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The Time Varying Response of Income to Changes in Monetary and Fiscal Policy
11 references·3 citing·42 second hop
The Time Varying Response of Income to Changes in Monetary and Fiscal Policy (1978)The Time Varying Response of Income to Ch…A Monetary History of the United States, 1867-1960 (2017)A Monetary History of the Uni…A Monetarist Model for Economic Stabilization (1986)A Monetarist Model for Econom…Rational expectations and the theory of economic policy (1976)Rational expectations and the…Interest Rates and Prices Since 1950 (1974)Interest Rates and Prices Sin…MONEY, INCOME, AND CAUSALITY (1972)MONEY, INCOME, AND CAUSALITYExpectations and the neutrality of money (1972)Expectations and the neutrali…The Dynamic Impacts of Autonomous Expenditures and the Monetary Base on Aggregate Income (1971)The Dynamic Impacts of Autono…Money and Income: Post Hoc Ergo Propter Hoc? (1970)Money and Income: Post Hoc Er…Comment on Tobin (1970)Comment on TobinMultiplier, Accelerator, and Liquidity Preference in the Determination of National Income in the United States (1967)Multiplier, Accelerator, and …Money and Business Cycles (1963)Money and Business CyclesPublic inputs and the pure theory of trade (1983)Public inputs and the pure th…The Term Structure of Inflationary Expectations and Market Efficiency (1980)The Term Structure of Inflati…Are the lags in the effects of monetary policy variable? (1979)Are the lags in the effects o…Investigating Causal Relations by Econometric Models and Cross-spectral Methods (1969)A Simple Estimator of Cointegrating Vectors in Higher Order Integrated Systems (1993)Automatic Lag Selection in Covariance Matrix Estimation (1994)Introductory Econometrics for Finance (2008)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets (1965)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)A RESPECIFIED TAX‐ADJUSTED FISHER RELATION (1986)A Program for Monetary Stability (1961)Rational Expectations and the Theory of Price Movements (1961)Aggregate Demand Management in Search Equilibrium (1982)The Role of Monetary Policy (1995)International Norm Dynamics and Political Change (1998)The Institutional Dynamics of International Political Orders (1998)Some International Evidence on Output-Inflation Tradeoffs. (1973)"Rational" Expectations, the Optimal Monetary Instrument, and the Optimal Money Supply Rule (1975)Econometric policy evaluation: A critique (1976)Rational expectations and the dynamic structure of macroeconomic models (1978)The Origins of Financial Openness: A Study of Current and Capital Account Liberalization (1997)Uncertainty, Risk, and the Financial Crisis of 2008 (2014)Mr. Keynes and the "Classics"; A Suggested Interpretation (1937)Interactions between the Multiplier Analysis and the Principle of Acceleration (1939)Capital Theory and Investment Behavior (1963)Optimal Stochastic Control of Linear Economic Systems (1970)Problems of economic policy from the viewpoint of optimal control (1971)Estimating the Marginal Productivity of Agricultural Pesticides: the Case of Tree‐Fruit Farms in the Okanagan Valley (1976)A Monetary History of the United States 1867-1960 (1964)Bank Runs, Deposit Insurance, and Liquidity (1983)Trends and random walks in macroeconomic time series (1988)Inside the Black Box: The Credit Channel of Monetary Policy Transmission (1995)Behavior of the money stock (1977)Chapter 21 Rules versus discretion in monetary policy (1990)Optimal Economic Policy and the Problem of Instrument Instability (2016)Comparison of Interwar and Postwar Business Cycles: Monetarism Reconsidered (1980)Markups and the Business Cycle (1991)Monetary Policy Strategy: Lessons from the Crisis (2011)Some Historical Evidence 1870-1933 on the Impact and International Transmission of Financial Crises (1985)Sustainability/CSR Research in Management Accounting: A Review of the Literature (2017)The impact of corporate social responsibility on firm financial performance: does audit quality matter? (2021)The Seasonal Cycle and the Business Cycle (1988)Monetary Policy in the Euro Area (2001)When is the Government Spending Multiplier Large? (2010)
this work references cited by second hop

References

  • 1972Expectations and the neutrality of money4,826 cited
  • 1972MONEY, INCOME, AND CAUSALITY3,013 cited
  • 2017A Monetary History of the United States, 1867-19602,467 cited
  • 1976Rational expectations and the theory of economic policy641 cited
  • 1963Money and Business Cycles623 cited
  • 1970Money and Income: Post Hoc Ergo Propter Hoc?298 cited
  • 1986A Monetarist Model for Economic Stabilization130 cited
  • 1970Comment on Tobin73 cited
  • 1967Multiplier, Accelerator, and Liquidity Preference in the Determination of National Income in the United States43 cited
  • 1974Interest Rates and Prices Since 195022 cited
  • 1971The Dynamic Impacts of Autonomous Expenditures and the Monetary Base on Aggregate Income20 cited

Cited by

  • 1980The Term Structure of Inflationary Expectations and Market Efficiency27 cited
  • 1979Are the lags in the effects of monetary policy variable?15 cited
  • 1983Public inputs and the pure theory of trade13 cited

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