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Reconstructing the Quantity Theory (II) [PDF]
SSRN Electronic Journal, 2011 The quantity theory is disjunct to the hard core of general equilibrium theory. It does not relate to the formal foundations of standard economics and, vice versa, from the behavioral axioms of standard economics a rationale for using money cannot be derived.
Egmont Kakarot-Handtke +1 more
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Harvard, the Chicago tradition, and the quantity theory : a reply to James Ahiakpor [PDF]
, 2010 James Ahiakpor's critique of our 2002 work on the relationship between a certain 1932 Harvard memorandum on antidepression policies and the 1932 Harris Foundation manifesto dealing with the same issues misses the significance of these documents, and of ...
Laidler, D., Sandilands, R.J.
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Chicago schools old and new on the efficacy of monetary policy
PSL Quarterly Review, 2013 This paper traces the evolvement of monetary-policy proposals at Chicago from the early 1930s up until the appearance of Friedman’s classic “Restatement” of the quantity theory in 1956.
G.S. TAVLAS
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Covid Monetary Expansion: Are Business Profits to be Blamed for the Inflation in 2022?
Studies in Logic, Grammar and Rhetoric, 2022 Recent increases in inflation rates around the world has lead to many discussions on the causes of such rapid adjustments, some suggesting that higher profits are responsible driving force behind inflation.
Machaj Mateusz
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The interest rate snap-back and its implication for the Keynesian-quantity theory dispute
PSL Quarterly Review, 2014 Much recent work on the behaviour of interest rates has argued that both long term and short term interest rates decline only very temporarily when the growth rate of money increases. Nominal rates quickly snap back to their previous level.
T. MAYER
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Theory of Money of David Ricardo: Quantity Theory and Theory of Value
Lecturas de Economía, 2009 En lo que es necesario enfatizar, al caracterizar la teoría cuantitativa de David Ricardo, es en que ésta es una teoría de determinación del valor del dinero en una situación particular en la cual se impide que el dinero, sin importar cual sea su forma ...
Susumu Takenaga
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A Markov-Switching Model of Inflation in Bolivia
Economies, 2021 The Bolivian inflation process is analyzed utilizing a time-varying univariate and multivariate Markov-switching model (TMS). With monthly data and, beginning in the late 1930s, inflation is accurately described by a univariate TMS. The intercept for the
Antonio N. Bojanic
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Price vs. quantity in oligopoly games [PDF]
, 2005 Price-setting and quantity-setting oligopoly games lead to extremely dierent outcomes in the market. One natural way to address this problem is to formulate a model in which some rms use price while the remaining rms use quantity as their decision ...
Tasnádi, Attila, Attila Tasnádi
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Valuation of Utility Tokens based on the Quantity Theory of Money
The Journal of The British Blockchain Association, 2018 A framework to value utility tokens would allow for more transparent Initial Coin Offerings (ICO) and help in the development of digital assets. In this paper, we derive a formula to value utility tokens and the network that supports it.
Jay Pazos
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The ANNALS of the American Academy of Political and Social Science, 1897 n ...
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