ON MATHEMATICAL MODELING OF MONEY MARKET
- Authors: Grodsky V.S.1
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Affiliations:
- the Dept. of Economy of the City and Municipal Management, Samara State University, Samara, 443011, Russian Federation.
- Issue: Vol 18, No 3/2 (2012)
- Pages: 53-60
- Section: Articles
- URL: https://journals.ssau.ru/hpp/article/view/3200
- DOI: https://doi.org/10.18287/2542-0445-2012-18-3/2-53-60
- ID: 3200
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Abstract
A brief background and criticism of modern economic quantity theory of money is given. A new complete model that relates the money stock to money-flows and a lending money model is suggested.
About the authors
V. S. Grodsky
the Dept. of Economy of the City and Municipal Management, Samara State University, Samara, 443011, Russian Federation.
Author for correspondence.
Email: morenov.sv@ssau.ru
ORCID iD: 0000-0002-1825-0097