Essays about: "Quantity theory of money"

Showing result 1 - 5 of 6 essays containing the words Quantity theory of money.

  1. 1. Colonial Pennsylvania Commodity Prices and the Quantity Theory of Money

    University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Author : Wolfe Padawer; [2022]
    Keywords : quantity theory of money; economic history; colonial America; money supply; price level;

    Abstract : The Quantity Theory of Money (QTM) has been one of the most long-standing and controversial ideas in economics. Economic historians have analyzed many different times and eras to see if it holds, with varying conclusions. One particular era has remained particularly contentious: colonial America. READ MORE

  3. 2. Investigation of potential link between declining CPI inflation and rising asset prices

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Adam Henriksson; [2021]
    Keywords : Quantity theory of money; asset prices; CPI inflation; forecasting; Sweden; USA; Business and Economics;

    Abstract : This paper examines whether there is a link between missing CPI inflation and asset price inflation. It makes use of the quantity theory of money to establish that increased money growth in relationship to real GDP leads to CPI inflation. The model first tests the period leading up to 1990 then the period after 1990. READ MORE

  4. 3. Today's Credit Market - How to Avoid a House of Cards? : Austrian Full Reserves and the Chicago Plan as Alternatives to the Current Fractional Reserves

    University essay from Södertörns högskola/Nationalekonomi

    Author : Julia Eriksson; Julia Jordeby; [2017]
    Keywords : Full reserves; Austrian business cycle theory; the Chicago Plan; Household debt; Convertibility principle; Quantity principle; Hundraprocentiga reserver; Österrikisk konjunkturcykelteori; Chicagoplanen; Hushållens skuldsättning; Konvertibilitet; Kvantitetskontroll;

    Abstract : Today’s household debt consists for the most part of credit money, and this general phenomenon does not only occur in Sweden. Money in the economy is mostly created by private banks, as much as 97 percent of the money in the United States, while central banks only create a very small share of all money. READ MORE

  5. 4. The effect of financial development on income inequality in Africa : Looking for a needle in a haystack?

    University essay from Högskolan i Jönköping/Internationella Handelshögskolan

    Author : Milcent Chimboza; [2014]
    Keywords : Financial development; income inequality; Africa; Greenwood-Jovanovic hypothesis; Gini coefficient;

    Abstract : This paper investigates the effect of financial development on income inequality in 20 African countries. Theory and a growing number of empirical studies suggest that the former exerts a negative impact on the latter by enabling low-income holders to undertake income-enhancing education and business investments, thereby promoting a tighter income distribution. READ MORE

  6. 5. Measuring asset price inflation: a quantitative approach

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Anders Gustafsson; [2010]
    Keywords : Asset prices; inflation; quantitative theory; central bank policy; Business and Economics;

    Abstract : This essays investigates the relationship between central banks, monetary policy and asset prices. Assets are defined as stocks and real estate. Inflations is treated as a purely monetary phenomenon caused by too much money being created, more then is appropriate according to the quantity equation. READ MORE