search query: @author Morrell, J. / total: 3
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| Author: | Morrell, J. |
| Title: | Whatever happened to velocity? |
| Journal: | Royal Bank of Scotland Review
1987 : MAR, 153, p. 25-35 |
| Index terms: | MONETARY POLICY INFLATION |
| Language: | eng |
| Abstract: | An examination of monetary developments and turning points in interest rates, inflation and velocity, and assessing its current implication in relation to reducing inflation. The link between money and inflation. The monetary explanations of inflation. Estimating the velocity of circulation and difficulties in assessing value of the gross domestic product. The empirical evidence and rise in velocity. An alternative measure of money and velocity. Two charts illustrate velocity and interest rates. |
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