Fisher's equation of exchange
GPTKB entity
Statements (19)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
economic equation
|
| gptkbp:alsoKnownAs |
quantity theory of money equation
|
| gptkbp:assumes |
T is stable in the short run
velocity of money is constant in the short run |
| gptkbp:describes |
relationship between money supply and price level
|
| gptkbp:expressedIn |
MV = PT
|
| gptkbp:field |
macroeconomics
|
| gptkbp:formedBy |
gptkb:Irving_Fisher
|
| https://www.w3.org/2000/01/rdf-schema#label |
Fisher's equation of exchange
|
| gptkbp:introducedIn |
1911
|
| gptkbp:PP |
price level
|
| gptkbp:publishedIn |
gptkb:The_Purchasing_Power_of_Money
|
| gptkbp:TDP |
volume of transactions
|
| gptkbp:usedFor |
monetary policy analysis
analyzing inflation |
| gptkbp:via |
velocity of money
|
| gptkbp:מטה |
money supply
|
| gptkbp:bfsParent |
gptkb:Irving_Fisher
|
| gptkbp:bfsLayer |
5
|