G S Laumas
Biographic Data
| ID | 459067 |
|---|---|
| NAME | G S Laumas |
| GIVEN NAMES | G S |
| FAMILY NAME | Laumas |
| SIGNATURE | LAUMAS G S |
| AFFILIATIONS | Illinois State University |
| VERIFIED | No |
| TOTAL WORKS | 11 |
| TOTAL CITATIONS | 0 |
| WORKS AS AUTHOR | 11 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 1971 |
| LATEST PUBLICATION YEAR | 1984 |
| H-INDEX | 0 |
Anticipated Fiscal Policy and Real Output
The Stability of the Demand for Money
Recent studies by Enzler, Johnson, and Paulus (1976), and Goldfeld (1976) have offered extensive evi. dence consistent with the claim that the demand for money function has shifted. In particular, both of these studies find that specifications of the demand for money equation, when fitted beyond 1973 consistently overpredict the actual demand for money and that the forecast errors are large. However, a recent paper by Hamburger (1977), using an a…
Role of Wealth in Consumption
THE primary purpose of this work is to conduct an empirical investigation concerning the role of in consumption, and to test a few postulates of the wealth theories of consumption. The opportunity for such an investigation is provided by the recent publication by Kendrick (1976) of annual data on human and nonhuihan for the United States for the period 1929-69. Specifically, the paper (a) provides estimates of a consumption function in which a va…
Discount Rate and Wealth
The Stability of the Demand for Money
Macroeconomic Alternatives
Human and Nonhuman Wealth in Demand-for-Money Functions
Using Kendrick's recently published data on human and nonhuman wealth in the United States, log-linear money demand functions of the "partial adjustment" variety are estimated by introducing in each nonhuman, total, or human wealth as the scale or the "constraint" variable. It is found that the long-run elasticity of money demand with respect to nonhuman wealth is somewhat larger than that with respect to total wealth, and the elasticity with res…
A Test of the Stability of the Demand for Money
The Stability of the Demand for Money Function
The Speculative Demand for Money
The speculative demand for money has occupied an important role in Keynes' General Theory. Since then it has received only sporadic attention. The lack of sustained interest among specialists in monetary theory is largely due to the fact that the theory, in its original form, has usually failed to survive the empirical tests. In this paper, an attempt is made to estimate the speculative demand for money using the general framework of the "Efficie…
The Effectiveness of Corporate Tax Increases As an Anti-inflationary Policy
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The Effectiveness of Corporate Tax Increases As an Anti-inflationary Policy
The Stability of the Demand for Money Function
The Speculative Demand for Money
The speculative demand for money has occupied an important role in Keynes' General Theory. Since then it has received only sporadic attention. The lack of sustained interest among specialists in monetary theory is largely due to the fact that the theory, in its original form, has usually failed to survive the empirical tests. In this paper, an attempt is made to estimate the speculative demand for money using the general framework of the "Efficie…
A Test of the Stability of the Demand for Money
The Stability of the Demand for Money
Macroeconomic Alternatives
Human and Nonhuman Wealth in Demand-for-Money Functions
Using Kendrick's recently published data on human and nonhuman wealth in the United States, log-linear money demand functions of the "partial adjustment" variety are estimated by introducing in each nonhuman, total, or human wealth as the scale or the "constraint" variable. It is found that the long-run elasticity of money demand with respect to nonhuman wealth is somewhat larger than that with respect to total wealth, and the elasticity with res…
Discount Rate and Wealth
The Stability of the Demand for Money
Recent studies by Enzler, Johnson, and Paulus (1976), and Goldfeld (1976) have offered extensive evi. dence consistent with the claim that the demand for money function has shifted. In particular, both of these studies find that specifications of the demand for money equation, when fitted beyond 1973 consistently overpredict the actual demand for money and that the forecast errors are large. However, a recent paper by Hamburger (1977), using an a…
Role of Wealth in Consumption
THE primary purpose of this work is to conduct an empirical investigation concerning the role of in consumption, and to test a few postulates of the wealth theories of consumption. The opportunity for such an investigation is provided by the recent publication by Kendrick (1976) of annual data on human and nonhuihan for the United States for the period 1929-69. Specifically, the paper (a) provides estimates of a consumption function in which a va…
Anticipated Fiscal Policy and Real Output
Economics (11 works) · Monetary economics (6 works) · Monetary Policy and Economic Impact (6 works) · Computer Science (5 works) · Economic theories and models (5 works) · Fiscal Policy and Economic Growth (5 works) · Keynesian economics (5 works) · Demand for money (4 works) · Economic Theory and Policy (4 works) · Monetary policy (4 works)