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Quantitative equations and their analytical reach

Author

Listed:
  • Luiz Afonso Simoens da Silva

Abstract

This article presents a review of literature and debates on quantity equationsand monetary theory. It follows the outlines of a general critique on the concept of velocityof circulation of money and the inconsistency of the neoclassical assumptions. And itends up by concluding that quantity equations are not important to the development of amonetary theory. JEL Classification: B22; B41.

Suggested Citation

  • Luiz Afonso Simoens da Silva, 1987. "Quantitative equations and their analytical reach," Brazilian Journal of Political Economy, Center of Political Economy, vol. 7(4), pages 488-509.
    • Handle: RePEc:ekm:repojs:v:7:y:1987:i:4:p:488-509:id:1665
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    File URL: https://centrodeeconomiapolitica.org/repojs/index.php/journal/article/view/1665/1651
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    More about this item

    Keywords

    Economic methodology; history of economic thought; velocity of circulation of money;
    All these keywords.

    JEL classification:

    • B22 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Macroeconomics
    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology

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