Title

Velocity and the Variability of Money Growth: Some International Evidence

Document Type

Article

Language

eng

Format of Original

6 p.

Publication Date

1988

Publisher

Elsevier

Source Publication

Economics Letters

Source ISSN

0165-1765

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.

Comments

Accepted version.Economics Letters, Vol. 27, No. 4 (1988): 355-360. DOI.Published under Creative Commons license Attribution-NonCommercial-NoDerivatives 4.0 International.

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