Allen Sinai
Biographic Data
| ID | 8879418 |
|---|---|
| NAME | Allen Sinai |
| GIVEN NAMES | Allen |
| FAMILY NAME | Sinai |
| SIGNATURE | SINAI A |
| VERIFIED | No |
| TOTAL WORKS | 3 |
| TOTAL CITATIONS | 0 |
| AUTHOR COUNT | 3 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 1972 |
| LATEST PUBLICATION YEAR | 1981 |
| H-INDEX | 0 |
Money and the Production Function
Real Money Balances
ln Q -0.1988 + 0.6922 ln L (2.8) (4.7) + 0.5896 In K 0.0223 In MF (4.3) (0.2) + 0.2106InMc + 0.0018T. (3.7) (0.4) R = 0.986 D.W. = 1.03 The results indicate that the real money balances held by firms seem to have no significant effect on output. The level of money held by consumers retains its significance. These results are again consistent with induced innovation approach but not with the production factor approach
Real Money Balances
SEVERAL writers have argued that real money balances are a factor of production.1 No one, however, has directly tested the hypothesis that real money balances are a factor input.2 The purpose of our paper is to report the results of such a test. We find that real money balances, regardless of definition, enter significantly in a Cobb-Douglas production function fitted to annual data over the period 1929-1967 for the private domestic sector of the…
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Real Money Balances
SEVERAL writers have argued that real money balances are a factor of production.1 No one, however, has directly tested the hypothesis that real money balances are a factor input.2 The purpose of our paper is to report the results of such a test. We find that real money balances, regardless of definition, enter significantly in a Cobb-Douglas production function fitted to annual data over the period 1929-1967 for the private domestic sector of the…
Real Money Balances
ln Q -0.1988 + 0.6922 ln L (2.8) (4.7) + 0.5896 In K 0.0223 In MF (4.3) (0.2) + 0.2106InMc + 0.0018T. (3.7) (0.4) R = 0.986 D.W. = 1.03 The results indicate that the real money balances held by firms seem to have no significant effect on output. The level of money held by consumers retains its significance. These results are again consistent with induced innovation approach but not with the production factor approach
Money and the Production Function
Economics (3 works) · Function (biology) (3 works) · Microeconomics (3 works) · Production (economics) (3 works) · Econometrics (2 works) · Economic Growth and Productivity (2 works) · Economic theories and models (2 works) · Economic Theory and Policy (2 works) · Mathematical economics (2 works) · Mathematics (2 works)