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Testing the Validity of the Quantity Theory of Money on Sectoral Data: Non-Linear Evidence from South Africa

Purpose: The purpose of this study is to test the validity of the quantity theory of money (QTM) on South African sectoral data. The rationale of this study and its necessity for South Africa as the case study is that, although aggregate inflation may lie within the target range, inflation at a sect...

Ausführliche Beschreibung

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Bibliografische Detailangaben
Hauptverfasser: Siyabonga Mndebele, Devi Datt Tewari, Kehinde Damilola Ilesanmi
Format: Artigo
Sprache:Inglês
Veröffentlicht: MDPI AG 2023-02-01
Schriftenreihe:Economies
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Online-Zugang:https://www.mdpi.com/2227-7099/11/2/71
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