Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/70722 
Erscheinungsjahr: 
2009
Schriftenreihe/Nr.: 
Working Paper No. 2009-26
Verlag: 
Federal Reserve Bank of Atlanta, Atlanta, GA
Zusammenfassung: 
Correlations of inflation with the growth rate of money increase when data are averaged over longer time periods. Correlations of inflation with the growth of money also are higher when high-inflation as well as low-inflation countries are included in the analysis. We show that serial correlation in the underlying inflation rate ties these two observations together and explains them. We present evidence that averaging increases the correlation of inflation and money growth more when the underlying inflation rate has higher serial correlation.
Schlagwörter: 
money and inflation
inflation
quantity theory
JEL: 
E31
E5
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
418.15 kB





Publikationen in EconStor sind urheberrechtlich geschützt.