Slahor, Ludomir; Majercakova, Daniela; Mittelman, Alexandra - In: Eurasian Journal of Economics and Finance 3 (2015) 1, pp. 38-50
The historical evidence suggests a high correlation between changes in the stock of money per unit of output and changes in prices in the same direction. The goal of this paper is to analyze the correlation between the monetary aggregates and the price stability before, during and after the...