Complex Economic Metrics Linking to Scaling Money Supply
Euro-Asian Journal of Economics and Finance
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Title |
Complex Economic Metrics Linking to Scaling Money Supply
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Creator |
Ye, Fred Y.
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Subject |
Complex economics; complex metrics; economic metrics; money supply; money demand
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Description |
It is concluded that there a simple solution for scaling money supply, with using complex economic metrics. When X marks commodity function and Y money function and Y=kB where B is high energy money and k money multiplier, it is found that the (γ/k)<|M|=|Y/X|<(β+1) is a stable choice to approach optimum quantity of money supply, where γ indicates the ratio of average price to money velocity, k denotes money multiplier and β is capital/income ratio.
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Publisher |
Academy of Business & Scientific Research
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Date |
2015-07-12
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
http://absronline.org/journals/index.php/eajef/article/view/529
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Source |
Euro-Asian Journal of Economics and Finance; Vol 3 No 3 (2015): July; 188-194
2310-4929 2310-0184 |
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Language |
eng
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Relation |
http://absronline.org/journals/index.php/eajef/article/view/529/550
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Rights |
Copyright (c) 2015 Euro-Asian Journal of Economics and Finance
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