RELATION BETWEEN CONSUMPTION, ASSETS, INCOME EXPECTATIONS

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RELATION BETWEEN CONSUMPTION, ASSETS, INCOME EXPECTATIONS, AND THE LIFE CYCLE OF INCOME

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ACKLEY, Gardner

"The Wealth-Saving Relat ionship ," JOURNAL OF POLITICAL ECONOMY, LIX, Apri l , 1951, pp. 154--161.

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BOULDING, K. E.

"Asset Identities in Economic Models," in STUDIES IN INCOME AND WEALTH, Vol. New York, National Bureau of Economic Research, 1952.

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BEILL, Daniel H.

"The Postwar Structure of Financial Claims," in STUDIES IN INCOME AND VEALTH. Vol. New York: National Bureau of Economic Research, 1952.

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CARTTER, Allan M.

THE REDISTRIBUTION OF INCOME IN POSTWAR BRITAIN: A STUDY OF THE EFFECTS OF THE CENTRAL GOVERNMENT FISCAE. PROGRAM IN 1943-49. New Haven: Yale University Press, 1955. Pp. 242.

Yale Studies in Economics, Vol. 3*

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COHEN, Morris

Liquid assets and the consumption function, REVIEW OF ECONOMICS & STATISTICS, Vol. 36, May, 1954, pp. 202-211.

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COHEH, Morris

"Liquiti assets and the consumption function,'' REVIEW OF ECOHOMCS & STATISTICS, XDCVI, May 1954, pp. 202-211.

Consumption function: asset holdings and spending decisions

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SJERTON, R. A. D.

The holding of assets: 'Gambler preference' or 'safety f irst '? OXFORD ECONOMIC PAPERS, Vol. 8, No. 1, February, 1956, pp. 51-59•

theory of investment decisions

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GOLDSMITH, R. ¥.

The Share of Financial Intermediaries in National Wealth and National Assets, 1900-1949* Studies in Capital Formation and Fin«, Occasional Paper No* 42* New York: National Bureau of Economic Research, 1955• Pp* 120,

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GUTHRIE, Harold V. TYale University]

Changes in the ratio of liquid asset holdings to income among consumers in the United States between 1947 and 1951.

Abstract, in ECONOMETRICA, Vol. 23, July 1955, p. 330.

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HABERLER, Gottfried

The Pigou Effect Once More, THE JOURNAL OF POLITICAL ECONOMY, LX, June, 1952.

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HABERLER, G o t t f r i e d

"The P igou E f f e c t Once More ," JOURNAL OF POLITICAL ECONOMY, June, 1952.

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HABERLER, Gottfried

PROSPERITY AND DEPRESSION. Geneva: League of Nations, 1941.

Pp. 389, 499-500 on Pigou effect

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HANSBt, AlYin H.

"The Plgouviai^ e f f e c t , " JOURNAL OF POLITICAL ECONOMY, LII, Dec. 1951, pp. 535-36.

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HANSEN, A. H.

The Pigouvian effect, JOURNAL OF POLITICAL ECONOMI,

Oct. 1951.

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HART, Albert G.

Assets, Liquidity, and Investment, AMERICAN ECONOMIC REVIEW, SUPPLEMENT, Vol. 39, May, 1949, pp. 171-181.

Discussion: by Milton Friedman, R. M. Goodvin, Franco Modigliani, and James Tobin, ibid., pp. 196-210.

Liquidity and Uncertainty

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HART, Albert G.

"Postwar Effects to be Expected from Wartime Liquid Accumulations, AMERICAN ECONOMIC REVIEW, SUPPLEMENT, XXV, May, 1945, PP- 341-351.

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JOHNSON, Harry G.

"The Macro-Economics of Income Redistribution," chap. 1, in INCOME REDISTRIBUTION AND SOCIAL POLICY, ed. by Alan T. Peacock. London: Jonathan Cape, 195A, pp. 19-40.

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HART, Albert G.

"Uses of National Wealth Estimates and the Structure of Claims," in STUDIES IN INCOME AND VEALTH, Vol. H I . New York: National Bureau of Economic Research, 1950, pp. 81-104.

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KLEIN, L. R.

Assets, debts and economic behavior, in STUDIES IN INCOME AND VEALTH, V01. H . New York: National Bureau of Economic Research, 1952, pp. 197-227.

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KLEIN, Lawrence R.

"Assets, Debts and Economic Behavior,11

in STUDIES IN INCOME AND WEALTH, Vol. XIV, New York: National Bureau of Economic Research, 1951*

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KLEIN, L. R.

"Assets, Debts, and Economic Behavior,1* in STODIES IM INCOME AND WEALTH. Vol. XIV. Hew York: National Bureau of Economic Research, 1951, PP. 195-227.

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LERNER, Abba P.

"The Essential Properties of Interest and Money," QUARTERLY JOURNAL OF ECONOMICS, LXVI, May, 1952, pp. 172-193.

re; Keynes* chap. 17 on 'Pigou' effect

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LUTZ, Vera

Real and Monetary Factors in the Determination of Employment Levels, QUARTERLY. JOURNAL OF ECONOMICS, LXVI, May, 1952, pp. 251-272.

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LYDALL, Harold

The life cycle in income, saving, and asset ownership, ECONOMETRICA, Vol. 23, No. 2, April, 1955-

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McKEAN, Roland N.

"Wartime Monetary Events and Monetary Theory,* AMERICAN ECONOMIC REVIEW, SUPPLEMENT, XLII, May, 1952, pp. 124-133.

Discussion: by H. C. Wallich, ib id*, pp. 134-137.

Influence of l i qu id i ty upon expenditures (investment decisions)

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MAKOWER, H. and MARSCHAK, J.

Assets, Prices and Monetary Theory, ECONQMICA,

August, 1938. Pp. 28.

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MARSCHAK, Jacob

Rol* of Liquidity under Cosiplete and Incomplete Inforaation, AMERICAN ECONOMIC REVIEW, SUPPLEMENT, Vol. 39, Pt* 2, May, 1949, pp* 182-195*

Discussion: by Milton Friedman, R. M. Goodwin, Franco Modigliani,

and James Tobin, ibid*, pp. 196-210.

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MARSCHAK, Jacob

Mone7 and the theory of assets, ECONOMETRICA, October, 1938.

Pp. 15.

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McCracken, Paul ¥ .

"ISie Effect of Liquid Asset Holdings on Outlays for Goods and Services, " Chap* VI.

mimeographed paper in JHWfS f i l e

undated

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McKEAN, Roland N.

Liquidity and a national balance sheet, JOURNAL OF POLITICAL ECONOMY, Vol. 57, 1949, pp. 506-522.

Analysis of the possible effects of changes in liquidity on the volume of spending

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McKEAN, Roland N.

Wartime monetary events and monetary theory," AMERICAN ECONOMIC REVIEW, SUPPLEMENT, Vol. 42, May 1952, pp. 124-133

investment-liquidity relation

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MELVILLE, Leslie G.

Consumption, income, and wealth, REVIEW OF ECONOMICS & STATISTICS, Vol. 36, No. 2, May, 1954, pp. 220-225.

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MELVILLE, Les l ie G.

"Consumption, Income, and Wealth," REVIEW OF ECONOMICS & STATISTICS, XXZVI, May, 1954, pp. 220-225.

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METZLER, Lloyd A.

"Wealth, awing and the rate of interest,11

JOUENAL OF POLITICAL ECOIOMI, LIX, April 1951, pp. 93-116.

WRIGHT, David McC: Professor Metzler end the rate of interest, loc. cit, LX, June, 1952.

METZLER, L. A.: A reply, ibid.,

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MUSGRAVE, Bichard A.

"Money, Liquidity and the Valuation of Assets," in MONEY, TRADE, AND ECONOMIC GROWTH. IN HONOR OF JOHN H. WILLIAMS. New lork, Macmillan, 1951, pp. 216-242.

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MUSGRAVE, R. A.

"Money, Liquidity, and the Valuation of Assets," in MONEY, TRADE AND ECONOMIC GROWTH. IN HONOR OF JOHN H. ¥ILLIAMS. New York, Macmillan, 1951.

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RANDALL, R. J.

"The 'Pigou effect' and other aspects of asset holdings on consumption," SOUTH AFRICAN JOURNAL OF ECONOMICS, Vol. 21,

March 1953, PP- 31-40.

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ROBINSON, Roland I .

"Money Supply and Liquid Asset Fonaation,11

AMERICAN ECONOMIC REVIEW, XXXVI, March, 1946, pp. 127-133.

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ROBINSON, Roland I .

"Money Supply and Liquid Asset Formation," AMERICAN ECONOMIC REVIEW, XXXVI, March, 1946.

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ROY, A. D.

Safety first and the holding of assets, ECONOMETRICA, July, 1952.

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ROT, A. D.

Safety first and the holding of assets, ECONOMETRICA,

July, 1952*

theory to account for the holding of more than 2 assets in condition of uncertainty

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ROY, A. D.

Safety first and the holding of assets," ECONOMETRICA, Vol. 20, July, 1952.

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ROY, A* D.

Safety First and the Holding of Assets, ECONOMETBICA, Vol. 20, July, 1952, pp. 431-49.

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SIMMONS, E. C

The Relative Liquidity of Money and Other Things," AMERICAN ECONOMIC REVIEW, SUPPLEMENT, XXZVII, March, 1947.

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SPEEO, H., and LEAVITT, J. A.

"Inflation as a Post-Var Problem," JOUFUAL OF POLITICAL ECONOMY, August, 1943.

Threat of inflationary boom from spending of wartime liquid savings during reconver­sion period

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TOBIN, James

"Asset holdings and spending decisions," AER, SUPPLMENT, v. 42, May 1952, pp. 109-24.

Discussion: by H. C. Vallich, pp. 134-137.

Relation between volume of assets (wealth) and volume of expenditures

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TOBIN, James

"Relative Income, Absolute Income, and Savings," in MONEY, TRADE AND ECONOMIC GROWTH. IN HONOR OF JOHN H. WILLIAMS. New York: Macmillan, 1951, pp. 135-156.

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TOBIN, James

"Asset Holdings and Spending Decisions," AMEPJCAN ECONOMIC REVIEW, SUPPLEMENT, XLII, May 1952, pp. 109-24.

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TOBIN, James

"Asset Holdings and Spending Dec i s ions ," THE AMERICAN ECOHtfflC REVIEW, SUPPLEMENT, XLII,

May, 1952, pp. 109-23.

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VILLAED, Henry H.

A National Survey of Liquid Assets, FEDERAL RESERVE BULLETIN,

June, 1946, pp. 574.-580.

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VEILER, E. T.

Wartime savings and postvar inflation, SURVEY OF CURRENT BUSINESS, Vol. 23, No. 7, July, 1943.

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WEIGHT, D. M»-and L. A. Metzler

"Professor Metzler and the rate of interest,11

by Wright; and "Reply11 by Metzler, JPE, June 1952

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