Monetary Policy and Inflation Quantity Theory of Money

This book builds upon a long-accepted tradition of quantity theory of money in explaining long run inflation levels. It elucidates how and why - despite its important limitations - the theory can be applied throughout history, including the 2022 spikes in inflation.

About the author

Mateusz Machaj is a Researcher at the University of New York in Prague and an Associate Professor at the Institute of Economic Sciences, University of Wroclaw, Poland.

Product details

• Authors: Mateusz Machaj
• Publisher: Taylor & Francis Ltd.
• Content: Book
• Product form: Paperback / Softback
• Publication date: 27.06.2025
• Subject: Social sciences, law, business > Business > Miscellaneous
• EAN: 9781032558509
• ISBN: 978-1-0-3255850-9
• Pages: 62
• Series: Routledge Focus on Economics and Finance
• Subjects: Business & Economics / General, BUSINESS & ECONOMICS / Economics / General, BUSINESS & ECONOMICS / Money & Monetary Policy, BUSINESS & ECONOMICS / Economics / Theory, Economic theory & philosophy, International Economics, Political Economy, Monetary Economics, Economics of industrial organisation, International Finance, BUSINESS & ECONOMICS / International / Economics & Trade, Economic theory and philosophy, Economics of industrial organization, Monetary Transmission, Macroeconomic Modelling, macroeconomic theory, inflation measurement, policy effectiveness, central bank operations, empirical analysis of inflation causality