Journal Article The Velocity of Circulation of Goods: An Explanation Get access Raymond H. Lounsbury Raymond H. Lounsbury University of Illinois Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 48, Issue 4, August 1934, Pages 767–768, https://doi.org/10.2307/1883553 Published: 01 August 1934

Journal Article Velocity of Circulation of Goods Get access Raymond H. Lounsbury Raymond H. Lounsbury University of Illinois Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 47, Issue 3, May 1933, Pages 545–547, https://doi.org/10.2307/1883985 Published: 01 May 1933

Journal Article Velocity Concepts: A Reply Get access Raymond H. Lounsbury Raymond H. Lounsbury University of Illinois Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 46, Issue 3, May 1932, Pages 569–574, https://doi.org/10.2307/1883404 Published: 01 May 1932

I. Introduction. Three concepts of velocity defined. — Various senses in which the term price level is used, 36. — II. Turnover of Media. Use of the turnover concept by Irving Fisher, J. M. Keynes, and R. G. Hawtrey, 37. — The neutralization of changes in turnover of media by changes in turnover of commodities, services, and securities, 44. — Support for this a priori contention found in the statistical studies of Carl Snyder, 48. — III. The Balance Concept of Velocity. Use of the concept by Irving Fisher, J. M. Keynes, and R. G. Hawtrey, 52. — Objections to the use of the concept, 55. — IV. The Expenditure Ratio. The relative merits of the expenditure ratio concept and the balance concept, 59. — The probability of the practical occurrence of changes in the expenditure ratio, 61. — Antithetical movements of consumers' and the business expenditure ratio, 63. — Exact neutralization of changes in expenditure ratios by changes in the other factors of the equation possible but improbable, 65.