“interest-elasticity of the demand for money”的概念、定义、翻译、参考文献-科学参考

interest-elasticity of the demand for money

Economics

The proportional change in the quantity of money demanded divided by the proportional change in interest rate. This is a measure of the responsiveness of the demand for money to changes in interest rates. A minus sign is typically inserted into the definition to make the elasticity a positive number. The elasticity, ε‎, is given by

$ε = - (\frac{d M}{M}) / (\frac{d i}{i}) = - (\frac{i}{M}) (\frac{d M}{d i})$

where M is the demand for money and i is the interest rate.

单词	interest-elasticity of the demand for money
释义	interest-elasticity of the demand for money Economics The proportional change in the quantity of money demanded divided by the proportional change in interest rate. This is a measure of the responsiveness of the demand for money to changes in interest rates. A minus sign is typically inserted into the definition to make the elasticity a positive number. The elasticity, ε‎, is given by $ε = - (\frac{d M}{M}) / (\frac{d i}{i}) = - (\frac{i}{M}) (\frac{d M}{d i})$ where M is the demand for money and i is the interest rate.
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