search query: @author Grauwe, P. de / total: 13
reference: 2 / 13
| Author: | Grauwe, P. De Polan, M. |
| Title: | Is inflation always and everywhere a monetary phenomenon? |
| Journal: | Scandinavian Journal of Economics
2005 : VOL. 107:2, p. 239-259 |
| Index terms: | Inflation Money Quantity |
| Language: | eng |
| Abstract: | A sample of about 160 countries over the last 30 years is used to test for the quantity theory relationship between money and inflation. When analysing the full sample of countries, a strong positive relation is found between long-run inflation and the money growth rate. The relation is not proportional, however. |
SCIMA