Inaug.-Diss.--Basel. / Bibliography: p. 136-137.

Inaug.-Diss.--Basel. / Bibliography: p. 136-137.

No description available.

No description available.

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Cheung Ho Sang. / Thesis (M.Phil.)--Chinese University of Hong Kong, 2004. / Includes bibliographical references (leaves 185-187). / Abstracts in English and Chinese. / Curriculum Vitae --- p.ii / Acknowledgments --- p.iii / Abstract --- p.v / Table of Contents --- p.viii / Chapter Chapter 1. --- Introduction --- p.1 / Chapter Chapter 2. --- The behavior of income velocity of money --- p.3 / Chapter 2.1 --- Introduction --- p.3 / Chapter 2.2 --- Literature Review --- p.4 / Chapter 2.3 --- Data Description --- p.9 / Chapter 2.4 --- Methodology --- p.9 / Chapter 2.5 --- Empirical Result --- p.16 / Chapter 2.6 --- Conclusion --- p.26 / Chapter Chapter 3. --- The behavior of equity premium --- p.106 / Chapter 3.1 --- Introduction --- p.106 / Chapter 3.1 --- Literature Review --- p.106 / Chapter 3.2 --- Data Description --- p.112 / Chapter 3.3 --- Methodology --- p.112 / Chapter 3.4 --- Empirical Result --- p.120 / Chapter 3.5 --- Conclusion --- p.130 / Data Appendices --- p.182 / Bibliography --- p.185

Thesis (Ph. D.)--University of Chicago, Dept. of Economics, August 1997. / Includes bibliographical references. Also available on the Internet.

Thesis (M.A.)--Virginia Polytechnic Institute and State University, 1990. / Abstract. Also available via the Internet.

In tests performed for the period 1897 to 1958, Milton Friedman and David Meiselman found that income velocity of circulation of money was consistently more stable than the investment multiplier except during the early years of the Great Depression. This paper replicates their test for the period 1959 to 1986. The results for this later period are consistent with the Friedman-Meiselman findings. The stock of money remains the more stable and consistent influence on consumption; autonomous expenditures do not influence consumption during any sub-period studied. The money stock remains far more critical than autonomous expenditures in explaining movements in consumption. The replication consists of a series of regression equations for consumption expenditures as a function of the stock of money and of autonomous expenditures. Data in both nominal and real terms are used. Data are lagged five quarters to test the effect on consumption. / Master of Arts