TY - JOUR AU - Bijan Bidabad PY - 2019/06/06 Y2 - 2024/03/28 TI - Money-Transaction-Income Process: Quantification of Quantity Theory of Money JF - Australian Finance & Banking Review JA - afbr VL - 3 IS - 1 SE - Original Articles/Short Communications DO - 10.46281/afbr.v3i1.300 UR - https://www.cribfb.com/journal/index.php/afbr/article/view/300 AB - In this paper, we try to establish the relationship between money and income via transaction. In this regard, we use different processes of value-added production in the economy to find this lost chain in literature. According to our findings, we reformulate and generalize the quantity theory of money. Our empirical investigations confirm our model formulations. ER -