Studies in the Quantity Theory of Mone

adjusted analysis average denomination bank deposits bank notes bond yields capital change in prices chervonets circulation coefficient commercial banks commodities computed Confederate confidence intervals cost of holding cost of money decline demand for money demand function deposit turnover determinants of Dm differences divergence dividend yields Economic equation estimates expected rate Federal Reserve figures Germany hand-to-hand currency holding money Hungary Ibid included income velocity increase index of real inflation issued June Lauchlin Currie League of Nations Milton Friedman Monetary Velocity money income money substitutes national income payments pengö percentage period price changes price index price level quantity of money rate of change ratio RATIO SCALE real cash balances real income real value Reichsbank reichsmarks relative result revenue rise in prices rose seven hyperinflations Statistics stock of money Table tion transactions United variables velocity of money Warburton wealth wholesale-price index yield on money