It is clear from these different scientific studies that economists are still a ways from achieving a consensus within the determinants of velocity. Nevertheless, the studies suggest that the velocity notion proceeds to preoccupy a lot of economists and that significant progress has been created

The mixture of regulation, tailor made, and logic that creates a viable monetary procedure is adequately delicate that it is incredibly tough to develop official designs that adequately replicate the various features of money and around monies. The phrase “in close proximity to money&rdquo

Cyclically, all velocity measures tend to increase during basic business expansions and tumble in the course of contractions, with peaks and troughs in velocity coinciding with business cycle peaks and troughs. Cyclical amplitudes, interpreted as deviations from secular trends, are substantially

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