Results 71 to 80 of about 167,748,276 (299)
Is Quantity Theory Still Alive? [PDF]
This paper investigates whether the quantity theory of money is still alive. We demonstrate three insights. First, for countries with low inflation, the raw relationship between average inflation and the growth rate of money is tenuous at best.
Pedro Teles, Harald Uhlig
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Study of the Quantity Theory of Money [PDF]
, 2016 This paper examines the classical theory of the relationship between the money supply, inflation, and output. The purpose of the paper is to determine empirically if the quantity theory of money holds true.
Howard, Jerome, Jr.
core +1 more source
Agribusiness, EarlyView.ABSTRACT In May 2020, China abruptly suspended imports from several major Australian beef processors, escalating a diplomatic dispute between the two countries. This trade measure disrupted one of the largest beef export relationships in the world almost overnight.
K. Aleks Schaefer, Youngjune Kim
wiley +1 more source
The Theory and Empirical Credibility of the Commodity Money [PDF]
The recent instability in financial markets demonstrated the inadequacy of the mainstream treatment of money and the underlying production base. This has stimulated interest in the possible role of a money commodity.
John Weeks
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Moneta e Credito, 2014 Text of a lecture delivered at the university of UPSALA. The author discusses Knut Wicksell’s legacy, with specific reference to monetary theory. The author places Wicksell among the adherents of the quantity theory of money, although recognising that a ...
D. PATINKIN
doaj +1 more source
Food Prices and Inflation Expectations in New Zealand
Agribusiness, EarlyView.ABSTRACT Food prices are conspicuous, and spending on food constitutes a considerable share of household expenditure. In this study, we use partially identified Bayesian structural vector autoregression models to analyze the effects of food price shocks on core inflation and 1‐ and 5‐year inflation expectations in New Zealand.
Puneet Vatsa +2 more
wiley +1 more source
Backing, the Quantity Theory, and the Transition to the U.S. Dollar, 1723-1850 [PDF]
Among the thirteen original colonies, Pennsylvania was most successful at issuing paper money with only minimal effects on prices -- so much so that the colony's experience is sometimes seen as violating the classical quantity theory of money.
Peter L. Rousseau
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Alfred Marshall and the Quantity Theory of Money [PDF]
, 2012 Marshall made at least four contributions to the classical quantity theory. He endowed it with his Cambridge cash-balance money-supply-and-demand framework to explain how the nominal money supply relative to real money demand determines the price level.
openaire +2 more sources
Agribusiness, EarlyView.ABSTRACT European agriculture is increasingly exposed to economic instability driven by extreme weather events, market volatility, and geopolitical tensions. To manage these growing risks, farmers are encouraged to adopt innovative risk management strategies such as the Income Stabilization Tool (IST), which offers protection against severe income ...
Alice Stiletto +5 more
wiley +1 more source
The Optimum Quantity of Money Revisited: Distortionary Taxation in a Search Model of Money [PDF]
This paper incorporates a distortionary tax into the microfoundations of money framework and revisits the optimum quantity of money. An optimal policy may consist of both a positive tax rate and a positive nominal interest rate: if the buyer’s surplus ...
Ritter, Moritz
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