Factors Determining the Income Velocity of Money in a Developing Economy
Format of Original
Taylor & Francis (Routledge)
Applied Economics Letters
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.
Chowdhury, Abdur, "Factors Determining the Income Velocity of Money in a Developing Economy" (1994). Economics Faculty Research and Publications. 252.