IMF Staff papers : Volume 18 No. 3.

This paper discusses the implications for credit policy of changes in the income velocity of money; it neglects other policy elements of financial programs unless they have a direct bearing on velocity changes. Control over credit expansion by domestic banks is used to influence expenditure decision...

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Bibliographic Details
Corporate Author: International Monetary Fund. Research Dept
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1971.
Series:IMF Staff Papers; IMF Staff Papers ; No. 1971/003
Online Access:Full text available on IMF