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| Jamie Emerson |
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| ''The Quantity Theory of Money: Evidence from the United States'' |
| ( 2006, Vol. 5 No.2 ) |
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| 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. |
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| Keywords: Cointegration |
JEL:
E4 - Money and Interest Rates: General |
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| Manuscript Received : Dec 02 2005 | | Manuscript Accepted : Jan 10 2006 |
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