The Cycle of Money - Minimum Escape Savings and Financial Liquidity
Constantinos Challoumis
Abstract:This paper discusses the velocities of the minimum escape savings and financial liquidity. This means that it examined the behavior of the money cycle under normal conditions while controlling for the velocity of minimum escape savings and the velocity of financial liquidity. Therefore, it has determined how the economy works based on its cycle of money. Escape savings are the savings that leave the economy. The minimum escape savings simultaneously enhance the enforcement savings, leading them to their maximu… Show more
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