Arbeitspapier

The quantity theory of money: An assessment of its real linchpin prediction

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.

Language
Englisch

Bibliographic citation
Series: CESifo Working Paper ; No. 2995

Classification
Wirtschaft
History of Economic Thought: Macroeconomics
Price Level; Inflation; Deflation
Demand for Money
Monetary Policy
Subject
quantity theory of money
Quantitätstheorie
Inflation
Prognoseverfahren

Event
Geistige Schöpfung
(who)
Hillinger, Claude
Süssmuth, Bernd
Event
Veröffentlichung
(who)
Center for Economic Studies and ifo Institute (CESifo)
(where)
Munich
(when)
2010

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Hillinger, Claude
  • Süssmuth, Bernd
  • Center for Economic Studies and ifo Institute (CESifo)

Time of origin

  • 2010

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