Africa by Siyabonga Mndebele, Devi Datt Tewari, Kehinde Damilola Ilesanmi

“…Purpose: The purpose of this study is to test the validity of the quantity theory of money (QTM) on South African sectoral data. …”
Get full text

Money and inflation : a new macroeconomic analysis / by 403703 Rossi, Sergio

Subjects:

A Markov-Switching Model of Inflation in Bolivia by Antonio N. Bojanic

Subjects: Get full text

Covid Monetary Expansion: Are Business Profits to be Blamed for the Inflation in 2022? by Machaj Mateusz

Subjects: “…quantity theory of money…”
Get full text

Macroeconomics : equilibrium and disequilibrium analysis / by 336150 Edwards, James Rolph

Subjects:

Inflation, the quantity theory, and rational expectations / by 360180 Bomhoff, Eduard Jan

Subjects:

Theee talks on monetary theory by Duncan K. Foley

Subjects: Get full text

Il processo cumulativo di Wicksell nella teoria e nella pratica. (Wicksell’s cumulative process in theory and practice) by D. PATINKIN

Subjects: Get full text

Wicksell’s cumulative process in theory and practice by D. PATINKIN

Subjects: Get full text

Comportamiento de la demanda de dinero en Colombia durante el periodo 2000: I-2010: IV by Harold Stevens Ávila Aguirre

Subjects: Get full text

A Way to Improve Quantitative Easing through the Implementation of a Commodity Reserve by Yingxi Lu

“…Although there is no conclusive theoretical evidence for quantitative easing and its actual effects are as yet unknown, the process of implementing this policy has almost totally disproved mainstream Western monetary theory, based as it is on the quantity theory of money. Therefore, we need to rediscover the theoretical basis of quantitative easing. …”
Get full text

Islamicity of Banking and Modes of Islamic Banking by Muhammad Anwar

“…The concepts of the Money Expansion Multiplier and Quantity Theory of money reveal that the central banks and commercial banks usurp people's property in the form of seignorage by expanding money supply. …”
Get full text

Controllo quantitativo del credito: alcune considerazioni generali. by R.S. MASERA

“…Kelly’s A Critical Note on the Quantity Theory of Money. The author contends that while there are certainly sound arguments supporting the view that the nominal stock of money is partly dependent on the endogenous behaviour of the economic system, this fact does not preclude the existence of two separate supply and demand functions, although it does raise the question of whether the single -equation approach to the estimation of the demand-for-money function is in fact warranted. …”
Get full text