Most macroeconomic models, such as the IS-LM, assume equilibrium in money markets. Since money demand is an inverse function of velocity, an inaccurate estimate of velocity will lead to errors in calculating the monetary and general equilibria. This note suggests a way to gauge the potential error in estimating velocity. The algorithm arises from the quantity equation of exchange, which one may prefer to an ad hoc model of velocity
We construct a dynamic search model to examine the behavior of velocity. The prominent feature of th...
This study explores the linkages between velocity of money and economic growth in Sudan using conite...
The velocity of money circulation can vary with (1) the shift of money between active and idle purpo...
Most macroeconomic models, such as the IS-LM, assume equilibrium in money markets. Since money dema...
U.S. velocity of base money exhibits three distinct trends since 1950. After rising steadily for thi...
This paper presents a general equilibrium model of money demand where the velocity of money changes ...
The equation of exchange is derived from a standpoint encompassing the physics and economics thereof...
Since World War II, permanent interest rate shocks have driven nearly all of the fluctuations of U.S...
AbstractIn this paper we present the relation between Keynesian multiplier and the velocity of money...
The equation of exchange is not in itself a theory of the demand for money. It can be argued that it...
This paper re-examines the Friedman hypothesis that uncertainty about the future course of money sup...
This paper presents a general equilibrium model of money demand where the velocity of money changes ...
This paper develops a demographic model of the currency population by examining the birth and death ...
The equation of exchange is well-known as a quantitative expression of money circulation, but it has...
Monitoring the money supply is an important prerequisite for conducting sound monetary policy, yet m...
We construct a dynamic search model to examine the behavior of velocity. The prominent feature of th...
This study explores the linkages between velocity of money and economic growth in Sudan using conite...
The velocity of money circulation can vary with (1) the shift of money between active and idle purpo...
Most macroeconomic models, such as the IS-LM, assume equilibrium in money markets. Since money dema...
U.S. velocity of base money exhibits three distinct trends since 1950. After rising steadily for thi...
This paper presents a general equilibrium model of money demand where the velocity of money changes ...
The equation of exchange is derived from a standpoint encompassing the physics and economics thereof...
Since World War II, permanent interest rate shocks have driven nearly all of the fluctuations of U.S...
AbstractIn this paper we present the relation between Keynesian multiplier and the velocity of money...
The equation of exchange is not in itself a theory of the demand for money. It can be argued that it...
This paper re-examines the Friedman hypothesis that uncertainty about the future course of money sup...
This paper presents a general equilibrium model of money demand where the velocity of money changes ...
This paper develops a demographic model of the currency population by examining the birth and death ...
The equation of exchange is well-known as a quantitative expression of money circulation, but it has...
Monitoring the money supply is an important prerequisite for conducting sound monetary policy, yet m...
We construct a dynamic search model to examine the behavior of velocity. The prominent feature of th...
This study explores the linkages between velocity of money and economic growth in Sudan using conite...
The velocity of money circulation can vary with (1) the shift of money between active and idle purpo...