Artikel
The Equation of Exchange Revisited
The Equation of Exchange Revisited The article presents a more general version of the equation of exchange providing separately for a financial turnover of money as well as a corresponding financial velocity of money. This sheds a special theoretical light on the easy monetary policy implemented by the Federal Reserve between 2001 and 2004 and the enlargement of the financial sphere in the United States, which persisted until the recent financial crisis broke out – to become an international economic crisis in due course. (JEL E40, E52, G01, N12)
- Language
-
Englisch
- Bibliographic citation
-
Journal: Kredit und Kapital ; ISSN: 1865-5734 ; Volume: 44 ; Year: 2011 ; Issue: 4 ; Pages: 491-507
- Classification
-
Wirtschaft
Money and Interest Rates: General
Monetary Policy
Financial Crises
Economic History: Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations: U.S.; Canada: 1913-
- Event
-
Geistige Schöpfung
- (who)
-
Kaiser, Dirk
- Event
-
Veröffentlichung
- (who)
-
Duncker & Humblot
- (where)
-
Berlin
- (when)
-
2011
- DOI
-
doi:10.3790/kuk.44.4.491
- Last update
-
10.03.2025, 11:41 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Kaiser, Dirk
- Duncker & Humblot
Time of origin
- 2011
Other Objects (12)
On Exchange Rate Dynamics
The product-cyecle revisited: Some extensions and clarifications
Homogenous Social Groups Facilitate Exchange
Equilibrium and Disequilibrium Exchange Rates
Real Exchange Rate Fluctuations in a Small Open Economy Under Fixed and Flexible Exchange Rates
Measuring Exchange Rate Smoothness across Regimes
Exchange Rate Flexibility and Currency Areas
From "Usury" to "Financial Alchemy:" Martin Luther's Economic Writings Revisited
Capital Adequacy and Foreign Exchange Risk Regulation
Real Exchange Rates, Structural Reforms and Monetary Union
On Passive Money, Exchange Rates and Monetary Leadership
Swedish Youth Labour Market Policies Revisited
On Exchange Rate Dynamics
The product-cyecle revisited: Some extensions and clarifications
Homogenous Social Groups Facilitate Exchange
Equilibrium and Disequilibrium Exchange Rates
Real Exchange Rate Fluctuations in a Small Open Economy Under Fixed and Flexible Exchange Rates
Measuring Exchange Rate Smoothness across Regimes
Exchange Rate Flexibility and Currency Areas
From "Usury" to "Financial Alchemy:" Martin Luther's Economic Writings Revisited
Capital Adequacy and Foreign Exchange Risk Regulation
Real Exchange Rates, Structural Reforms and Monetary Union
On Passive Money, Exchange Rates and Monetary Leadership
Swedish Youth Labour Market Policies Revisited
On Exchange Rate Dynamics
The product-cyecle revisited: Some extensions and clarifications
Homogenous Social Groups Facilitate Exchange
Equilibrium and Disequilibrium Exchange Rates
Real Exchange Rate Fluctuations in a Small Open Economy Under Fixed and Flexible Exchange Rates
Measuring Exchange Rate Smoothness across Regimes
Exchange Rate Flexibility and Currency Areas
From "Usury" to "Financial Alchemy:" Martin Luther's Economic Writings Revisited
Capital Adequacy and Foreign Exchange Risk Regulation
Real Exchange Rates, Structural Reforms and Monetary Union
On Passive Money, Exchange Rates and Monetary Leadership