Ijccr-2013-Groppa - Complementary Currency and Its Impact on the Economy

8/13/2019 Ijccr-2013-Groppa - Complementary Currency and Its Impact on the Economy

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Percen-tiles

Originalamount

Multipliedamount Multiplier

Transac-tions

Duration(days)

1% 0.4 0.4 1 1 0

5% 1.1 1.2 1 1 21

10% 2.0 2.3 1 1 53

25% 6.4 8.4 1 1 131

50% 28.2 49.5 1 1 317

75% 99.2 384.9 2.1 2 596.5

90% 280.5 11,443.6 131.5 243.5 820

95% 470.1 25,956.2 424.2 542.5 940

99% 1,478.4 73,136.8 3,482 1,406 1,151

Mean 119.1 4,352.7 191.5 88.2 386.3Std.Dev. 342.7 16,454.3 2,410 313.1 294

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INTERNATIONAL J OURNAL OFC OMMUNITYC URRENCYRESEARCH2013 V OLUME17 (A) 45-57 GROPPA

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Table 3. Salvadorian Economy: spending multiplier esti-mates


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INTERNATIONAL J OURNAL OFC OMMUNITYC URRENCYRESEARCH2013 V OLUME17 (A) 45-57 GROPPA

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Ijccr-2013-Groppa - Complementary Currency and Its Impact on the Economy

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