Skip to main content
SpringerLink
Log in

Asset stocks and flows in macroeconomic theory

  • Articles
  • Published:
Atlantic Economic Journal Aims and scope Submit manuscript

This is a preview of subscription content, log in via an institution to check access.

Access this article

Log in via an institution

Price excludes VAT (USA)
Tax calculation will be finalised during checkout.

Instant access to the full article PDF.

Institutional subscriptions

References

  1. R. J. Barro and H. Grossman, “A General Disequilibrium Model of Income and Employment,”American Economic Review, March 1971.

  2. W. Baumol, “The Transactions Demand for Cash: An Inventory Theoretic Approach,”Quarterly Journal of Economics, November 1952.

  3. A. Benavie, “Prices and Wages in the Complete Keynesian Model,”Southern Economic Journal, April 1972.

  4. __, “Policy Impact Multipliers and the Budget Constraint,”Metroeconomica, September–December 1973.

  5. W. H. Branson,Macroeconomic Theory and Policy, Harper and Row, New York, 1972.

    Google Scholar 

  6. C. F. Christ, “A Simple Macroeconomic Model with a Government Budget Restraint,”Journal of Political Economy, January 1968.

  7. R. Clower, “The Keynesian Counter-Revolution: A Theoretical Appraisal,” inThe Theory of Interest Rates, F. Hahn and F. P. R. Brechling, eds., London, 1965.

  8. D. K. Foley and M. Sidrauski, “Portfolio Choice, Investment and Growth,”American Economic Review, March 1970.

  9. B. Hansen,A Survey of General Equilibrium Systems, McGraw-Hill, New York, 1970.

    Google Scholar 

  10. __, “On the Effects of Fiscal and Monetary Policy: A Taxonomic Discussion,”American Economic Review, September 1973.

  11. D. J. Ott and A. F. Ott, “Budget Balance and Equilibrium Income,”The Journal of Finance, March 1965.

  12. M. H. Miller and D. Orr, “A Model of the Demand for Money by Firms,”Quarterly Journal of Economics, August 1966.

  13. Y. C. Park, “The Transmission Process and the Relative Effectiveness of Monetary and Fiscal Policy in a Two-Sector Neoclassical Model,”Journal of Money, Credit and Banking, June 1973.

  14. D. Patinkin,Money, Interest and Prices, Harper and Row, New York, 1965.

    Google Scholar 

  15. L. S. Ritter, “Some Monetary Aspects of Multiplier Theory and Fiscal Policy,”Review of Economic Studies, XXIII (2), 61, 1955–56.

    Google Scholar 

  16. Paul Samuelson,Foundations of Economic Analysis, Atheneum, New York, 1965.

    Google Scholar 

  17. T. Sargent and N. Wallace, “Market Transaction Costs, Asset Demand Functions, and the Relative Potency of Monetary and Fiscal Policy,”Journal of Money, Credit and Banking, May 1971.

  18. __, and D. Henderson, “Monetary and Fiscal Policy in a Two-Sector Aggregative Model,”American Economic Review, June 1973.

  19. W. L. Silber, “Fiscal Policy in LM-IS Analysis: A Correction,”Journal of Money, Credit and Banking, November 1970.

  20. J. Tobin, “A General Equilibrium Approach to Monetary Theory,”Journal of Money, Credit and Banking, February 1969.

  21. __, “The Interest-Elasticity of Transactions Demand for Cash,”Review of Economics and Statistics, August 1956.

Download references

Author information

Authors and Affiliations

  1. University of North Carolina, Chapel Hill

    Arthur Benavie

Authors
  1. Arthur Benavie
    View author publications

    You can also search for this author in PubMed Google Scholar

Additional information

The author is indebted to his colleagues in the Macro Theory Seminar for numerous constructive criticisms of an earlier version. He is especially grateful to R. T. Froyen, R. W. Pfouts, and C. W. Smith.

Rights and permissions

Reprints and permissions

About this article

Cite this article

Benavie, A. Asset stocks and flows in macroeconomic theory. Atlantic Economic Journal 4, 21–32 (1976). https://doi.org/10.1007/BF02304277

Download citation

  • Issue Date:

  • DOI: https://doi.org/10.1007/BF02304277

Keywords

Search

Navigation