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Journal Article
History of Political Economy (1995) 27 (4): 687–703.
Published: 01 November 1995
... of 1988 Resolutions . Research Paper No. 160. Office of Policy and Economic Research, Federal Home Loan Bank Board. Barth , James R. , and Michael G. Bradley 1989 . Thrift Deregulation and Federal Deposit Insurance. Journal of Financial Services Research 12 : 231 -16. Blocker , G. John...
Journal Article
History of Political Economy (2014) 46 (suppl_1): 1–12.
Published: 01 December 2014
... or students, have attracted scholars from around the world. After Paul Samuelson’s death in December 2009, his papers were deposited in the EPP and quickly became a magnet for historians of economics. In response, I invited a select group of scholars to consider a variety of projects exploring MIT’s role...
Journal Article
History of Political Economy (2009) 41 (3): 445–470.
Published: 01 September 2009
... I argue that Ramsey did have an economics research agenda, born out of his close relationship with Arthur Cecil Pigou. I support my thesis mostly with an archival evidence not explored thus far: some notes deposited at the University of Pittsburgh, here published for the first time...
Journal Article
History of Political Economy (2019) 51 (2): 259–296.
Published: 01 April 2019
... requirements against demand deposits, and the embedding of monetary-policy rules in legislation. This paper assesses departmental memoranda, correspondence, and published material to document the development of core characteristics that left the Chicagoans well-placed to resist the Keynesian revolution...
Journal Article
History of Political Economy (1988) 20 (2): 299–308.
Published: 01 June 1988
... . ‘The theory of multiple expansion of deposits: what it is and whence it came.’ Annual Report, Federal Reserve Bank of Richmond. Johnson , Ivan C. , and William W. Roberts, 1982 . Money and banking . Chicago. Mints , Lloyd W. 1945 . A history of banking theory . Chicago. Phillips...
Journal Article
History of Political Economy (1985) 17 (2): 265–285.
Published: 01 June 1985
... . Keynesian economics in the stream of economic thought . Baton Rouge, La. Miller , Edward M. 1984a . ‘An extension of the economics of Keynes to the U.S.’ Southern Economic Journal , Jan.: 781 -801. Miller , Edward M. 1984b . ‘Bank deposits in the economics of Keynes.’ Journal of Money...
Journal Article
History of Political Economy (2002) 34 (1): 31–53.
Published: 01 March 2002
...: Constable. Humphrey, T. M. 1987 . The Theory of Multiple Expansion of Deposits: What It Is and Whence It Came. Economic Review 3 -11. Keynes, J. M. 1930 . A Treatise on Money . London: Macmillan Lawrence, J. S. 1928 . Borrowed Reserves and Bank Expansion. Quarterly Journal of Economics 42...
Journal Article
History of Political Economy (1976) 8 (1): 33–43.
Published: 01 March 1976
... a further decision for him to make. For he can own wealth by holding it either in the form of money (or the liquid equivalent of money) or in other forms of loan or real capital. This second decision might be conveniently described as the choice . . . between “bank deposits...
Journal Article
History of Political Economy (1982) 14 (1): 65–88.
Published: 01 March 1982
... measures of such monetary aggregates as cur- rency and deposits had long been available, the double-entry underpin- nings necessary to show the determinants of the stock of money did not come into place until the 1940s. In Section IV we look at some research by Irving Fisher and Willford...
Journal Article
History of Political Economy (1992) 24 (4): 867–894.
Published: 01 November 1992
... ([1845] 1969, 64, 96-97) or gold (67), or be converted into equivalent liabilities such as deposits (67, 92-93). Although this formulation of the law of reflux is unrelated to the real-bills doctrine, the law of reflux is routinely described as an equivalent, or trivially different, version...
Journal Article
History of Political Economy (1973) 5 (2): 285–316.
Published: 01 June 1973
... Deposits as a Forecaster of the General Wholesale Price Level.” Review of Economics and Statistics 8 (Jul. 1926 ): 120 -33. Working , Holbrook . “Prices and the Quantity of Circulating Medium, 1890–1921.” Quarterly Journal of Economics 37 (Feb. 1923 ): 228 -56. Young , Allyn...
Journal Article
History of Political Economy (1976) 8 (3): 324–340.
Published: 01 September 1976
... he and the country were then familiar. Thus, in a discussion elaborating upon the statement that “there are several qualifications, however, which must be attached to the assertion of a definite quan- titative relation between the growth of deposits and the basis of reserves”-a critical...
Journal Article
History of Political Economy (1975) 7 (2): 156–173.
Published: 01 June 1975
... commercial banking consisted primarily of lending on promissory notes and issuing paper money liabilities (bank notes). Until the Civil War, notes issued by state- chartered banks and metallic money (specie) constituted the major portion of the nation’s money stock, as demand deposits were...
Journal Article
History of Political Economy (1984) 16 (2): 311–326.
Published: 01 June 1984
... of a separation of issue from banking (1st and 2d eds. 1844 ). London. Torrens , R. 1840 . A Letter to Thomas Tooke, Esq., in reply to his objections against the separation of the business of the Bank into a Department of Issue, and a Department of Deposit and Discount: with a plan of bank reform...
Journal Article
History of Political Economy (2012) 44 (4): 595–618.
Published: 01 November 2012
... such as bank notes or demand deposits convertible at a one-to-one rate into money. The term demand debts is not explicitly employed in the writings, whereas the terms bank circulation and bank issues can be found. However, as will be seen, the concept of demand debts is clearly present...
Journal Article
History of Political Economy (1981) 13 (2): 285–299.
Published: 01 June 1981
... in making payments, though they used the word ‘money’ in a narrower sense. ‘Money’ was generally limited to metallic coins and circulating notes issued by governments, while bank credit used in making payments, in the form of banknotes or as deposits subject to transfer by check, were called...
Journal Article
History of Political Economy (1986) 18 (3): 383–404.
Published: 01 September 1986
... (and in 1860, he estimated that figure to be E500,OOO). However, the banks had between &2!h and 54 million on deposit at the Bank of England for these clearing purposes. He recommended the establishment of a common clearing fund which would release the large sums which were...
Journal Article
History of Political Economy (1977) 9 (4): 476–489.
Published: 01 November 1977
... univer- sally adopted the abstract money advocated by the antibullionists and opposed by the bullionists. Second, Peel’s Bank Act was really a dead letter by the time it was passed in 1844 because it ignored bank deposits, with the result that the “currency principle” of note issue...
Journal Article
History of Political Economy (1999) 31 (2): 361–391.
Published: 01 June 1999
... / The Banking School-Currency School Controversy 365 control the behavior of prices. The currency school did not deny that deposits and bills of exchange could affect prices, but argued that the quantity of such credit instruments depended on the quantity of cur- rency in circulation...
Journal Article
History of Political Economy (2002) 34 (3): 533–552.
Published: 01 September 2002
... of money and demand deposits. The banking system can influence the rate of spending only indirectly. It can, however, thru its control of demand deposits, control within wide limits the volume of the means of payment, and it can offset, to a large degree, changing rates of spending by changing...