We build a statistical ensemble representation of an economic system which can be interpreted as a simplified credit market. To this purpose we adopt the Boltzmann-Gibbs distribution where the role of the Hamiltonian , as recently suggested in the literature, is taken by the total money supply (i.e. including money created from debt) of a set of economic agents interacting over the credit market . As a result, we can read the main thermodynamic quantities in terms of monetary ones.  Furthermore, with our formalism we recover and extend some results concerning the temperature of an economic system, previously presented in the literature by considering only the monetary base as conserved quantity. Finally  we study the statistical ensemble for the Pareto distribution.
We build a statistical ensemble representation of two economic models describing respectively, in simplified terms, a payment system and a credit market. To this purpose we adopt the Boltzmann-Gibbs distribution where the role of the Hamiltonian is taken by the total money supply (i.e. including money created from debt) of a set of interacting economic agents . As a result, we can read the main thermodynamic quantities in terms of monetary ones. In particular, we define for the credit market model a work term which is related to the impact of monetary policy on credit creation. Furthermore, with our formalism we recover and extend some results concerning the temperature of an economic system, previously presented in the literature by considering only the monetary base as conserved quantity. Finally , we study the statistical ensemble for the Pareto distribution.
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an economic system which can be interpreted as a simplified
two economic models describing respectively, in simplified terms, a payment system and a
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, as recently suggested in the literature,
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economic agents interacting over the credit market
interacting economic agents
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In particular, we define for the credit market model a work term which is related to the impact of monetary policy on credit creation.
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,