1 citations · 2 across the 4 of their papers we have counts for
5 papers
On the nature of monetary and price inflation and hyperinflation
Laurence Francis Lacey
Monetary inflation is a sustained increase in the money supply than can result in price inflation, which is a rise in the general level of prices of goods and services. The objecti…
Characterization of the probability and information entropy of a process with an increasing sample space by different functional forms of expansion, with an application to hyperinflation
Laurence Francis Lacey
There is a random variable (X) with a determined outcome (i.e., X = x0), p(x0) = 1. Consider x0 to have a discrete uniform distribution over the integer interval [1, s], where the…
The relationship between the US broad money supply and US GDP for the time period 2001 to 2019 with that of the corresponding time series for US national property and stock market indices, using an information entropy methodology
Laurence Lacey
The primary objective of this paper was to investigate whether the growth in the major US asset indices could be a function of the US broad money supply and/or US GDP, over the tim…
On the nature of time in time-dependent expansionary processes
Laurence Lacey
For an expansionary process, the size of the expansion space will increase. If the expansionary process is time-dependent, time (t) will increase as a function of the increase in t…
Characterization of the probability and information entropy of a process with an exponentially increasing sample space and its application to the Broad Money Supply
Laurence F Lacey
There is a random variable (X) with a determined outcome (i.e., X = x0), p(x0) = 1. Consider x0 to have a discrete uniform distribution over the integer interval [1, s], where the…