Nachane, D.M.; Dubey, Amlendu Kumar - In: Economic Modelling 28 (2011) 3, pp. 859-869
The recent de-emphasizing of the role of "money" in both theoretical macroeconomics as well as in the practical conduct of monetary policy sits uneasily with the idea that inflation is a monetary phenomenon. Empirical evidence has, however, been accumulating pointing to an important leading...