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A Practical Method Of Estimating The Velocity Of Circulation Of Money
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Book Synopsis A practical method of estimating the velocity of circulation of money by : Irving Fisher
Download or read book A practical method of estimating the velocity of circulation of money written by Irving Fisher and published by . This book was released on 1909 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis A Practical Method of Estimating the Velocity of Circulation of Money ... by : Irving Fisher
Download or read book A Practical Method of Estimating the Velocity of Circulation of Money ... written by Irving Fisher and published by . This book was released on 1909 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Demand for Money written by Lars Jonung and published by Routledge. This book was released on 2018-02-06 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: The income velocity of money-an inverse measure of the demand for money balances-is the ratio of the money value of income to the average money stock that the public (excluding banks) holds in a given period. Why the magnitude of that ratio has changed over time is the subject of Michael D. Bordo and Lars Jonung's classic study, originally published as The Long-Run Behavior of the Velocity of Circulation. Supported by statistical data, econometric estimation techniques, and meticulous historical analysis, this work describes, in an international setting, how slow-moving economic, social, and political forces interact with the decisions households and firms make about how much money to hold. Annual time series of velocity for several countries from the late nineteenth century to the late twentieth century display a U-shaped pattern. Existing theories can explain each section of the velocity curve-the falling, flat, and rising parts-but the overall pattern is not consistent with any one theory. Here the authors put forth a comprehensive explanation for this behavior over time. Their theory is largely an extension of the approach of Knut Wicksell, the Swedish economist who stressed the role of substitution between monetary assets. This approach, which emphasizes institutional variables, is incorporated into the arguments for the traditional long-run money demand (velocity) function. Four types of empirical evidence strongly support the authors' theory: econometric studies of the long-run velocity function for several countries; a cross section study of approximately eighty countries in the postwar period; a case study of the Swedish monetization process in the fifty years before World War I; and an examination of the time series properties of velocity. Demand for Money suggests that institutional factors, as opposed to real income, play a greater role in velocity than previously thought. And these institutional factors have a major impact on monetary policy. This is a book that will prove of great value to economists, monetary strategists, and policymakers.
Book Synopsis Professor Fisher's Formula for Estimating the Velocity of the Circulation of Money ... by : David Kinley
Download or read book Professor Fisher's Formula for Estimating the Velocity of the Circulation of Money ... written by David Kinley and published by . This book was released on 1910 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Journal of the Royal Statistical Society by : Royal Statistical Society (Great Britain)
Download or read book Journal of the Royal Statistical Society written by Royal Statistical Society (Great Britain) and published by . This book was released on 1909 with total page 932 pages. Available in PDF, EPUB and Kindle. Book excerpt: Published papers whose appeal lies in their subject-matter rather than their technical statistical contents. Medical, social, educational, legal,demographic and governmental issues are of particular concern.
Book Synopsis Professor Fisher's Formual for Estimating the Velocity of the Circulation of Money ... by : David Kinley
Download or read book Professor Fisher's Formual for Estimating the Velocity of the Circulation of Money ... written by David Kinley and published by . This book was released on 1910 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Journal of the Statistical Society of London by :
Download or read book Journal of the Statistical Society of London written by and published by . This book was released on 1909 with total page 922 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Purchasing Power of Money by : Irving Fisher
Download or read book The Purchasing Power of Money written by Irving Fisher and published by . This book was released on 1911 with total page 558 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Publications of the American Statistical Association by : American Statistical Association
Download or read book Publications of the American Statistical Association written by American Statistical Association and published by . This book was released on 1912 with total page 844 pages. Available in PDF, EPUB and Kindle. Book excerpt: A scientific and educational journal not only for professional statisticians but also for economists, business executives, research directors, government officials, university professors, and others who are seriously interested in the application of statistical methods to practical problems, in the development of more useful methods, and in the improvement of basic statistical data.
Download or read book The American Economic Review written by and published by . This book was released on 1911 with total page 1022 pages. Available in PDF, EPUB and Kindle. Book excerpt: Includes papers and proceedings of the annual meeting of the American Economic Association. Covers all areas of economic research.
Download or read book Money written by John Eatwell and published by W. W. Norton & Company. This book was released on 1989 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume follows the course of the debate from the Bullionist Controversy of the Napoleonic period through the perennial arguments over the gold standard to the dispute between Keynesians, monetarist, and 'new classical macroeconomists, ' tracing the evolution of theory and doctrine over nearly 200 years.
Book Synopsis Money as Organization, Gustavo Del Vecchio's Theory by : Gianfranco Tusset
Download or read book Money as Organization, Gustavo Del Vecchio's Theory written by Gianfranco Tusset and published by Routledge. This book was released on 2015-10-06 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: Between 1909-17, Gustavo Del Vecchio developed a ‘theory of circulation’. In a series of articles he set out his thoughts on the utility and value of money, credit, discount rates, banking and international payments. Tusset re-evaluates Del Vecchio’s theory, concluding that money represents a technology which organizes both economy and society.
Download or read book The Athenaeum written by and published by . This book was released on 1909 with total page 828 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Athenaeum by : James Silk Buckingham
Download or read book The Athenaeum written by James Silk Buckingham and published by . This book was released on 1909 with total page 832 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Present Chaos in Monetary Standards and how to Deal with it by : Irving Fisher
Download or read book The Present Chaos in Monetary Standards and how to Deal with it written by Irving Fisher and published by . This book was released on 1921 with total page 564 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Athenaeum written by and published by . This book was released on 1909 with total page 832 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Practice of Econometrics by : H. Neudecker
Download or read book The Practice of Econometrics written by H. Neudecker and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the autumn of 1961 Jan Salomon ('Mars') Cramer was appointed to the newly established chair of econometrics at the University of Amsterdam. This volume is published to commemorate this event. It is well-known how much econometrics has developed over the period under consideration, the 25 years that elapsed between 1961 and 1986. This is specifically true for the areas in which Cramer has been actively interested. We mention the theory and measurement of consumer behaviour; money and income; regression, correla tion and forecasting. In the present volume this development will be high lighted. Sixteen contributions have been sollicited from scholars all over the world who have belonged to the circle of academic friends of Cramer for a shorter or longer part of the period of 25 years. The contributions fall broadly speaking into the four areas mentioned above. Theory and measurement of consumer behaviour is represented by four papers, whereas a fifth paper deals with a related area. Richard Blundell and Costas Meghir devote a paper to the estimation of Engel curves. They apply a discrete choice model to British (individual) data from the Family Expenditure Survey 1981. Their aim is to assess the impact of individual characteristics such as income, demographic structure, location, wages and prices on commodity expenditure.