SOME FURTHER INVESTIGATIONS OF DEMAND AND SUPPLY FUNCTIONS FOR MONEY

1964 ◽  
Vol 19 (2) ◽  
pp. 240-283 ◽  
Author(s):  
Karl Brunner ◽  
Allan H. Meltzer
1991 ◽  
Vol 13 (2) ◽  
pp. 175-183 ◽  
Author(s):  
Giovanni A. Caravale

The present note is a development of a paper I presented some four years ago at the 1987 meeting of the History of Economics Society (Caravale 1987), and that was later published in Rivista di Politico Economica in an expanded version (Caravale 1988). The aim of these two writings was to emphasize that—contrary to what is often maintained—demand conditions play a fundamental role in classical and classical-type theories. This role is different from that played by demand in neoclassical theories (where equilibrium prices are determined by demand and supply functions), and is so to speak “internal” to the theory of natural equilibrium since it is connected with the definition, for each situation, of the Smithian “point of effectual demand.” Before turning to the specific object of this note, let me recall very briefly the main points of the general thesis developed in the above-mentioned papers.


Econometrica ◽  
1963 ◽  
Vol 31 (4) ◽  
pp. 781
Author(s):  
Balder von Hohenbalken ◽  
Bjoern Thalberg

1982 ◽  
Vol 9 (2) ◽  
pp. 249-261 ◽  
Author(s):  
Dinesh K. Marothia ◽  
William E. Phillips

2019 ◽  
Vol 8 (1) ◽  
pp. 81-95
Author(s):  
Marwa Shibl Biltagy

Education provides good health, empowerment and employment to all people in the society. Accordingly, education can make a lifelong difference in individuals’ lives. It is proved that, on average, there is a positive relationship between each additional year of schooling and the income of an individual. The main objective of this paper is to estimate the demand and supply functions for schooling in Egypt using the data of the Egypt Labor Market Panel Survey 2012. It is estimated that the private rate of return to education is 4.5%. Moreover, the rate of return to the number of years of experience is 2.6%, i.e. each additional year of experience will increase the earnings of an individual by 2.6% on average. It is concluded that individuals from poor families have an increased likelihood of receiving financial aid, which decreases their discounting rate of interest.


1996 ◽  
Vol 64 (2) ◽  
pp. 189-207 ◽  
Author(s):  
J. W. NEVILE ◽  
B. BHASKARA RAO

Econometrica ◽  
1976 ◽  
Vol 44 (2) ◽  
pp. 387
Author(s):  
William E. Gibson

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