Results 11 to 20 of about 167,742,347 (293)
A Panel Test of Purchasing Power Parity Under the Null of Stationarity [PDF]
Purchasing Power Parity (PPP) is tested using a sample of real exchange rate data for twelve European countries. Acknowledging that Augmented Dickey Fuller tests have low power, we apply a Panel test that considers the null of stationarity and corrects
Simpson, M, Hunter, J
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The study of the relationship between information and money is one of the most relevant, widely discussed and yet difficult issues to explore. However, many aspects remain unclear, requiring deeper research and understanding. The object of this study was
V. D. Kuligin
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French economists and the purchasing power of money [PDF]
Abstract When French economists read The Purchasing Power of Money, they were primarily interested in the equation of exchange and the reformulation that Fisher proposed regarding the quantity theory of money. This reading led them to ponder the meaning that should be given to this theory and to study its empirical significance.
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In defense of fractional free banking
This paper examines the debate between the so-called fractionalists and the reservists within the Austrian School of Economics (1994 – 2005), emphasizing the maturity mismatch problem (2009 – 2019).
Matus Posvanc
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ON CONSISTENT INTERGROUP COMPARISONS OF PURCHASING POWER OF MONEY [PDF]
There is some advantage in comparing price levels using consistent methods because this gives unique results. This paper examines some available methods of consistent comparison, pointing out difficulties associated with heterogeneous data, and suggesting adaptations yielding better comparisons.
Mukherjee, M., Rao, D. S. Prasada
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L'instabilità dei prezzi in gold standard. (The instability of prices under the gold standard)
La discussione sulla possibilità di tornare oggi ad un sistema monetario basato sull' oro ha portato alla discussione se l'oro è uno standard sufficiente a mantenere un potere di acquisto costante di denaro.
M.C. MARCUZZO, A. ROSSELLI
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On the Purchasing Power of Money in an Exchange Economy [PDF]
A model is constructed in which completely unbacked fiat money, issued by generic supplier implementing realistically specified monetary policy designed to obey certain sufficient conditions, is endogenously accepted by rational individuals at uniquely determined price level.
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The Income Effect Reconsidered
There is an avoidable tension in a recently presented argument against the income effect from the perspective of Austrian or causal-realist price theory.
Karl-Friedrich Israel
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On inflation in the Russian economy
For the economy is very important to have the amount of money in circulation, sufficient to serve the movement of goods and services without generating inflation, indicating an excess of money, so matching the growth rate of monetary and commodity weight
A. I. Bolonin
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What Is Inflation? Clarifying and Justifying Rothbard's Definition
Austrian economists have debated issues of monetary theory and inflation extensively, but there is still no agreement on the definition of inflation. Mises (1953, 240) defined inflation as an increase in the supply of money not offset by an increase in ...
Kristoffer J. Mousten Hansen +1 more
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