Empirical Evidence for the Quantity Theory of Money: Romania – A Case Study
The quantity theory of money is one of the most important theoretical propositions in monetary economic theory. However, in recent days more and more economists contest its validity. In this article we will attempt to offer additional empirical support for the quantity theory of money. We argue that...
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| Format: | Article |
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Romanian National Institute of Statistics
2013-12-01
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| Series: | Revista Română de Statistică |
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| Online Access: | http://www.revistadestatistica.ro/wp-content/uploads/2014/01/RRS_11_2013_A1_en.pdf |
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doaj-76d277f985e844a7bfba9d3e235924cc2020-11-24T22:38:34ZengRomanian National Institute of StatisticsRevista Română de Statistică1844-76941844-76942013-12-0161111219Empirical Evidence for the Quantity Theory of Money: Romania – A Case StudyAlexandru Pătruţi0Alina Tătulescu1Academy of Economic Studies, BucharestAcademy of Economic Studies, BucharestThe quantity theory of money is one of the most important theoretical propositions in monetary economic theory. However, in recent days more and more economists contest its validity. In this article we will attempt to offer additional empirical support for the quantity theory of money. We argue that the variation in the consumer price index (CPI) in Romania in the last six years can be fully explained by the variation in the supply of money.http://www.revistadestatistica.ro/wp-content/uploads/2014/01/RRS_11_2013_A1_en.pdfconsumer price index (CPI)money supplypurchasing powerregression analysisthe quantity theory of money |
| collection |
DOAJ |
| language |
English |
| format |
Article |
| sources |
DOAJ |
| author |
Alexandru Pătruţi Alina Tătulescu |
| spellingShingle |
Alexandru Pătruţi Alina Tătulescu Empirical Evidence for the Quantity Theory of Money: Romania – A Case Study Revista Română de Statistică consumer price index (CPI) money supply purchasing power regression analysis the quantity theory of money |
| author_facet |
Alexandru Pătruţi Alina Tătulescu |
| author_sort |
Alexandru Pătruţi |
| title |
Empirical Evidence for the Quantity Theory of Money: Romania – A Case Study |
| title_short |
Empirical Evidence for the Quantity Theory of Money: Romania – A Case Study |
| title_full |
Empirical Evidence for the Quantity Theory of Money: Romania – A Case Study |
| title_fullStr |
Empirical Evidence for the Quantity Theory of Money: Romania – A Case Study |
| title_full_unstemmed |
Empirical Evidence for the Quantity Theory of Money: Romania – A Case Study |
| title_sort |
empirical evidence for the quantity theory of money: romania – a case study |
| publisher |
Romanian National Institute of Statistics |
| series |
Revista Română de Statistică |
| issn |
1844-7694 1844-7694 |
| publishDate |
2013-12-01 |
| description |
The quantity theory of money is one of the most important theoretical propositions in monetary economic theory. However, in recent days more and more economists contest its validity. In this article we will attempt to offer additional empirical support for the quantity theory of money. We argue that the variation in the consumer price index (CPI) in Romania in the last six years can be fully explained by the variation in the supply of money. |
| topic |
consumer price index (CPI) money supply purchasing power regression analysis the quantity theory of money |
| url |
http://www.revistadestatistica.ro/wp-content/uploads/2014/01/RRS_11_2013_A1_en.pdf |
| work_keys_str_mv |
AT alexandrupatruti empiricalevidenceforthequantitytheoryofmoneyromaniaacasestudy AT alinatatulescu empiricalevidenceforthequantitytheoryofmoneyromaniaacasestudy |
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