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A FINANCIAL FRAMEWORK FOR ECONOMIC GROWTH.
- Source :
- Journal of Finance (Wiley-Blackwell); May61, Vol. 16 Issue 2, p202-225, 24p
- Publication Year :
- 1961
-
Abstract
- The article discusses a financial framework for economic growth in the United States. The article presents a unified financial counterpart to a long-term economic projection. Based on assumptions of varying rates of growth, a set of projections of economic activity in 1970 is presented. A "judgment" model will be selected based on the results of the projections. The article then introduces a theoretical framework that links levels of economic and financial activity. By using the "judgment" model as a reference, the pattern of relationships will be applied to a projection of assets and liabilities for the individual components of the financial network.
Details
- Language :
- English
- ISSN :
- 00221082
- Volume :
- 16
- Issue :
- 2
- Database :
- Complementary Index
- Journal :
- Journal of Finance (Wiley-Blackwell)
- Publication Type :
- Academic Journal
- Accession number :
- 6634249
- Full Text :
- https://doi.org/10.2307/2977970