The Effects of Disinflationary Policies on Monetary Velocity

Q3 Economics, Econometrics and Finance

Cato Journal Pub Date : 1989-02-01 DOI:10.26509/frbc-wp-198901

W. Gavin, W. DeWald

引用次数: 6

Abstract

A study of the effect of disinflation policies on monetary velocity, which shows a systematic relation between unexpected changes in the money-income relationship and changes in the trends of inflation rates, and which concludes that the failure to commit to a stable price policy tends to destabilize the economy.

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通货紧缩政策对货币流通速度的影响

一项关于反通货膨胀政策对货币流通速度影响的研究，表明货币收入关系的意外变化与通货膨胀率趋势的变化之间存在系统关系，并得出结论，未能致力于稳定的价格政策往往会破坏经济的稳定。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Cato Journal Economics, Econometrics and Finance-Economics, Econometrics and Finance (miscellaneous)

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