Thesis (doctoral)--Universität Göttingen, 1761. / Reproduction of original from Kress Library of Business and Economics, Harvard University. Goldsmiths'-Kress no. 09702.2.

No abstract included. / Arts, Faculty of / Vancouver School of Economics / Graduate

This study examines the transactions demand for cash in several sectors of Canadian industry. In particular, the question of the existence of economies and diseconomies of scale in the holding of cash balances is investigated. In the estimation procedure, sales were used as an approximation of transactions. Average cash balances were regressed on average annual sales figures for fourteen industrial groups in the years 1957, 1958 and 1960. Log and ordinary linear formulations were used. Regression coefficients indicated that in the majority of cases, elasticities of cash with respect to sales were approximately unity, as the Meltzer model of the demand for cash predicts. In three out of the forty-two cases, elasticities were significantly (at the .05 level) less than unity, indicating that the Baumol-Tobin models might be relevant in some cases. In five cases, elasticities significantly greater than unity were found. / Business, Sauder School of / Graduate

This study is concerned with the causal relationship between money, finance and growth. In the first chapter, some of the empirical research on the subject is discussed. It establishes evidence of a positive dependence between real and financial growth. The findings do not, however, explain the direction of causality. In the second and third chapters, the cause-effect relationship is therefore analyzed in theoretical terms. The theory is based on a barter system into which money, and subsequently direct and indirect financial markets, are introduced. The objective is to determine whether these innovations are likely to induce increases in the equilibrium growth rate of an economy. If either or both increase growth it follows that money and/or finance is causal. At the same time, these markets would acquire great practical significance for the development process. The analysis refutes the hypothesis of causality from money and financial markets to growth. Neither steady state growth rates can be shown to increase, nor savings rates. The sole significant effect of both innovations appears to be a rise in income-per-capita levels but not in their rates of growth. The concluding chapter uses the results of the theory for deriving policy recommendations for Thailand. At first, policy objectives are defined and their implications for the optimal savings ratio. Actual Thai data are then compared with the optimum condition and it is found that past performance may satisfy long-term savings objectives. The study concludes by estimating the relative size of output, due to inefficiency in the present structure and performance of the financial sector in Thailand. Existing inefficiencies are shown to be significant, thus necessitating policy changes. / Arts, Faculty of / Vancouver School of Economics / Graduate

No description available.

No description available.

Originally presented as the author's thesis, Zürich. / Bibliography: p. 159-162.

Originally presented as the author's thesis, Zürich. / Bibliography: p. 159-162.

Thesis (M. Soc. Sc.)--University of Hong Kong, 2007. / Title proper from title frame. Also available in printed format.

Thesis (Ph. D.)--University of Missouri-Columbia, 1998. / Typescript. Vita. Includes bibliographical references (leaves 181-185). Also available on the Internet.