Results 1 to 10 of about 13,231 (155)
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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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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A connection between the consumer theory and quantity theory of money
Mises, 2022 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 ...
Tito Belchior S. Moreira
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How excessive endogenous money supply can contribute to global financial crises [PDF]
Banks and Bank Systems, 2021 Financial crises have become a challenge for sustainable growth, given the frequency and intensity of crisis shocks and their destructive consequences in recent decades.
Serhii Shvets
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In Search of a Monetary Constitution for Brazil
Brazilian Journal of Political Economy, 2022 The present paper examines various episodes of the monetary history of Brazil and other countries as well as the recent empirical evidence to look into critically the two principal proposals of monetary constitution for Brazil: currency board and ...
MARCIO RONCI
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Revisiting the quantity theory of money in Euro Area: the case of Greece [PDF]
The European Journal of Comparative Economics, 2022 This study revisits the Quantity Theory of Money for Greece from the perspective of potentially nonlinear relations between the variables of the equation of exchange.
Serdar Ongan, Ismet Gocer, Ayse Ongan
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Money and inflation in inflation-targeting regimes – new evidence from time–frequency analysis
Journal of Applied Economics, 2021 This article investigates the post-1990 link between broad money growth and inflation in 16 full-fledged inflation-targeting regimes and four benchmark non-inflation-targeting regimes.
Maciej Ryczkowski
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The quantity theory of money. A comment
PSL Quarterly Review, 2014 In this brief note, the author criticises A.K. 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 ...
R.S. MASERA
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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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A critical note on the quantity theory of money
PSL Quarterly Review, 2014 Quantity theorists assert that “money matters” and mean by this that changes in the quantity of money have substantial and important effects on key economic variables like real income or the price level.
A. KELLY
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