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Equilibrium Dynamics with Heterogeneous Capital Goods

Frank Hahn
Quarterly Journal of Economics 1966 80(4), 633
Introduction, 633. — The assumption, 634. — Notation, 634. — The model, 635. — Balanced growth, 637. — Momentary equilibrium, 638. — Two capital goods, 641. — Some comments, 644.

A Summing Up

Paul A. Samuelson
Quarterly Journal of Economics 1966 80(4), 568
I. The simplest Austrian and more general models, 568. — II. Why reswitching can occur, 571. — III. Reswitching in a durable-machine model, 573. — IV. The well-behaved factor-price frontier, 574. — V. Unconventional relation of total product and interest, 576. — VI. Unconventional capital/output ratios, 577. — VII. Reverse capital deepening and denial of diminishing returns, 579. — VIII. Conclusion, 582.

A Model of the Demand for Money by Firms

Merton H. Miller; Daniel Orr
Quarterly Journal of Economics 1966 80(3), 413
I. Introduction, 413. — II. A model of cash flows and the costs of cash management for business firms, 416; assumptions underlying the model, 417; optimal values of the policy parameters, 420; some properties of the solution, 423; implications for the demand for money by firms, 425; extension to allow for non-zero drift, 427.— III. The applicability of the model, 429. — Appendix, 433.