Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/39040
Authors: 
Hillinger, Claude
Süssmuth, Bernd
Year of Publication: 
2010
Series/Report no.: 
CESifo working paper Monetary Policy and International Finance 2995
Abstract: 
This study approaches the Quantity Theory of Money at a conceptual level, asking how it can be most reasonably interpreted and quantitatively assessed. The resulting approach is straightforward. Unlike studies relying on other methods we find evidence of its linchpin prediction that is not limited to periods of high inflation.
Subjects: 
quantity theory of money
JEL: 
B22
E31
E41
E52
Document Type: 
Working Paper

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