Article
Velocity and the Variability of Money Growth: Some International Evidence
Economics Letters
Document Type
Article
Language
eng
Format of Original
6 p.
Publication Date
1-1-1988
Publisher
Elsevier
Disciplines
Abstract
Using data from four countries, the paper tests Friedman's hypothesis that the volatility of money growth causes velocity to change. Despite a wide variety of patterns in the movements of velocity in these countries, support is evident for the hypothesis.
Citation Information
Abdur Chowdhury. "Velocity and the Variability of Money Growth: Some International Evidence" Economics Letters (1988) ISSN: 0165-1765 Available at: http://works.bepress.com/abdur_chowdhury/51/
Accepted version.Economics Letters, Vol. 27, No. 4 (1988): 355-360. DOI.Published under Creative Commons license Attribution-NonCommercial-NoDerivatives 4.0 International.