DISPAHITT BETWEEN S/l as MAJOR CAUSE OF DEPRESSIONS
theory stems from work of Wicksell; literature divides into two schools
1. Keynes and his group ; also D. H. Robertson 2. Viennese school - Mises, Hayek, Haberler and Machlup
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
SAVING, INVESTMENT AND CAPITAL FORMATION IN ENGLISH ECONOMIC LITERATURE
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
ABRAMOVITZ, Moses
Savings and investment: p r o f i t s vs . prosperi ty? THE AMERICAN ECONOMIC REVIEW, SUPPLEMENT, XXXII, June, 1942.
Pp. 36.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
ALTMAN, Oscar L.
Saving, Investment, and National Income. MONOGRAPH NO. 37. Washington: Temporary National Economic Committee, 1 9 a . PP . x, 135.
Review: by Milton Friedman, REVIEW OF ECONOMIC STATISTICS Vol. XXVI, May, 19U, pp. 101-2.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
M Saving-investment theory of money
Bode, Karl and Haberler, Gottfried Monetary equilibrium and the price level in
a progressive economy* A comment* (In:Economica, Feb*19S5,p.75~82)
Criticism of statements of Mr. ̂ arrod or of Mr* Kaldor in their concept of the relations between savings and investment*
With rejoinder from R* F*Har rod, p .,32-84 •
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
^-ctfrnrm&U*/c Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
BICKERDIKE, C. F.
Saving and the monetary system, THE ECONOMIC JOURNAL,
September, 1925• Pp. 13.
It vas not purely by normal savings that the rapid growth of wealth in England and America during the 19th centiiiy and in Germany from 1870 to 1914 was financed, but largely by extension of bank credit in excess for the time being, of normal saving, resulting in periodical inflations. Abstract by W. 0.
Weyforth, AMERICAN ECONOMIC REVIEW, IV, Dec, 1925, p. 800.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
BICKEEDIKE, C. F.
Saving and the Monetary System, ECONOMIC JOURNAL, XXXV, No. 139,
September, 1925.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
BICKERDIKE, C.P.
"Individual and Social Interests in Belation to Saving
IBID Vol.XXXIV, No, 135 September 1921*
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
BRESCIANI-TUBEONI, C.
The theory of saving, ECONOMICA, III, new series,
1936, pp. 1-23, 162-81.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
M Saving investment theory of money
Cassel, Gustav The equilibrium of the cap i t a l market. ( In :
Skandinaviska Kreditaktiebolaget^July 1937,p.41-44)
Mr.Cassel reduces the f an ta s t i c theor ies of scarcity of saving to common sense~
Clipped and f i l ed in Cassel folder on shelf.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
M
Saving—investment theory of money Chambers, S. P.
fluctuations in capital and the demand for money. (In: Rev.of Economic Studies,Oct.19F4, p.58-50)
Discussion of the theoiy of formation of capital.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
M Saving investment theory of money
Commons, John R. Capacity to produce, capacity to consume,
capacity to pay debts. (In:Amer.Econ.Rev.,Dec. 1957,p.680-697)
A critique of Moulton and Keynes in their theories concerning saving*
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
CURTIS, MFra
I s money saying equal to investment? QUARTERLY JOURNAL OF ECONOMICS,
August, 1937. Pp. 22.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
M Saving investment theory of money
Curtis, Btyra Is money saving equal to investment? {In:
Quarterly Jr.of Economics,August 1957,p*604~25)
The author attacks the theory that Investment equals savings, necessarily.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
DANIELS, G. V.
Spending and investing, THE MANCHESTER SCHOOL, Vol. V, 1934, pp. 102-17.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
DANIELS, O.W.
"Spending and Investing" THE MANCHESTER SCHOOL Vol V No. 2, 193U
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
DOBB, M. H,
A note on saving and investment in a socialist economy, ECONOMIC JOURNAL,
December, 1939. Pp. 16
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
BGLE, V.
"Saving, investment and crisis," JOURNAL OF POLITICAL ECONOMY,
Dec. 1935.
22 pp.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
M Saving-investment theory of money
Egle, Salter Saving, investment, and crisis. (In:Jr.of
Political Economy,Dec.l9?5,p.7?l-4£)
»oi. 43* &u» b, Mr.Egle attempts to explain the real dif
ferences in the theories of the various writers on the saving theory and investment theory, and suggests that none of them explain the crisis. The rate of saving is only a formula for other factors standing behind it.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
EZEKIEL, Mordecai
Annual estimate of savings by individuals, REVIEW OF ECONOMIC STATISTICS, XXIX,
1937, pp. 178-91
savings of income-tax payers, 1918-35
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
u Saving investment theory of money
Ezekiel, Mordecai An annual estimate of savings by individuals
(In:Rev.of Economic Statistics, Harvard, Nov., 1937,p.178-91)
An index of personal savings by persons for idiom there are available data on income? through income tax returns»
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
FEAVEARYEAR, A. E.
Capital accumulation and unemployiant, ECONOMIC JOOBNAL, XLVI, 1936, pp. 211-24.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
M Saving investment theory of money
Feaveryear, A^ E* Capital accumulation and unemployment • (In:
Economic Journal, June 1956, p*£ll-224)
An estimate of the rate of capital accumulation in Great Britain and of the quantity of investment likely to be required to provide for future unemployment.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
FISHER, Irving
MAre Savings Income?" AMERICAN ECONOMIC ASSOCIATION, PUBLICATIONS, Vol. I X, Series ?, 1908, pp. 21-48.
Discussion: W. M. Daniels; F. A* Fetter; A. tf. Flux) J. F. Crowell, M. H. Robinson, pp. 48-58.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
FISHER, Irving
Are sarLogs income? (with discussion) PUBLICATIONS OF THE AMERICAN ECONOMIC ASSOCIATION, Series I I I , Vol. IX,
1908, pp. 21-^7.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Cco/vc*7i£ /Isso c / ^ T/CAJ
QfuarUritf Thi'd Sir//<-*• Vol. /*
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
FRISCH, Ragnar
The interrelation between capital production and consumer taking, JOURNAL OF POLITICAL ECONOMY, XXXIX, 1931, pp. 646-54-
Clark, J. M.: ^Capital production and consumer taking,19 ibid*, pp. 814-16
Frisch, Ragnar: Capital production and consumer-taking: a rejoinder, i b i d . , XL, 1932, pp. 253-55}
Clark, J.M.: Capital production and consumer-takin a further word, i b i d . , pp. 691-93.
Frish, R.: Capital production and consumer-taking. A final word, ib id . , p. 694. Digitized for FRASER
http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
FULCHER, Gordon S.
Annual saving and underspending of indivldiaals, REVIEW OF ECONOMIC STATISTICS, Vol* XXIII,
19U, pp. 28-39.
Estimate of savings -Savings of individuals including
private enterprises, 1926-37•
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
GAINSBRUGH, M. R.
Total individual savings, liquid and investment, 1900-1953, CONFERENCE BOARD ECONOMIC RECORD,
April 22, 1940.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
GARVT, George
Savings and the Problem of Inflation in the United States, in SAVINGS IN THE MODERN ECONOMY, Pt. IV. Minneapolis: University of Minnesota Press, 1953.
Also circulated as w Savings and Inflation." Mimeo., American Assembly, Columbia University,
May, 195?- 57 pp.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
GARVT, George
What do personal savings figures tell us, AMLTSTS JOURNAL,
1951
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
GARVY, George
The role of dissaving in economic analysis, JOUBNAL OF POLITICAL ECONOMT,
October, 1948, pp. 416-27.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
GARVY, George
Savings concepts and data: the needs of economic analysis and policy (discussion of paper J>y L. R. Klein in SAVINGS IN THE MODERN ECONOMY.
pp. 129-32.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
GARVY, (Seorge
The role of dissaving in economic analysis, JOURNAL OF POLITICAL ECONOMY,
October, 1948. 12 pp.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
GARVY, George
"The Role of Dissaving in Econondc Analysis," JOURNAL OF POLITICAL BCONOMI, LVI, October 1947, pp. 335-41,
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
GOLDSMITH, R. W. BRADY, D. S. and MENDERSHAUSEN, H.
A STUDY OF SAVING IN THE UNITED STATES. Vol. I I I . Princeton: Princeton Universi ty Press , 1956. Pp. 4.71.
covers years 1897-194-9.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
GOLDSMITH, B. V. and SALANT, V. S.
in STUDIES IN INCOME AND WEALTH, Volume III. New lork: National Bureau of Economic Research, 1939 •
total savings for the nation broken down into individual, business, and government
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
HANSEN, Alvin H.
"A note on savings and investment," REVIEW OF ECONOMICS & STATISTICS,
February 1948.
U pp.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
HANSEN, A. H.
A note on savings and inves tment , REVIEW OF ECONOMICS Sc STATISTICS,
February , 1948• pp . A*
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
HANSEN, A#H. and TOUT, HERBERT
"Investment and Saving in Business Cycle Theory*' ECON., Vol. I, No. 2 April, 1933
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
HANSEN, A. H.
A note on savings and investment, REVIEW OF ECONOMICS & STATISTICS, Vol. 30, no. 1 , Feb. 1948, pp. 30-3
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
HANSEN, A. H. and TOUT, H.
"Annual Survey of Business Cycle Theory: Investment and Saving in Business Cycle Theory," ECONOMETRICA,
May, 1933. Pp. 17.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
HANSEN, A. H. and TOUT,
Investment and Saving in Business Cycle Theory, ECONOMETRICA,
April, 1933.
discussion and critique of Hayek's views
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
HANSEN, A. H., Chairman; David Friday
"The Formation of capital: measurement and relation to economic instability," AMERICAN ECONOMIC REVIEW, SUPPLEMENT, XXIII, March 1933, pp. 91-97.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
M
Saving-Investment theory of money Harrod, R. F.
Rejoinder to Drs.Haberler and Bode* (In: Economica, Feb.1925, p.82-4)
Enumeration of the various ideas of saving as held by the economists who discuss the saving and investment theory of monetary stability, particularly rejection of Mr.Keynes saving/investment equation.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
HAET, Albert G.
Imputation and the demand for productive resources in disequilibrium, in EXPLORATIONS IN ECONOMICS. New York:
1936, pp. 264-271.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
M Saving investment theory of money
Hayek, F. A. von Investment tha t r a i s e s the demand for cap i ta l
(In:Rev#of Economic S t a t i s t i c s . Harvard,Nov» 1957,p*174-7)
A careful analysis of the time s t ructure of production (NOT in terms of an "average" period of production) i s a necessary basis for a s a t i s factory analysis of the t rade cycle•
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
M Saving-investment theory of money
Hayek, F. A. The mythology of capital. (In:Quarterly
Jr* of Economics, Feb.l956,p.199-228)
Discussion of the capital formation theory with criticise of articles by Prof .Knight who has cruaaded against the concept of the period of investments.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
M Saving investment theory of money
Hayek, f. A. von Utility analysis and interest. (In:Economic
Journal, March 1936, p.44-60)
Hayek elaborates the idea of the rate of saving necessary in a progressive society.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
HAYEK, F.A.
n0n the Relationship Between Investment and Output" E.J . Vol . XLI7 No. 17U June, 193^
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
HAYEK, F. A.
On the relationship betveen investment and output, ECONOMIC JOURNAL, XLIV,
1934, pp. 207-31.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
HAYEK, F.A.
"A Note on the Development of the Doctrine of •Forced Saving1".
Q.J.E., Vol XLVII, No. 1, November, 1932
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
HAYEK, F. A. von
A Note on the Development of the Doctrine of •Forced Saving,' QUARTERLY JOURNAL OF ECONOMICS, Vol. 47, No. 1, November, 1932, pp. 123-133-
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
HAYEK, F. A. von
A note on the development of the doctrine of forced saving, QUARTERLY JOURNAL OF ECONOMICS, XLVII,
(1932/33), pp. 123-33.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
ufr X &Kj r t rk +
"The 'Paradox' of Saving" IBID., Vol XI No. 32, May, 1931
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
HMBK t r.,4. yen
ihe Ytmdoy. ' £ dj^a bc/Jd/tr/c/?
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
HEILBRONER, Robert L.
Saving and Investment: Dynamic Aspects, THE AMERICAN ECONOMIC REVIEW, XXXII, December, 1942, pp. 827-28.
re Keynesian terminology
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
H
Saving-investment theory of money Hicks, J* R.
A suggestion for simplifying the theory of money. (In:Economica, February,19F5,p.l-19)
Expounding the theory of money that the differences in the reactions of member os the community, those by poverty insensible to changes in anticipations and those other people, with savings and securities are much more sensitive, should be studied*
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
HICKS, John R.
Vages and interest: the dynamic problem, ECONOMIC JOURNAL, Vol. XLV, September, 1935, pp. 4-56-468.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
HILL, Martin
"The Period of Production and Industrial Fluctuation," THE ECONOMIC JOURNAL, XLIII,
1933. pp. 599-610.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
M Saving)^ investment theory of money
Holden, G. R. Mr, Keynes1 consumption function and the time
preference pos tu la te , ( In: Quarterly J r . of Economics, Feb.1958,p.581-296)
Existence or nonexistence of an effect ive dis count of the future remain nothing more than tenta t ive postulates u n t i l s t a t i s t i c a l analysis e s tablishes the one or the o ther . Holden finds the "Consumption function1' such a pos tu la te .
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
1 Saving: jLnvefitment JfoeoryL-pf money
Humphrey, Don D. The relation of surpluses to income and em
ployment during depressions. (In;American Economic Rev. ,Je.l938,p.225-34)
A decline in the rate of investment is accon* panied by unemployment because we do not increase consumption (except relatively) when our savings are falling. Consumption is increased relative to saving only when both consumption and saving fall,
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
JONES, J. E.
THE ECONOMICS OF SAVING. London: Reed and Co., 1934. Pp. xvi, 171.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
KUHLER, A.
Scarcity and abundance of capital as cause of crisis, SOCIAL RESEARCH,
Februaiy, 1937. Pp. 17.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
KALDOR, Nicholas
Annual Survey of Economic Theory} The Recent Controversy on the Theory of Capital, BCONOMETRICA,
July, 1937.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
KEYNES, J. M., HAWTREY, E.G. and ROBERTSON, D.H.
Saving and hoarding, ECONOMIC JOURNAL, December, 1933.
Pp. 15.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
KING, V. I.
The net volume of saving in the United States, JODENAL OF THE AMERICAN STATISTICAL ASSOCIATION, Vol. XVIII, 1922, pp. 455-70.
Estimate of Savings Total savings, 1909-18.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
KNIGHT, Frank H.
"Diminishing returns from investment," JOUENAL OF POLITICAL ECONOMY, Wt, T T T «. -, 19U, pp. 26-47. L I I > N°* X'
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
KNIGHT, Frank H.
Diminishing Returns from Investment, JOURNAL OF POLITICAL ECONOMY, LII , March, 1 9 U , pp. 26-47.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
LANGE, Oskar
The place of interest in the theory of production, REVIEW OF ECONOMIC STUDIES, Vol- III, June, 1936, pp* 159-162.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
LAMB, L. A.
Saving, a means: not an end, BANKERS MAGAZINE,Hay> i9ll-
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
LBONTIET, V. V.
Output, Employment, Con simp t ion, and Investment, QUABTEBLY JOURNAL OF ECONOMICS,
February, 1944. Pp. 25.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
LEONTIEF, ¥ . W.
Interrelation of Prices, Output, S a v i n g and Investment,
THE REVIEW OF ECONOMIC STATISTICS, August, 1937.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
LEONTIEF, Wassily
Interest on capital andd&tributionJ a problem in the theory of marginal productivity, QUARTERLY JOURNAL OF ECONOMICS, XLIX, November, 1934, pp. U7-161.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
LERNER, A. P.
Saving Equals Investment, yUARTERLX JOURNAL OF ECONOMICS,
February, 1938.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
LEVEH, %urice, MOULTON, He Ge, and VARBURTON, Clark
AMERICA'S CAPACITY TO CONSUME* Washington: Brookings Institution, 1934-
individuals1 savings by income classes
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
LEVIS, Cleona
The Trend of Savings, 1900-1929, THE JOURNAL OF POLITICAL ECONOMY, Vol. XLIII,
pp. 535-47.
total and individuals' saving, (based on Brookings' data)
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
LOUGH, Villiaa H.
HIGH LEVEL CONSUMPTION. New lork: 1935.
pp. 2803o7 - withholdings of individuals, 19U-29.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
kotz. F.ft-Th* o n c o t i c o9 "HUB, SAUM^ - /"JOeS+^^^r
Lit ALMOST n*9- pp. *8&-Clt
H*+ pf. ^ 3 - 4 .
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
M Saving investment theory of money
Lutz, F. A. The outcome of the savint-investment discus
sion, (In:Quarterly Jr.of Economics August 1958 p.588-614)
The saving and investment relation furnishes us with Ittle more than a handy formula. The twin concepts should be relegated to a position of little attention.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
LUTZ, F. A.
The outcome of the savings-investment discussion, QUARTERLY JOURNAL OF ECONOMICS,
August, 1938.
Pp. 27.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
MACHLUP, Fritz
Forced or induced saving: an exploration iii'to its synonyms and homonyms, REVIEW OF ECONOMIC STATISTICS, XXV, February, 1943, pp. 26-39-
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
MARSCHAK, Jacob
A note on the period of production, ECONOMIC JOURNAL,
March, 1934. Pp. 6.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
MATTHEWS, R. C. 0 .
Savings and the trade c y c l e , THE REVIEW OF ECONOMIC STUDIES, X X I l ( i i ) , No. 58, February, 1955.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
MELVILLE, Leslie G.
The schedtiLe of interest rates and investment, ECONOMIC RECORD, X,
1934, pp. 167-81.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
MILLER, V. L.
The equality and inequality of saving and investment, SOUTHERN ECONOMIC JOURNAL,
January, 1952. 10 pp.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
MONROE, A. E.
"Investment and Saving: A Genetic Analysis" A.J.E. Vol XLIII, No. k, August, 1929
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
MONROE, A. E.
"Investment end Saving: a Genetic Analysis," QUARTERLY JOURNAL OF ECONOMICS, XLIII, August, 1929, pp. 567-603.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
MUNTZ, E. E.
"Vihat shall we do with our savings?" SOUTH ATLANTIC QUARTERLY,
October, 1933.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
MEADE, J. E.
THE RATE OF INTEREST IN A PROGRESSIVE STATE. Nev York: Macmillan, 1933. Pp. x, 115.
Review: by L. H. Seltzer, AMERICAN ECONOMIC REVIEW, XXIV,
June, 1934. pp. 289-90.
application of Keynes-Robertson thesis (relation of saving-investment-spending) to a simplified hypothetical economy.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
MILLER, V. L.
The equality and inequality of saving and investment, SOUTHERN ECONOMIC JOURNAL,
January, 1952• 10 pp.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
OHLIN, Ber t i l
"Same Botes on the Stockholm Theory of Savings and Investment," Par ts I - I I , THE ECONOMIC JOURNAL, XLVII, March and June, 1937, pp. 53-69j pp. 221-240.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
M Saving-Investment theory of money
Qhlln, Bertil Some notes on the Stockholm theoiy cf savings
and investments. (In:Economic Journal, March 1957,p.55-69 & Je.l937,p.?5?l-240)
lfr»0hlin suggests that the similarity between the theories of Wicksell,lfyrdal,Lindahl, makes a comparison with the theoiy of Keynes,and the General Theoiy useful, though a; 'more "~ n
complete comparison must wait until the two bodies of doctrines will have been available in English.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
ROBERTSON, D. H.
"Saving and hoarding," ECONOMIC JOURNAL, XLIII, Sept. 1933, pp. 399-413.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
ROBERTSON, D. H.
Saving and hoarding, ECOHOMIC JOURNAL, XLIII, September, 1933, PP- 399-413.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
ROBINSON, Joan
k parable on savings and investment," ECONOMICA,
February, 1933. Pp. 10.
BECKHART, B. H.
THE NEW YORK MONEY MARKET. VOL. I I I . USES OF FUNDS. New York: Columbia Univers i ty Pres
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
BOLPH, Earl
The discounted marginal productivity doctrine, JOURNAL OF POLITICAL ECONOMY, Vol. 47, No. 4, August, 1939, PP. 542-556.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
SALANT, William A.
Saving, Investment, and Stability, AMERICAN ECONOMIC REVIEW, SUPPLEMENT, vol. 46, May, 1956, pp. 87-96.
Discussion2 Lloyd Ulman and Lorie Tarshis, pp. 114-18.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
SAMUELSON, P. A.
Some aspects of the pure theory of capital, QUARTERLY JOURNAL OF ECONOMICS,
May, 1937.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
SAUNDERS, C. T.
The p a t t e r n of savings and inves tment , THE REVIEW OF ECONOMIC STUDIES, X X I I ( i i ) , No. 58, Feb. 1955.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
Iff Saving in^eBtmenlLJtlieQiy of money
Saving and investment:definitions, assumptions, objectives. (In: Quarterly Journal of Economics, August 1939,p#611-644.)
Discussion by several people of the Keynes1
theory,Mr Lutzfs definitions and objections,of the the relation of savings and investment* sad the propensity to consume•
no other cards
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
SCHNEIDER, Erich
Saving and investment in a closed economy (1942), INTERNATIONAL ECONOMIC PAPERS, ed. by A. T. Peacock, R. Turvey, H# £. Houthakker, F. A. Lutz, and Eliabeth Henderson. New York; The Macmillan Co., Vol. 1, 1951.
Swedish theory of S/l
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
SHENOY, B. R.
The classical theory of saving, INDIAN JOUPEAL OF ECONOMICS,
October, 194-7. pp. IX*
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
SMITHIES, Arthur
Behavior of money national income under inflationary conditions, QUARTERLY JOURNAL OF ECONOMICS, LVII, November, 1942, pp. 113-128.
Distinction between "normal" and "abnormal" savings
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
M Saving investment theory of money
Smithies, A* The ̂ ustrial theory of capital in relation
to partial equilibrium theory• (In:Quarterly Journal of Economics, Nov.l955fp.ll7-15Q)
On the basis of voluntary saving the effect of a change in the rati of interest depends directly on the relation between the change in the demand for the product and the change in the accumulated marginal cost of the factoryof production to the entrepreneur.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
TAKATA, Y.
Saving as the c o s t l e s s p r o c e s s , KYOTO UNIVERSITY ECONOMIC REVIEW,
December, 1933• Pp . 2 1 .
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
THEISS, Edward
Dynamics of saving and investment, ECONOMETRICA, Vol. 3, April, 1935, pp. 213-22-4.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
TOUT, Herbert
"Investment and Saving in Business Cycle Theory," ECONOMETRICA,
April, 1933-
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
TUCKER, Rufus S.
Capital money and revenue funds, THE AMERICAN ECONOMIC REVIEW, XXXII, September, 1942, pp. 468-485.
Saving/investment theory of Money
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
VILLARD, H. H.
D r - Mduligfe^ § est imates of savings and investment, AMERICAN ECONOMIC REVIEW, XXVII, September, 193% pp,
Moultonfs Theoretical Analysis, POLITICAL SCIENCE QUARTERLY,
September, 1938.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
M Saving investment theory of money
Villard, Henry Hilgard Dr. Moulton1 s estimates of saving and invest
ment, (In:American Economic Rev.,Sept.1957, p.479-489)
Criticism of the savings idea as incorporated in the four books by Brookings, on capital, consumption and production.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
VITO, Francesco
I I r i spa r imio fo rza to e l a t e o r i a d i c i c l i economici , RIVISTA INTERNAZIONALE DE SCIENEE SOMALI,
193 A.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
WALKER, E. Ronald
Saving and investment in monetary theory, ECONOMIC RECORD, IX,
1933, PP. 185-201.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
VALKER, E. Ronald
"Saving and investment in nonetary theory," ECONOMIC RECORD,
December, 1933. Pp. 17.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
VHITNEY, Simon N.
Do savings hamper prosperity? BANKERS MAGAZINE, November, 1933.
Pp. U.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
VARBURTON, Clark
Volume of savings, quantity of money, and business instability, JOURNAL OF POLITICAL ECONOMY, Vol. LV, No. 3, June, 1947, pp. 222-233.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
VAEBURTON, Clark
The Trend of Savings, 1900-1929, THE JOtJIlAL OF POLITICAL ECONOMI, Vol. XLIII, 1935, pp. 84-101.
Estimate of savings total and individuals' saving, 1914-29.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
VATKINS, 0. P.
"Economics of Saving," AMERICAN ECONOMIC REVIEW, m i l , March, 1933, pp. 61-Sl.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
WOLFE, A* B.
Savers1 Surplus and the Interest Rate, QUARTERLY JOURNAL OF ECONOMICS,
November, 1920.
Pp. 35.
A study of the sources of savings, of the psychology of saving, and of the magnittide and importance of the saver1 s surplus* The facts suggest scepticism about any theory based upon fhedonistic marginalism,1
Abstract by Walton H. Hamilton, AMERICAN ECONOMIC REVIEW, XI, March, 1921, p. 151.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis