Title of article :
Complex Economic Metrics Linking to Scaling Money Supply
Author/Authors :
Ye.، Fred Y نويسنده Zhejiang University, Department of Information Resource Management, Hangzhou, CHINA ,
Issue Information :
فصلنامه با شماره پیاپی سال 2015
Abstract :
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
(?/k) < |M|=| Y/X| < (B+1) is a stable choice to approach optimum quantity of money
supply, where ? indicates the ratio of average price to money velocity, k denotes money
multiplier and B is capital/income ratio.
Journal title :
Euro-Asian Journal of Economics and Finance
Journal title :
Euro-Asian Journal of Economics and Finance