We are not dead . . . - The quantitative theory and the relation between money and inflation

Author	dc.contributor.author	Chumacero Escudero, Rómulo	es_CL
Author	dc.contributor.author	Hermann Anguita, Jorge	es_CL
Admission date	dc.date.accessioned	2008-05-14T13:59:52Z
Available date	dc.date.available	2008-05-14T13:59:52Z
Publication date	dc.date.issued	2007	es_CL
Cita de ítem	dc.identifier.citation	TRIMESTRE ECONOMICO Vol. 74 JUL-SEP 2007 295 766-787	es_CL
Identifier	dc.identifier.uri	https://repositorio.uchile.cl/handle/2250/127548
General note	dc.description	Publicación ISI	es_CL
Abstract	dc.description.abstract	This paper presents a robust finding for the relationship between money growth and inflation in Chile: inflation causes (precedes) money and not the other way around. This result holds irrespectively of the way in which monetary policy was conducted, the sample period, the choice of monetary aggregate, the consideration of conditional second moments, or the inclusion of inflation targets. A simple theoretical model is used to motivate why money and inflation are not necessarily correlated.	es_CL
Lenguage	dc.language.iso	es	es_CL
Keywords	dc.subject	EQUILIBRIUM	es_CL
Area Temática	dc.subject.other	Economics	es_CL
Título	dc.title	We are not dead . . . - The quantitative theory and the relation between money and inflation	es_CL
Document type	dc.type	Artículo de revista