All Rights Reserved
AccessEcon LLC 2006, 2008.
Powered by MinhViet JSC

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
E4 - Money and Interest Rates: General
Manuscript Received : Dec 02 2005 Manuscript Accepted : Jan 10 2006

  This abstract has been downloaded 2059 times                The Full PDF of this paper has been downloaded 151994 times