Quantitative equations and their analytical reach

Luiz Afonso Simoens da Silva ()

Brazilian Journal of Political Economy, 1987, vol. 7, issue 4, 488-509

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.

Keywords: Economic methodology; history of economic thought; velocity of circulation of money (search for similar items in EconPapers)
Date: 1987
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