Since the end of the second World War, the development of economic theory has proceeded in two paths: on the one hand there has been the task of consolidating the achievements of Keynesian doctrine and of welding the new aggregative concepts to the main body of neo-classical thought; on the other hand a vanguard of theorists has ventured into the little-explored territory of economic dynamics. As always, the systematic development of supporting historical and institutional data goes on behind the front-runners. This thesis is concerned mainly with the former of these developments. It deals with the monetary aspects of private investment in a single sector of the economy, and attempts to resolve certain differences between the traditional and the modern approaches to money matters. As such, it might be called a study in the applied theory of interest. Expressed otherwise, the thesis examines the financial mechanism by means of which the gap between savings and investment in the mortgage market was bridged in Great Britain. The most general conclusion drawn from the study is that the institutional framework distorted the allocation of loanable funds and served to impede the functioning of the price mechanism. This being the case, a monetary policy based on the assumption of a freely operating price system in the money market was bound to be unrealistic. The contributions of this thesis fall under three headings. [...]

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This research presents an overview of ethnic residential segregation in London, England, from 2001 to 2011 using four different methods of measurement. The purpose of the study was to both examine changes in the level of segregation among different ethnic groups between census dates and to compare various methods of measurement. Using the Index of Dissimilarity, Poulsen et al.'s (2001) typology classification and two different local statistics (Getis-Ord G* and Anselin Local Moran's I), the levels of concentration of the five main ethnic minority groups in London were measured for data from the 2001 and 2011 censuses. The five ethnic minority groups studied were: Black African, Black Caribbean, Indian, Pakistani and Bangladeshi. Of the five populations analyzed, only the Black Caribbean population showed any decrease in its overall level of segregation, while the other four all saw slight increases in segregation over the period. After comparing the four methods used, it was determined that while all offer a different perspective on the segregation of groups across space, the Anselin Local Moran's I statistic provides the most detailed result of variation in concentration across space.