In the present study, quarterly money plus quasi money data of India for the time period 1975-2015 is broken down by time arrangement strategies. In the study the model for M is established to be ARIMA(1, 1, 1). From the forecast obtainable by using the model, it could be observed that...

This paper provides the most fully comprehensive evidence to date on whether or not monetary aggregates are valuable for forecasting US inflation in the early to mid 2000s. We explore a wide range of different definitions of money, including different methods of aggregation and different...

The quantity equation is a well-established, theoretic, long-run concept that has been criticized for a variety of reasons, i.e., that no precise statements about causality or dynamics between money growth and inflation can be inferred from its components. These shortcomings can be tackled by...