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Stabilization of Construction Activity: 1. Public Construction 2. Residential Building Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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Page 1: Stabilization of Construction Activity: 1. Public ...LONG, Clarence B. BUILDING CYCLES AND THE THEORY OF INVESTMENT. Princeton: Princeton University Press, 1940* Residential construction

Stabi l izat ion of Construction Act ivi ty :

1 . Public Construction 2. Residential Building

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Page 2: Stabilization of Construction Activity: 1. Public ...LONG, Clarence B. BUILDING CYCLES AND THE THEORY OF INVESTMENT. Princeton: Princeton University Press, 1940* Residential construction

truth vr ?

Housing policy and the business cycle, REVIEW OF ECONOMIC STATISTICS, Vol. XXIV, no. 2, May, 1942, pp. 66~74«

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Page 3: Stabilization of Construction Activity: 1. Public ...LONG, Clarence B. BUILDING CYCLES AND THE THEORY OF INVESTMENT. Princeton: Princeton University Press, 1940* Residential construction

Stabilization of Construction Employment— A Step tovard Over-All Stabilization, in THE VINNING PLANS IN THE PABST POSTWAR EMPLOYMENT AWARDS. Milwaukee, Wise: Pabst Brewing Co., 1944*

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Page 4: Stabilization of Construction Activity: 1. Public ...LONG, Clarence B. BUILDING CYCLES AND THE THEORY OF INVESTMENT. Princeton: Princeton University Press, 1940* Residential construction

BECKER, Arthur Peter ( U n i v # o f W i s c o n s i n )

Housing in England and Wales during the business depression of the 193**s, ECONOMIC HISTORY REVIEW, 2d ser, 111,3 1951, pp. 321-341.

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Page 5: Stabilization of Construction Activity: 1. Public ...LONG, Clarence B. BUILDING CYCLES AND THE THEORY OF INVESTMENT. Princeton: Princeton University Press, 1940* Residential construction

BOBER, W.C.

"Dispari t ies in Price Levels the Root Cause of the Stagnation in Building"

THE ANNALIST, Vol. h$, No. 111*8, Januaiy 18, 193$

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Page 6: Stabilization of Construction Activity: 1. Public ...LONG, Clarence B. BUILDING CYCLES AND THE THEORY OF INVESTMENT. Princeton: Princeton University Press, 1940* Residential construction

BOWLEI, M.

Fluctuations in house-building and the trade cycle, REVIEW OF ECONOMIC STUDIES,

June, 1937. 15 pp.

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Page 7: Stabilization of Construction Activity: 1. Public ...LONG, Clarence B. BUILDING CYCLES AND THE THEORY OF INVESTMENT. Princeton: Princeton University Press, 1940* Residential construction

BOVLEY, Marian

Fluctuations in house building and the trade cycle, BEVIEW OF ECONOMIC STUDIES, Vol* IV, No. 3, June, 1937*

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Page 8: Stabilization of Construction Activity: 1. Public ...LONG, Clarence B. BUILDING CYCLES AND THE THEORY OF INVESTMENT. Princeton: Princeton University Press, 1940* Residential construction

BUCKLEY, K. A. H.

Urban building and real estate fluctuations in Canada, CANADIAN JOURNAL OF ECONOMICS & POLITICAL SCIENCE, XVIII, no. 1, February, 1952.

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Page 9: Stabilization of Construction Activity: 1. Public ...LONG, Clarence B. BUILDING CYCLES AND THE THEORY OF INVESTMENT. Princeton: Princeton University Press, 1940* Residential construction

CLARK, J. M.

Investment in Relation to Business Activity and Employment.

Univ. of Pennsylvania Bicentennial Conference: Studies in Economic ana Industrial Relations

Ml J, H. WILLIAM* Digitized for FRASER

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Page 10: Stabilization of Construction Activity: 1. Public ...LONG, Clarence B. BUILDING CYCLES AND THE THEORY OF INVESTMENT. Princeton: Princeton University Press, 1940* Residential construction

CLARK, V. C.

The construction industry: outlook for 1930, REVIEW OF ECONOMIC STATISTICS, Vol. XII, no. 1, February, 1930, pp. 23-29.

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Page 11: Stabilization of Construction Activity: 1. Public ...LONG, Clarence B. BUILDING CYCLES AND THE THEORY OF INVESTMENT. Princeton: Princeton University Press, 1940* Residential construction

CONKLIN, V. D.

Building costs in the business cycle; with particular reference to building sponsored by Govern­ments in the United States, JOURNAL OF POLITICAL ECONOMY, Vol. A3, No. 3, June, 1935, pp. 365-92.

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Page 12: Stabilization of Construction Activity: 1. Public ...LONG, Clarence B. BUILDING CYCLES AND THE THEORY OF INVESTMENT. Princeton: Princeton University Press, 1940* Residential construction

CONKLIH, V. D.

Building costs in the business cycle: with particular reference to builiding sponsored by governments in the United States, JOURNAL OF POLITICAL ECONOMY, XLIII,

1935, pp. 365-92.

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Page 13: Stabilization of Construction Activity: 1. Public ...LONG, Clarence B. BUILDING CYCLES AND THE THEORY OF INVESTMENT. Princeton: Princeton University Press, 1940* Residential construction

CONKLIN, W.D.

"Building Costs in the Business Cyclett

J.F.E. Vol XLIII, No. 3, June 1935

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Page 14: Stabilization of Construction Activity: 1. Public ...LONG, Clarence B. BUILDING CYCLES AND THE THEORY OF INVESTMENT. Princeton: Princeton University Press, 1940* Residential construction

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^W pert**/ f/o-&r

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Page 15: Stabilization of Construction Activity: 1. Public ...LONG, Clarence B. BUILDING CYCLES AND THE THEORY OF INVESTMENT. Princeton: Princeton University Press, 1940* Residential construction

Cboiu$ R , (> •

Investment achujty m %e per/tKj 19/0-/99.*,

V W W / R op. Pouric/fL fi-dAJo/«W 7 Vt>(, 3 iT#?«3

0 « " ' , /*?a7 pp. V f r o ^ a

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Page 16: Stabilization of Construction Activity: 1. Public ...LONG, Clarence B. BUILDING CYCLES AND THE THEORY OF INVESTMENT. Princeton: Princeton University Press, 1940* Residential construction

DAUTEN, C. A.

INVESTMENT AND BUSINESS ACTIVITY, AN ANALYSIS AND AN APPRAISAL OF THE T.N.E.C. HEARINGS AND MONOGRAPHS ON THE RELATIONSHIP OF SAVINGS TO INVESTMENT AND THE FULL USE OF PRODUCTIVE RESOURCES.

St. Louis: Washington University Pub., 1944.

AB pp.

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Page 17: Stabilization of Construction Activity: 1. Public ...LONG, Clarence B. BUILDING CYCLES AND THE THEORY OF INVESTMENT. Princeton: Princeton University Press, 1940* Residential construction

DERKSEN, Johannes B. V.

Long cycles in residential building, ECONOMETRICA, vol. 8, April, 1940, pp. 97-116.

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Page 18: Stabilization of Construction Activity: 1. Public ...LONG, Clarence B. BUILDING CYCLES AND THE THEORY OF INVESTMENT. Princeton: Princeton University Press, 1940* Residential construction

', s. p.

The affect of replaceaerrb iaTestawat on national incoae and employment, JOUHNAL OF POLITICAL ECONOMI, Vol. LV, Ho. A, August, 1947, pp. 352-58.

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Page 19: Stabilization of Construction Activity: 1. Public ...LONG, Clarence B. BUILDING CYCLES AND THE THEORY OF INVESTMENT. Princeton: Princeton University Press, 1940* Residential construction

GORDON, R. A.

Investment behavior and business cycles, THE REVIEW OF ECONOMICS & STATISTICS, XXXVII, No. 1, February, 1955, pp. 23-34.

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Page 20: Stabilization of Construction Activity: 1. Public ...LONG, Clarence B. BUILDING CYCLES AND THE THEORY OF INVESTMENT. Princeton: Princeton University Press, 1940* Residential construction

GREBLER, Leo

Stabilizing residential construction—a review of the postwar test, AMERICAN ECONOMIC REVIEW, Vol. 39, September, 1949, pp. 898-910,

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Page 21: Stabilization of Construction Activity: 1. Public ...LONG, Clarence B. BUILDING CYCLES AND THE THEORY OF INVESTMENT. Princeton: Princeton University Press, 1940* Residential construction

GREBLER, Leo

Housing policy and the building cycle, REVIEW OF ECONOMIC STATISTICS, XXIV, no. 2, May, 1942, pp. 66-74.

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Page 22: Stabilization of Construction Activity: 1. Public ...LONG, Clarence B. BUILDING CYCLES AND THE THEORY OF INVESTMENT. Princeton: Princeton University Press, 1940* Residential construction

GREBLER, ̂ eo

Housing policy and the building cycle, REVIEW OF ECONOMIC STATISTICS, XXIV, May, 1942, pp. 66-74.

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Page 23: Stabilization of Construction Activity: 1. Public ...LONG, Clarence B. BUILDING CYCLES AND THE THEORY OF INVESTMENT. Princeton: Princeton University Press, 1940* Residential construction

GREER, Guy and HANSEN, A. H.

URBAN REDEVELOPMENT AND HOUSING, A PROGRAM FOR POST-VAR. Washington: National Planning Associat ion, Dec. 1941.

(Planning Pamphlet No. 1 0 . )

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Page 24: Stabilization of Construction Activity: 1. Public ...LONG, Clarence B. BUILDING CYCLES AND THE THEORY OF INVESTMENT. Princeton: Princeton University Press, 1940* Residential construction

ISARD, Walter and MOSES, i<eon

Frickey, Burns and Mitchel l , and the transport-tMilding cycle, REVIEW OF ECONOMICS & STATISTICS, XXXII, No. A, November, 1950, pp. 347-351.

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Page 25: Stabilization of Construction Activity: 1. Public ...LONG, Clarence B. BUILDING CYCLES AND THE THEORY OF INVESTMENT. Princeton: Princeton University Press, 1940* Residential construction

ISARD, Walter and ISARD, Caroline

The transport-building cycle in urban development: Chicago, REVIEW OF ECONOMIC STATISTICS, Vol. XXV, no. A, November, 1943, pp. 224-26.

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Page 26: Stabilization of Construction Activity: 1. Public ...LONG, Clarence B. BUILDING CYCLES AND THE THEORY OF INVESTMENT. Princeton: Princeton University Press, 1940* Residential construction

ISAKD, Walter

A neglected cycle: The transport-building cycle, REVIEW OF ECONOMIC STATISTICS, Vol. XXIV, No. A, November, 1942, pp. U9-158.

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Page 27: Stabilization of Construction Activity: 1. Public ...LONG, Clarence B. BUILDING CYCLES AND THE THEORY OF INVESTMENT. Princeton: Princeton University Press, 1940* Residential construction

KEYNES, J. M.

Fluctuations in net investment in the United States, ECONOMIC JOUBNAL, XLVI,

1936, pp. 540-47.

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Page 28: Stabilization of Construction Activity: 1. Public ...LONG, Clarence B. BUILDING CYCLES AND THE THEORY OF INVESTMENT. Princeton: Princeton University Press, 1940* Residential construction

LONG, Clarence D., Jr .

BUILDING CYCLES AND THE THEORY OF INVESTMENT. Princeton* Princeton University Press, 1940. Pp. xvi , 239.

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Page 29: Stabilization of Construction Activity: 1. Public ...LONG, Clarence B. BUILDING CYCLES AND THE THEORY OF INVESTMENT. Princeton: Princeton University Press, 1940* Residential construction

LONG, Clarence B.

BUILDING CYCLES AND THE THEORY OF INVESTMENT. Princeton: Princeton University Press, 1940*

Residential construction cycle reached a peak in late 188Qfs or early 1890*s, a low to the end of the century, and another pre-Vorld War I peak toward the end of 1st decade of 20tb century.

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Page 30: Stabilization of Construction Activity: 1. Public ...LONG, Clarence B. BUILDING CYCLES AND THE THEORY OF INVESTMENT. Princeton: Princeton University Press, 1940* Residential construction

LONG, Clarence D., Jr.

BUILDING CYCLES AND THE THEORY OF INVESTMENT. rrinceton; Princeton University Press, 1940.

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Page 31: Stabilization of Construction Activity: 1. Public ...LONG, Clarence B. BUILDING CYCLES AND THE THEORY OF INVESTMENT. Princeton: Princeton University Press, 1940* Residential construction

LONG, Clarence D, Jr.

Seventy lears of Building Cycles in Manhattan, THE REVIEW OF ECONOMIC STATISTICS, XVIII, November, 1936, pp. 183-93.

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Page 32: Stabilization of Construction Activity: 1. Public ...LONG, Clarence B. BUILDING CYCLES AND THE THEORY OF INVESTMENT. Princeton: Princeton University Press, 1940* Residential construction

MAISEL, Sherman J.

HOUSEBUILDING IN TRANSITION. Berkeley: University of California Press, 1953. Pp. xi, 384-.

Review: by -̂ eo Grebler, JOURNAL OF POLITICAL ECONOMY, LXIII, Feb. 1956, pp. 34-5-

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Page 33: Stabilization of Construction Activity: 1. Public ...LONG, Clarence B. BUILDING CYCLES AND THE THEORY OF INVESTMENT. Princeton: Princeton University Press, 1940* Residential construction

MENDERSHAUSEH, Horst

Las Variations du mouvement saisonnier dans l1 Industrie de la construction: £tude methodologique et analyse des faits. Geneva: George & Co*. S.A.. 1937. Pp. 209*

Reviewed by R. von Hxihn, JPE, XLVT, Oct. 1938.

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Page 34: Stabilization of Construction Activity: 1. Public ...LONG, Clarence B. BUILDING CYCLES AND THE THEORY OF INVESTMENT. Princeton: Princeton University Press, 1940* Residential construction

NEWMAN, ¥. H.

"The Building Industry and Building Cycles,11 JOURNAL OF BUSINESS (University of Chicago), Vol. 8, Part I I , no. 3 , July, 1935.

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Page 35: Stabilization of Construction Activity: 1. Public ...LONG, Clarence B. BUILDING CYCLES AND THE THEORY OF INVESTMENT. Princeton: Princeton University Press, 1940* Residential construction

NEWMAN, V i l l i a m H.

THE BUILDING INDUSTRY AND BUILDING CYCLESi Chicago:

1935.

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Page 36: Stabilization of Construction Activity: 1. Public ...LONG, Clarence B. BUILDING CYCLES AND THE THEORY OF INVESTMENT. Princeton: Princeton University Press, 1940* Residential construction

M Pearson, F. A* said "Warren, G. F.

The building cycle. ( inrFortune, Aug., 1957,p.85)

Building ac t iv i ty wi l l probably increase u n t i l about 19S5, and wi l l make the nation pros­perous.

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Page 37: Stabilization of Construction Activity: 1. Public ...LONG, Clarence B. BUILDING CYCLES AND THE THEORY OF INVESTMENT. Princeton: Princeton University Press, 1940* Residential construction

RIGGLEMAN, John R.

"Building cycles in the United States, 1875-1932, JOURNAL OF THE AMERICAN STATISTICAL ASSOCIATION, Vol. 28, 1933, pp. 174-83.

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Page 38: Stabilization of Construction Activity: 1. Public ...LONG, Clarence B. BUILDING CYCLES AND THE THEORY OF INVESTMENT. Princeton: Princeton University Press, 1940* Residential construction

RIGGLEMAN, J. R.

Building Cycles in the United States, 1875-1932, JOURNAL OF THE AMERICAN STATISTICAL ASSOCIATIOM, XXVIII, Juni, 1933, pp. 17-4-83.

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Page 39: Stabilization of Construction Activity: 1. Public ...LONG, Clarence B. BUILDING CYCLES AND THE THEORY OF INVESTMENT. Princeton: Princeton University Press, 1940* Residential construction

RIGGLEMAN, J. R.

Building cycles in the United States, 1875-1932, JOURNAL OF THE AMERICAN STATISTICAL ASSOCIATION, Vol. XXVIII, No. 182, June, 1933, pp. 174-183.

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Page 40: Stabilization of Construction Activity: 1. Public ...LONG, Clarence B. BUILDING CYCLES AND THE THEORY OF INVESTMENT. Princeton: Princeton University Press, 1940* Residential construction

STOCKFISCH, J. A.

The relationships between money cost, investment, and the rate of return, QUARTERLY JOURNAL OF ECONOMICS, Vol. LXX, No. 2, May, 1956, pp. 295-302.

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Page 41: Stabilization of Construction Activity: 1. Public ...LONG, Clarence B. BUILDING CYCLES AND THE THEORY OF INVESTMENT. Princeton: Princeton University Press, 1940* Residential construction

STOLPER, Wolfgang F.

British Monetary Policy and the Housing Boom, QUARTERLY JOURNAL OF ECONOMICS, LVI, November 1941, pp. 1-170. chap. I: Survey of the problem 1

2: The Cost of Building 33 3: Rents, Rent Restriction and

Conservative Investment 61 Ax The Demand for Houses; The

Population Factor 79

5; The Influence of Monetary Policy 108 6: Summary: The Problem and the

Findings U$m

Appendices and Bibliography Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 42: Stabilization of Construction Activity: 1. Public ...LONG, Clarence B. BUILDING CYCLES AND THE THEORY OF INVESTMENT. Princeton: Princeton University Press, 1940* Residential construction

WARREN, George F. and PEARSON, Frank A.

WORLD PRICES AND THE BUILDING INDUSTRY. New York: Wiley, 1937. Pp. v, 240.

Review: by Holbrook Working, AMERICAN ECONOMIC REVIEW,

XXVUI, June, 1938, pp. 383-85.

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Page 43: Stabilization of Construction Activity: 1. Public ...LONG, Clarence B. BUILDING CYCLES AND THE THEORY OF INVESTMENT. Princeton: Princeton University Press, 1940* Residential construction

M Warren,G.F. end Pearson,F.A.

The building cycle. (In: Fortune, Aug*, 1937,p.85.

Building activity will probably increase until about 1943, and will make the nation pros­perous •

Building.

Pearson, F. A. y

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Page 44: Stabilization of Construction Activity: 1. Public ...LONG, Clarence B. BUILDING CYCLES AND THE THEORY OF INVESTMENT. Princeton: Princeton University Press, 1940* Residential construction

WENZLICK, Roy

The problem of analyzing local real estate cycles, JOURNAL OF THE AMERICAN STATISTICAL ASSOCIATION, XXVIII, SUPPLEMENT, March, 1933, pp. 201-6.

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