Money creation process in a random redistribution model

被引:5
作者
Chen, Siyan [1 ,2 ]
Wang, Yougui [1 ]
Li, Keqiang [1 ]
Wu, Jinshan [1 ]
机构
[1] Beijing Normal Univ, Sch Syst Sci, Beijing 100875, Peoples R China
[2] Shantou Univ, Sch Business, Shantou 515063, Guangdong, Peoples R China
基金
中国国家自然科学基金;
关键词
Money creation; Random exchange model; Diffusion process; Econophysics; STATISTICAL-MECHANICS; LAW; WEALTH; INCOME; DISTRIBUTIONS; FLUCTUATIONS; VELOCITY; GROWTH;
D O I
10.1016/j.physa.2013.09.036
中图分类号
O4 [物理学];
学科分类号
0702 ;
摘要
In this paper, the dynamical process of money creation in a random exchange model with debt is investigated. The money creation kinetics are analyzed by both the money-transfer matrix method and the diffusion method. From both approaches, we attain the same conclusion: the source of money creation in the case of random exchange is the agents with neither money nor debt. These analytical results are demonstrated by computer simulations. (C) 2013 Elsevier B.V. All rights reserved.
引用
收藏
页码:217 / 225
页数:9
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