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Stocks, Flows and Monetary Theory

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  • William J. Baumol

Abstract

I. The double (stock-flow) equilibrium condition, 46. — II. On the Patinkin dichotomization argument, 47. — III. … And liquidity preference vs. loanable funds, 49. — Appendix: The excess demand for stocks, 53.

Suggested Citation

  • William J. Baumol, 1962. "Stocks, Flows and Monetary Theory," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 76(1), pages 46-56.
    • Handle: RePEc:oup:qjecon:v:76:y:1962:i:1:p:46-56.
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    File URL: http://hdl.handle.net/10.2307/1891130
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    Cited by:

    1. Olivier Weinstein, 2012. "Managerial Theories: Baumol and Marris," Chapters, in: Michael Dietrich & Jackie Krafft (ed.), Handbook on the Economics and Theory of the Firm, chapter 9, Edward Elgar Publishing.
    2. Romain Plassard, "undated". "The origins, development, and fate of Clower’s ‘stock-flow’ general-equilibrium program," Center for the History of Political Economy Working Paper Series 2016-16, Center for the History of Political Economy.
    3. Chatrath, Arjun & Miao, Hong & Ramchander, Sanjay & Wang, Tianyang, 2016. "An examination of the flow characteristics of crude oil: Evidence from risk-neutral moments," Energy Economics, Elsevier, vol. 54(C), pages 213-223.

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