Monetarist arithmetic at COVID-19 time: a take on how not to misapply the quantity theory of money
The COVID-19 crisis has revived an old heated debate on whether significant increases in the money supply - such as the ones seen after the pandemic outbreak - ultimately lead to higher inflation. Some observers have alluded to the quantity theory of money for that purpose, though in our view, this...
Main Author: | |
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Format: | workingPaper |
Language: | eng |
Published: |
2021
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Subjects: | |
Online Access: | http://hdl.handle.net/1822/74654 |
Country: | Portugal |
Oai: | oai:repositorium.sdum.uminho.pt:1822/74654 |