References in the text to articles in the Bank of England Quarterly Bulletin are referred to with the date only (as ‘BEQB 1985’) and generally are not listed separately below. However, where an author's name was given, articles are referred to in the text by name and are included in the Bibliography.
Allen, W. A. (1982), ‘Intermediation and pure liquidity‐creation in banking systems’, Greek Economic Review.
Artis, M. J., and Lewis, M. K. (1981), Monetary Control in the United Kingdom, Oxford, Philip Allan.
Bain, A. D. (1970), The Control of the Money Supply, Harmondsworth, Penguin.
Bank of England (1984), The Development and Operation of Monetary Policy, 1960–1983: A Selection of Material from the Quarterly Bulletin of the Bank of England, Oxford, Clarendon Press.
Barro, R. J. (1974), ‘Are government bonds net wealth?’, Journal of Political Economy.
—— and Gordon, D. B. (1983), ‘A positive theory of monetary policy in a natural rate model’, Journal of Political Economy.
Blackaby, F., et al. (1978), British Economic Policy 1960–74, Cambridge, Cambridge University Press.
Blanchard, O., and Watson, M. (1982), Bubbles, Rational Expectations and Financial Markets, Harvard Institute of Economic Research Discussion Paper 877.
Blinder, A. S. and Solow, R. M. (1974), ‘Analytical foundations of fiscal policy’, in The Economics of Public Finance, Washington, Brookings Institution.
Boléat, M. (1982), The Building Society Industry, London, Allen & Unwin.
Britton, A. J. C. (1983), ‘Public sector borrowing’, National Institute Economic Review.
Buiter, W. H. (1977), ‘Crowding out and the effectiveness of fiscal policy’, Journal of Public Economics.
—— (1985), ‘Government deficits reinterpreted’, Economic Policy.
—— and Miller, M. (1981a), ‘Monetary policy and international competivity: the problems of adjustment’, Oxford Economic Papers (Supplement).
—— and Miller, M. (1981b), ‘The Thatcher experiment: the first two years’, Brookings Papers on Economic Activity.
—— and Miller, M. (1983), ‘Changing the rules: economic consequences of the Thatcher regime’, Brookings Papers on Economic Activity.
—— and Tobin, J. (1979), ‘Debt neutrality: a brief review of doctrine and evidence’, in G. M. von Furstenberg (ed.), Social Security versus Private Savings, Cambridge, Mass., Ballinger.
Capie, F., and Webber, A. (1985), A Monetary History of the United Kingdom 1870–1982, Vol. I, London, Allen & Unwin.
(p.250) Cooke, W. P. (1985), ‘Some current concerns of a banking supervisor’, Bank of England Quarterly Bulletin.
Culbertson, J. M. (1968), Macroeconomic Theory and Stabilisation Policy, New York, McGraw‐Hill.
Currie, D. A. (1981), ‘Monetary and Fiscal Policy and the Crowding‐out Issue’, in M. J. Artis and M. M. Miller (eds.), Essays in Fiscal and Monetary Policy, Oxford University Press.
Cuthbertson, K. (1985), The Supply and Demand for Money, Oxford, Basil Blackwell.
Davis, E. P. (1984), ‘The consumption function in macroeconomic models: a comparative study’, Applied Economics.
—— and Saville, I. D. (1982), ‘Mortgage lending and the housing market’, Bank of England Quarterly Bulletin.
Domar, E. D. (1944), ‘The burden of the debt and the national income’, American Economic Review.
Dornbusch, R. (1976), ‘Expectations and exchange rate dynamics’, Journal of Political Economy.
Dow, J. C. R. (1964), The Management of the British Economy 1945–60, Cambridge University Press.
—— (1986), ‘Trade unions and inflation’, Lloyds Bank Review.
Drayson, S. J. (1985), ‘The housing finance market: recent growth in perspective’, Bank of England Quarterly Bulletin.
Duck, N. W., and Sheppard, D. K. (1978), ‘A proposal for the control of the UK money supply’, Economic Journal.
Easton, W. W. (1985), The Importance of Interest Rates in Five Macroeconomic Models, Bank of England Technical Paper no. 24.
Farmer, R. (1984), ‘Bursting bubbles’, Journal of Monetary Economics.
Fforde, J. S. (1982), ‘Setting monetary objectives’, in Central Bank Views on Monetary Targetting, New York, Federal Reserve Bank of New York: reprinted in Bank of England Quarterly Bulletin, 1983, and in Bank of England (1984).
Fleming, J. M. (1962), ‘Domestic financial policies under fixed and floating exchange rates’, IMF Staff Papers, November; reprinted in Fleming (1972).
—— (1972), Essays in International Economics, London, Allen & Unwin.
Flood, R. P., and Garber, P. M. (1982), ‘Market fundamentals versus price‐level bubbles: the first tests’, Journal of Political Economy.
Foot, M. D. K. W., Goodhart, C. A. E., and Hotson, A. C. (1979), ‘Monetary base control’, Bank of England Quarterly Bulletin; reprinted (without appendix) in Goodhart (1984).
Forsyth, P. J., and Kay, J. A. (1980), ‘The economic implications of North Sea oil revenues’, Journal of the Institute for Fiscal Studies.
Frankel, J. A., and Johnson, H. G. (eds.) (1976), The Monetary Approach to the Balance of Payments, London, Allen & Unwin.
Friedman, M. (1956), ‘The quantity theory of money’, in M. Friedman, Studies in the Quantity Theory of Money, Chicago, University of Chicago Press.
—— (1980), Memorandum submitted to Treasury and Civil Service Committee, included in Treasury and Civil Service Committee (1980). (p.251)
—— and Schwartz, A. J. (1982), Monetary Trends in the United States and the United Kingdom: Their Relation to Income, Prices, and Interest Rates, 1967–1975, Chicago, University Press.
Gale, D. (1982), Money: in Equilibrium, Welwyn Garden City, James Nisbet.
Gardener, E. P. M. (ed.) (1986), UK Banking Supervision: Evolution, Practice and Issues, London, Macmillan.
Goldsmith, R. (1969), Financial Structure and Development, New Haven, Yale University Press.
Goodhart, C. A. E. (1984), Monetary Theory and Practice: The UK Experience, London, Macmillan.
—— (1986), ‘Financial innovation and monetary control’, Oxford Review of Economic Policy.
Gowland, D. (1982), Controlling the Money Supply, London, Croom Helm.
Greenwell Associates (1980), Special Monetary Bulletin: Monetary Base Control, London, Greenwell.
Griffiths, B. (1979), ‘The reform of monetary control in the United Kingdom’, Annual Monetary Review, no. 1, London, City University Centre for Banking and International Finance.
Gurley, J. G., and Shaw, E. S. (1960), Money in a Theory of Finance, Washington, Brookings Institution.
Hacche, G., and Townend, J. C. (1981), ‘Exchange rates and monetary policy: modelling sterling's effective exchange rate’, Oxford Economic Papers.
Hendry, D. F. (1985), ‘Monetary economic myth and economic reality’, Oxford Review of Economic Policy.
—— and Ericsson, N. R. (1983), ‘Assertion without empirical basis: an econometric appraisal of Friedman and Schwartz's Monetary Trends in . . . the United Kingdom’, Bank of England panel of Academic Consultants Paper no. 22, London, Bank of England.
Hicks, J. R. (1937), ‘Mr Keynes and the “Classics”: a suggested interpretation’, Econometrica.
—— (1939), Value and Capital, Oxford, Clarendon Press.
—— (1981), ‘IS–LM: an explanation’, Journal of Post‐Keynesian Economics.
Jaffee, D. M. (1971), Credit Rationing and the Commercial Loan Market, New York, John Wiley.
Kaldor, N. (1980), ‘Monetary policy in the United Kingdom’, in Memoranda on Monetary Policy: Evidence to Treasury and Civil Service Committee; reprinted in Kaldor (1986).
—— (1986), The Scourge of Monetarism (2nd edn), Oxford University Press.
Kareken, J. H. (1986), ‘Federal bank regulatory policy: a description and some observations’, Journal of Business.
Keynes, J. M. (1930), A Treatise on Money, London, Macmillan.
—— (1936), The General Theory of Employment, Interest, and Money. London, Macmillan.
—— (1937), ‘Alternative theories of the rate of interest’, Economic Journal.
Knight, F. H. (1921), Risk, Uncertainty, and Profit, Boston, Houghton Mifflin; reprinted 1933, London School of Economics.
Kohn, M. (1981), ‘A loanable funds theory of unemployment and monetary disequilibrium’, American Economic Review. (p.252)
Laidler, D. (1984), ‘The “buffer stock” notion in monetary economics’, Economic Journal (Supplement).
Layard, K., and Nickell, S. (1985), ‘The causes of British unemployment’, National Institute Economic Review.
Lerner, A. P. (1948), ‘The burden of the national debt’, in Income, Employment, and Public Policy: Essays in Honor of Alvin H. Hansen, New York, W. W. Norton.
Lutz, F. A., and Mints, L. W. (eds.) (1951), Readings in Monetary Theory, Philadelphia, Blakeston.
Matthews, R. C. O., Feinstein, C. M., and Odling‐Smee, J. C. (1982), British Economic Growth, 1856–1973, Oxford, Clarendon Press.
Mayer, C. (1986), ‘Financial innovation: curse or blessing’, Oxford Review of Economic Policy.
Meade, J. E. (1934), ‘The amount of money and the banking system’, Economic Journal.
Meyer, L. M. (1980), ‘Financing constraints and the short‐run response to fiscal policy’, Federal Reserve Bank of St Louis Review.
Modigliani, F. (1945), ‘Liquidity preference and the theory of interest and money’, Econometrica; reprinted in Lutz and Mints (1951).
Moore, B. J., and Threadgold, A. R. (1980), Bank Lending and the Money Supply, Bank of England Discussion Paper no. 10.
Mundell, R. A. (1968), International Economics, London, Macmillan.
Odling‐Smee, J., and Riley, C. (1985), ‘Approaches to the PSBR’, National Institute Economic Review.
Okina, K. (1985), Empirical Tests of Bubbles in the Foreign Exchange Market, Bank of Japan Monetary and Economic Studies.
Poole, W. (1970), ‘Optimal choice of monetary policy instruments in a simple stochastic macro model’, Quarterly Journal of Economics.
Reid, M. (1982), The Secondary Bank Crisis, 1973–75, London, Macmillan.
Robinson, J. (1952), The Rate of Interest, London, Macmillan.
Rogoff, K. (1985), ‘The optimal degree of commitment to an intermediate monetary target’, Quarterly Journal of Economics.
Rose, H. (1986), ‘Change in financial innovation in the UK’, Oxford Review of Economic Policy.
Sargent, T. J., and Wallace, N. (1975), ‘ “Rational” expectations, the optimal monetary instrument and the optimal money supply rule’, Quarterly Journal of Economics.
Saville, I. D., and Gardiner, K. L. (1986), ‘Stagflation in the UK since 1970: a model‐based explanation’, National Institute Economic Review.
Sayers, R. S. (1957), Central Banking After Bagehot, Oxford University Press.
—— (1976), The Bank of England 1891–1914, Cambridge, University Press.
Spencer, P. D. (1986), Financial Innovation, Efficiency, and Disequilibrium: Problems of Monetary Management in the United Kingdom 1971–81, Oxford, Clarendon Press.
Spencer, R. W., and Yohe, W. P. (1970), ‘The “crowding out” of private expenditures by fiscal policy actions’, Federal Reserve Bank of St Louis Review. (p.253)
Stiglitz, J. E., and Weiss, A. (1981), ‘Credit rationing in markets with imperfect information’, American Economic Review.
Tobin, J. (1963a), ‘Essay on the principles of debt management’, reprinted in Tobin (1971).
—— (1963b), ‘Commercial banks as creators of money’, in D. Carson, Banking and Monetary Studies; reprinted in Tobin (1971).
—— (1969), ‘A general equilibrium approach to monetary theory’, reprinted in Tobin (1971).
—— (1971), Essays in Economics, Vol. I: Macroeconomics, Amsterdam, North Holland.
—— (1980), Asset Accumulation and Economic Activity, Oxford, Basil Blackwell.
—— (1981), ‘Money and finance in the macroeconomic process’, Nobel Prize Lecture, Cowles Foundation Discussion Paper no. 613R, New Haven, Yale University.
—— and Brainard, W. C. (1977), ‘Asset markets and the cost of capital’, in R. Nelson and B. Belassa (eds.), Economic Progress: Private Values and Public Policy, Amsterdam, North Holland.
Treasury/Bank (1980), Green Paper on Monetary Control (Cmnd. 7858), London, HMSO.
Treasury and Civil Service Committee (1980), Memoranda on Monetary Policy, Session 1979–80, London, HMSO.
—— (1981), Report on Monetary Policy, Session 1981–81, London, HMSO.
Trundle, J. M. (1982a), The Demand for M1 in the UK, Bank of England Discussion Paper.
—— (1982b), ‘Recent changes in the use of cash’, Bank of England Quarterly Bulletin.
Tsiang (1956), ‘Liquidity preference and loanable funds theories, multiplier and velocity analyses: a synthesis’, American Economic Review.
—— (1966), ‘Walras' law, Say's law and liquidity preference in general equilibrium analysis’, International Economic Review.
US Federal Reserve System (1980), Memorandum submitted to Treasury and Civil Service Committee, included in Treasury and Civil Service Committee (1980).
Vines, D., Maciejowski, J., and Meade, J. E. (1983), Demand Management, Vol. 2: Stagflation, London, Allen & Unwin.
Wadhwani, S. (1984), Are Exchange Rates Excessively Volatile?, London School of Economics Centre for Labour Economics Discussion Paper 198.
Walters, A. (1986), Britain's Economic Renaissance: Margaret Thatcher's Reforms, 1979–1984, New York and Oxford, Oxford University Press.
Wicksell, K. (1898), Interest and Prices: A Study of the Causes Regulating the Value of Money, English version 1936, London, Macmillan.
Williamson, J. (1983), The Open Economy and the World Economy: A Textbook in International Economics, New York, Basic Books.
—— (1985), The Exchange Rate System (2nd edn), Washington, Institute for International Economics. (p.254)
Wright, P. A. D. (1984), ‘Funding the public sector borrowing requirement: 1952–83’, Bank of England Quarterly Bulletin.