Money Growth and Its Implications for Output and Inflation

from The Week That Was in Europe · host Klaus Adam & Dirk Schumacher

We discuss what one can learn from the ongoing contraction in Euro Area money growth for output growth and inflation going forward. We discuss the various interpretations of the quantity theory of money and then analyze to what extent the resulting implications are born out by the data.

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This episode is 22 minutes long.

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This episode was published on April 28, 2023.

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