Results 11 to 20 of about 167,748,276 (299)
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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İstanbul İktisat Dergisi, 2021 This study tests the validity of the quantity theory for cryptocurrencies. They have been on the agenda of financial markets in recent years, and they are perceived as a new type of money. Considering the historical development of money, the emergence of
Seren Fırat, Esat Daşdemir
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REEXAMINING THE QUANTITY THEORY OF MONEY: AN EMPIRICAL ANALYSIS FROM THE JOINT HYPOTHESIS
Economic Review, 2021 The joint hypothesis test is a replicable interpretation of the quantity theory of money (QTM) when used as an inflation theory. This study examined the effect of money supply and gross domestic product (GDP) growth on inflation volatility.
Cheng-Wen Lee +1 more
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The theory of money in France since 1945
PSL Quarterly Review, 2014 While the most interesting contributions to the theory of money over the past thirty years have arguably been the work of British or Swedish economists, it would not be fair to pass over less striking ventures and fail to to point out the traditional ...
E. JAMES
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İstanbul İktisat DergisiIn this study, the validity of the quantity theory of money is tested for the Turkish economy over the period 2006:01-2022:12. For this purpose, the unit root and co-integration tests that do not neglect structural breaks are employed.
Mustafa Orhan Özer
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The Optimum Quantity of Money: Theory and Evidence [PDF]
Journal of Money, Credit and Banking, 1997 In this paper we propose a simple and general model for computing the Ramsey optimal inflation tax, which includes several models from the previous literature as special cases. We show that it cannot be claimed that the Friedman rule is always optimal (or always non--optimal) on theoretical grounds.
Casey B. Mulligan +1 more
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The quantity theory of money. Reply to Dr. R.S. Masera
PSL Quarterly Review, 2014 In this brief note, the author responds to R.S. 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 ...
A. KELLY
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The search for co-integration between money, prices and income: Low frequency evidence from the Turkish economy [PDF]
Panoeconomicus, 2009 In this paper, we aim to test the empirical validity of the QTM relationship for the Turkish economy. Using some contemporaneous time series estimation techniques, our estimation results reveal that stationarity characteristics of the velocities of ...
Saatçioğlu Cem, Korap Levent
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Studia Universitatis Babeș-Bolyai. Philosophia, 2022 This paper analyses how the so-called metallist theory of money gave way to functionalism in early modernity. Theoretical metallism held that something, in order to perform the role of money, must bear some intrinsic value. Functionalism, on the contrary,
Adam SMRCZ
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Empirical Evidence for the Quantity Theory of Money: Romania – A Case Study [PDF]
Revista Română de Statistică, 2013 The quantity theory of money is one of the most important theoretical propositions in monetary economic theory. However, in recent days more and more economists contest its validity.
Alexandru Pătruţi, Alina Tătulescu
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