Testing monetarism /

Desai, Meghnad.

Testing monetarism / Meghnad Desai. - London : Bloomsbury, 2013. - 1 online resource (viii, 246 pages) - Bloomsbury Academic collections : economics . - Bloomsbury academic collections. Economics. .

Reprint. Originally published in 1981 by Frances Pinter (Publishers) Limited.

Includes bibliographical references and index.

Introduction -- 1. The Quantity Theory of Money -- 2. From the Quantity Theory to Monetarism -- 3. The Methodology of Testing Economic Theories -- 4. The Evidence on Monetarist Claims -- 5. Has Monetarism Failed? -- Bibliography -- Index

"Testing Monetarism pursues the complex question of the nature of the controversy surrounding monetarist theory and evidence, and the reasons for the persistence of this controversy. The theory of monetarism is examined in its old guise as the Quantity Theory of Money, and subsequent chapters look at the evolution of the theory to its present form in the period since the 1950's, and Desai weaves together issues of theory with those of econometric evidence. He looks in turn at major predictions of monetarism, critically examining the claims made in the literature in the light of his discussion of the methodology of testing theories and highlights flaws in the empirical data surrounding monetarism."--Bloomsbury Publishing

9781472553836 (electronic bk.) 1472553837 (electronic bk.) 9781472508362 (electronic bk.) 147250836X (electronic bk.) 1472514068 9781472514066 (print ed.)

10.5040/9781472553836 doi

1001043 MIL

GBB988271 bnb

019391816 Uk


Money--Mathematical models.
Monetary policy--Mathematical models.
Politique monétaire--Modèles mathématiques.
BUSINESS & ECONOMICS--Finance.
Monetary policy--Mathematical models.
Money--Mathematical models.


Electronic books.
Electronic books.

HB75 / .D47 2013

332.4/6/0724

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