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Stationary velocity and the long-run link between money and prices

✍ Scribed by Hamid Baghestani

Book ID
112727781
Publisher
Springer US
Year
1992
Tongue
English
Weight
65 KB
Volume
20
Category
Article
ISSN
0197-4254

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✍ Paul De Grauwe; Marianna Grimaldi πŸ“‚ Article πŸ“… 2001 πŸ› John Wiley and Sons 🌐 English βš– 324 KB

## Abstract In this paper we analyse the long‐run proportionality and neutrality propositions between inflation and money growth and between exchange rate changes and money growth. Using a sample of 100 countries over a thirty‐year period we find that the evidence in favour of these propositions is