قياس سرعة تداول الدينار الأردني و محدداتها للفترة 1967-2012

الملخص EN

The study aimed to measure the velocity of the Jordanian dinar and the factors influencing them for the period 1976-2012, by using multiple regression liner model to test the factors that are affecting on the velocity of dinar.

The velocity of money rate in Jordan is measured by dividing national income over supply of money.

Monetary indications have shown that the velocity of money rate in Jordan was limited during 1967-1995, but began to increase in during 1997-2004.

The maximum rate reached 3.5 in 1998 and the minimum rate 2.5 in 2004.

It is also observed that there is a positive effect of per capita income, the number of banks branches, and interest rate on the rate velocity of money during 1967-2012.

However, the findings of the study have not shown any clear effect of inflation on velocity of dinar.

This situation will not cause any problem to monetary policy and will enable the central bank to issue new currency in order to affect national production and aggregate demand positively.