Real and Monetary Factors in the Determination of Employment Levels

Vera Lutz

The Quarterly Journal of Economics, 1952, vol. 66, issue 2, 251-272

Abstract: Introduction, 251. — I. The role of monetary factors under three forms of wage policy, 252; A. The case of perfect competition in the product market, 252; B. The case of imperfect competition in the product market, 259. — II. Dependence on monetary factors of savings schedule, 262. — III. Dependence on monetary factors of real demand for cash balances, 269. — IV. Conclusions, 271.

Date: 1952
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