relation between consumption, assets, income expectations

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.


BOULDING, K. E.

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


BEILL, Daniel H.

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


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*


COHEN, Morris

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


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


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


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,


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.


HABERLER, Gottfried

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


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.


HABERLER, Gottfried

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

Pp. 389, 499-500 on Pigou effect


HANSBt, AlYin H.

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


HANSEN, A. H.

The Pigouvian effect, JOURNAL OF POLITICAL ECONOMI,

Oct. 1951.


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


HART, Albert G.

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


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.


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.


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.


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*


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.


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


LUTZ, Vera

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


LYDALL, Harold

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


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)


MAKOWER, H. and MARSCHAK, J.

Assets, Prices and Monetary Theory, ECONQMICA,

August, 1938. Pp. 28.


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.


MARSCHAK, Jacob

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

Pp. 15.


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


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


McKEAN, Roland N.

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

investment-liquidity relation


MELVILLE, Leslie G.

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


MELVILLE, Les l ie G.

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


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.,


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.


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.


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.


ROBINSON, Roland I .

"Money Supply and Liquid Asset Fonaation,11

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


ROBINSON, Roland I .

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


ROY, A. D.

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


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


ROY, A. D.

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


ROY, A* D.

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


SIMMONS, E. C

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


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


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


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.


TOBIN, James

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


TOBIN, James

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

May, 1952, pp. 109-23.


VILLAED, Henry H.

A National Survey of Liquid Assets, FEDERAL RESERVE BULLETIN,

June, 1946, pp. 574.-580.


VEILER, E. T.

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


WEIGHT, D. M»-and L. A. Metzler

"Professor Metzler and the rate of interest,11

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


relation between consumption, assets, income expectations

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