ON MATHEMATICAL MODELING OF MONEY MARKET

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

References

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Copyright (c) 2012 Grodsky V.S.

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