{
  "annotation_id": "53f36697-fcf2-40f2-ba9d-4843d9a0abca",
  "date_created": "2026-03-02T18:01:00.646000Z",
  "date_modified": "2026-03-02T18:01:00.646000Z",
  "file_hash": "af16e03cfccb0d35c416762b1d3599bf5dca89676df5862e8690277a501b655e",
  "private": false,
  "record": {
    "abstract": "In this paper the dependence of wealth distribution and the velocity of money\non the required reserve ratio is examined based on a random transfer model of\nmoney and computer simulations. A fractional reserve banking system is\nintroduced to the model where money creation can be achieved by bank loans and\nthe monetary aggregate is determined by the monetary base and the required\nreserve ratio. It is shown that monetary wealth follows asymmetric Laplace\ndistribution and latency time of money follows exponential distribution. The\nexpression of monetary wealth distribution and that of the velocity of money in\nterms of the required reserve ratio are presented in a good agreement with\nsimulation results.",
    "arxiv_id": "physics/0507160",
    "authors": [
      "Ning Xi",
      "Ning Ding",
      "Yougui Wang"
    ],
    "categories": [
      "physics.soc-ph",
      "cond-mat.stat-mech",
      "q-fin.GN"
    ],
    "doi": "10.1016/j.physa.2005.04.014",
    "title": "How Required Reserve Ratio Affects Distribution and Velocity of Money",
    "url": "https://arxiv.org/abs/physics/0507160"
  },
  "schema_id": "dorsal/arxiv",
  "source": {
    "execution_id": "66b23f00-b6e2-48b0-83cc-cf4dca38d735",
    "id": "arXiv Dataset IDs",
    "type": "Model",
    "variant": "snapshot-2026-03-01",
    "version": "0.1.0"
  },
  "user_id": 1000002
}