Krušković, Borivoje D.; Maričić, Tina - In: Journal of Central Banking Theory and Practice 4 (2015) 3, pp. 137-146
In this paper we test the existence of long-term relationship between money supply and inflation, money supply and GDP … the explanatory variable, while inflation, GDP and unemployment rates occur as dependent variables. The sample consists of … empirical analysis in this paper show that there is no significant long-term relationship between inflation and money supply …