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- W2014150892 abstract "The standard input–output relationships are complemented by monetary stock-flow data. The flow of money is described as a Markov chain. Its ergodic state is equivalent to the economic equilibrium. The definition of the latter requires thus neither labour-theoretic nor marginalist assumptions. The Fisher equation for the velocity of money circulation can be expressed in this input–output context. The average velocity and its dispersion are then determined. The theorems are illustrated on a 5×5 sector Hungarian matrix." @default.
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- W2014150892 title "Money-flow Computations" @default.
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- W2014150892 doi "https://doi.org/10.1080/09535319300000019" @default.
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