Factors Determining the Income Velocity of Money in a Developing Economy

Document Type

Article

Language

eng

Format of Original

5 p.

Publication Date

4-1994

Publisher

Taylor & Francis (Routledge)

Source Publication

Applied Economics Letters

Source ISSN

1350-4851

Abstract

This paper investigates the influence of different factors on income velocity of money in 23 developing countries for the 1955–88 period. The results show that inflationary expectation raises income velocity in an agricultural developing economy.

Comments

Applied Economics Letters, Vol.1, No. 4 (April 1994): 58-62. DOI.

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