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Jamie Emerson
 
''The Quantity Theory of Money: Evidence from the United States''
( 2006, Vol. 5 No.2 )
 
 
In this paper cointegration analysis is used to examine the long-run relationship between money, prices, output, and interest rates. This paper finds convincing evidence in support of the quantity theory of money using time series data from the United States.
 
 
Keywords: Cointegration
JEL: E0 - Macroeconomics and Monetary Economics: General
E4 - Money and Interest Rates: General
 
Manuscript Received : Dec 02 2005 Manuscript Accepted : Jan 10 2006

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