Are Money Growth and Inflation Still Related?

Inflation Determinants in Low and High Frequencies: An Implication of Spectral Analysis to Iran

There is no evidence that previous studies, available to Iran’s inflation literature, have used spectral methodology to analyze a possible relationship between inflation and its main determinants within a specific period. Accordingly, the present study investigates the effects of money growth, real output growth, output gap and interest rate changes on inflation at low and high frequencies...

Non-Linear Inflationary Dynamics based on the Concept of Missing Money in Iran

In this research, non-linear inflationary dynamics based on the concept of missing money is studied using the threshold autoregressive models based on seasonal data of the time interval (1990:04-2016:07) for the economy of Iran. The finding of the research shows that simple and Divisia liquidity growth variables are determined as threshold variables, and inflation reacts to changes in the growt...

Investigating the Relationship between Money Growth and Inflation in Turkey: A Nonlinear Causality Approach

Theories on the relationship between money and inflation had largely been shaped around the positive relationship and money causality for inflation before the Post-Keynesians. Since the 1980s, this idea emerged that there might be no correlation between money growth and inflation. In the case of existence, the causality is reversed, so money is endogenous somehow. However, practically there is ...

An Analysis of the Relationship between Monetary-Exchange Rate Policies and the public Debt and Theirs Effects on Inflation and Economic Growth in Iran

 Governments attempt to achieve the goals of low inflation rate and sustainable economic growth rate. The objective of this study is to analyze the roles of determinants such as the liquidity of money, weighted average of interest (profit) rate on banking deposits, exchange rate and the public debt on inflation and economic growth in Iran, using the quarterly data during the period of 1989-2008...

Inflation and Money supply growth in Iran: Empirical Evidences from Cointegration and Causality

Does U.S. Money Growth Determine Money Growth in Other Nations?

HE money-inflation relationship has been examined extensively for avariety of economies resulting in a consensus that money growth has had a significant and positive impact on inflation.’ A related, but little studied issue, is the relationship between money growth rates across countries. This issue is important for assessing the extent to which inflation pressures have been transmitted froni c...