Since 2014
Money, liquid assets, velocity and monetary policy
PSL Quarterly Review
View Archive Info| Field | Value | |
| Title |
Money, liquid assets, velocity and monetary policy
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| Creator |
GARVY, G.
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| Subject |
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Liquid assets, GNP, velocity of money, US, monetary policy E40, E50, E52 |
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| Description |
The present article analyses the significance of the rise in liquid assets in relation to GNP, the related increase in the velocity of money and the declining role of money as a financial asset in the U.S. economy. Moreover, the significance of these developments for monetary policy is considered. The author argues that far from being inimical to the execution of monetary policy, changes in velocity are actually another aspect of the system of checks and balances that characterize the operations of the economic system.
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| Publisher |
Economia civile
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| Contributor |
—
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| Date |
2014-02-24
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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| Format |
application/pdf
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| Identifier |
http://annalidibotanica.uniroma1.it/index.php/PSLQuarterlyReview/article/view/11683
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| Source |
PSL Quarterly Review; Vol 17, No 71 (1964)
PSL Quarterly Review; Vol 17, No 71 (1964) 2037-3643 ISSN 2037-3635 |
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| Language |
eng
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| Relation |
http://annalidibotanica.uniroma1.it/index.php/PSLQuarterlyReview/article/view/11683/11540
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| Rights |
Copyright (c) 2016 G. GARVY
http://creativecommons.org/licenses/by-nc-nd/4.0 |
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