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Money Growth and Its Implications for Output and Inflation
Manage episode 361937832 series 3304320
We discuss what one can learn from the ongoing contraction in Euro Area money growth for output growth and inflation going forward. We discuss the various interpretations of the quantity theory of money and then analyze to what extent the resulting implications are born out by the data.
100 Episoden
Manage episode 361937832 series 3304320
We discuss what one can learn from the ongoing contraction in Euro Area money growth for output growth and inflation going forward. We discuss the various interpretations of the quantity theory of money and then analyze to what extent the resulting implications are born out by the data.
100 Episoden
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