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The Behavior of Money National Income Under Inflationary Conditions

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  • A. Smithies

Abstract

The problem, 113. — Definitions and assumptions, 114. — The Keynesian method: the upper limit, 115; the speed, 119; the influence of exogenous factors, 120. — The Tinbergian method: the question of limit, 121; of speed, 125. — Numerical example, 126. — Conclusion, 127.

Suggested Citation

  • A. Smithies, 1942. "The Behavior of Money National Income Under Inflationary Conditions," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 57(1), pages 113-128.
  • Handle: RePEc:oup:qjecon:v:57:y:1942:i:1:p:113-128.
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    File URL: http://hdl.handle.net/10.2307/1881815
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    Cited by:

    1. Kibritçioğlu, Aykut, 2002. "Causes of Inflation in Turkey: A Literature Survey with Special Reference to Theories of Inflation," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, pages 43-76.
    2. James Tobin, 1983. "Macroeconomics Under Debate," Cowles Foundation Discussion Papers 669, Cowles Foundation for Research in Economics, Yale University.
    3. Leonardo Vera, 2005. "Can Recession Feed Inflation? A Conflicting Claims Framework," Review of Political Economy, Taylor & Francis Journals, vol. 17(4), pages 513-531.
    4. Nyoni, Thabani, 2018. "Modeling and Forecasting Inflation in Zimbabwe: a Generalized Autoregressive Conditionally Heteroskedastic (GARCH) approach," MPRA Paper 88132, University Library of Munich, Germany.
    5. T. Van Cott, 2012. "Milton Friedman and the Genesis of Inflation Tax Analysis," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 18(3), pages 315-319, August.
    6. Enrico Sergio Levrero, 2018. "An initial ‘Keynesian illness’? Friedman on taxation and the inflationary gap," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 42(5), pages 1219-1237.
    7. T. Norman Van Cott & Gary J. Santoni, 1976. "Consumption-Based Private To Public Redistribution During Inflation," Public Finance Review, , vol. 4(4), pages 453-464, October.
    8. USMAN AFRIDI & AsGHAR QADIR & JAVED ZAKI, 1984. "Effects of Dual Sector Inflation Across Income Levels in Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 23(2-3), pages 381-392.
    9. James Tobin, 2019. "Cycles in macroeconomic theory," Indian Economic Review, Springer, vol. 54(1), pages 159-178, December.
    10. James Forder & Hugo Monnery, 2019. "Why Did Milton Friedman Win the Nobel Prize? A Consideration of His Early Work on Stabilization Policy," Econ Journal Watch, Econ Journal Watch, vol. 16(1), pages 130–145-1, March.
    11. Michael C. Lovell, 1960. "Forced Saving in a Keynesian Economy: An Analysis of Demand-Pull Inflation," Cowles Foundation Discussion Papers 90R, Cowles Foundation for Research in Economics, Yale University.

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