1.   But the prolonged depression of the inter-war period upset this relationship, causing the quantity theory to fall into disrepute.

2.   Having accepted the empirical validity of the crudest form of the quantity theory of money, agents search for a policy rule which determines changes in the money stock.

3.   Enter the quantity theory of money in its simplest guise.

4.   A simple illustration of the controversy over the effects of monetary policy on aggregate demand is provided by the quantity theory of money.

5.   This chapter starts with a discussion of the quantity theory of money, setting out first the Fisher version and secondly, the Cambridge cash-balance version.

6.   As an identity, the quantity theory is no more than a way of calculating the velocity of circulation.

7.   According to the quantity theory, money is held only for the purpose of making payments for current transactions.