MONEY GROWTH AND INFLATION DYNAMICS

被引：0

作者：

GERLACH, S

机构：

[1] Brandeis University, Waltham

来源：

ECONOMICS LETTERS | 1990年 / 32卷 / 02期

关键词：

D O I：

10.1016/0165-1765(90)90065-9

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper shows that the inflation rate overreacts to changes in the money growth rate if (i) the rate and the volatility of money growth are related, and (ii) the unpredictability of inflation reduces the demand for money. © 1990.

引用

页码：133 / 135

页数：3

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