questions and preparing Thünen's theory of capital and interest. Thünen starts his analysis with a description of the … extended quantity theory of money by introducing the velocity of money transactions and formulating the correct algebraic … twentieth century and from the perspective of modern monetary theory, Thünen's drafts are an unexpected discovery and of …

analyse this topic by means of a P-star model. Based on the quantity theory of money, this approach explains inflation via a …. Moreover, parameter restrictions for the long-run relationships implied by the monetary theory are tested. Country specific P … Preisniveau und dem realen Output testet. Weiterhin werden die Parameterrestriktionen, die sich durch die monet¨are Theorie …

, being for long periods of time smaller than one. The unitary gain associated with the quantity theory of money appeared in … quantity theory of money, which would otherwise remain hidden in the data. …

This study approaches the Quantity Theory of Money at a conceptual level, asking how it can be most reasonably …

The paper reconstructs the origins of the quantity theory of money and its applications. Against the background of the … history of money, it is shown that the theory was flexible enough to adapt to institutional change and thus succeeded in … on a panel data set covering more than hundred countries from 1991 to the present confirms that the theory still holds: a …

We test the quantity theory of money (QTM) using a novel approach and a large new sample. We do not follow the usual …

decline of the history of economic thought within the discipline. [Mark Blaug on the quantity theory: A skirmish on the border … awareness and respect for empirical content to bear when he wrote about the Quantity Theory of Money, but he hesitated to probe … importance for the theory's evolution. …

Irving Fisher's encounter with the Quantity theory of Money began in the 1890s, during the debate about bimetallism … the theory, derived from his recognition of bank deposits as means of exchange, was to treat their out of equilibrium … happening was directly related to his faith in the quantity theory's seeming implication that price level stability in and of …

This paper investigates whether the quantity theory of money is still alive. We demonstrate three insights. First, for …