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Comment on Tobin

Author

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  • Milton Friedman

Abstract

I. The influence of money on business, 318. — II. Evidence for the independent influence of money on business, 320. — III. Tobin's two models, 322. — IV. The Friedman model, 325. — V. Conclusion, 326.

Suggested Citation

  • Milton Friedman, 1970. "Comment on Tobin," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 84(2), pages 318-327.
    • Handle: RePEc:oup:qjecon:v:84:y:1970:i:2:p:318-327.
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    File URL: http://hdl.handle.net/10.2307/1883017
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    Citations

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    Cited by:

    1. Hugh Rockoff, 2010. "On the Origins of A Monetary History," Chapters, in: Ross B. Emmett (ed.), The Elgar Companion to the Chicago School of Economics, chapter 7, Edward Elgar Publishing.
    2. Wafa Sahraoui & Rimvie Enoc Kabore, 2021. "The relationship between Corporate Social Responsibility and performance: the moderating effect of financial leverage," Working Papers hal-03503462, HAL.
    3. Kao, Erin H. & Yeh, Chih-Chuan & Wang, Li-Hsun & Fung, Hung-Gay, 2018. "The relationship between CSR and performance: Evidence in China," Pacific-Basin Finance Journal, Elsevier, vol. 51(C), pages 155-170.
    4. Edward Nelson, 2007. "Milton Friedman and U.S. monetary history: 1961-2006," Review, Federal Reserve Bank of St. Louis, vol. 89(May), pages 153-182.
    5. Hoje Jo & Maretno Harjoto, 2012. "The Causal Effect of Corporate Governance on Corporate Social Responsibility," Journal of Business Ethics, Springer, vol. 106(1), pages 53-72, March.
    6. Francisco Rosende, 2003. "Conducción de la Política Monetaria," Documentos de Trabajo 247, Instituto de Economia. Pontificia Universidad Católica de Chile..
    7. Kevin Hoover, 2004. "Milton Friedman?s Stance: The Methodology of Causal Realism," Working Papers 222, University of California, Davis, Department of Economics.
    8. Maretno Harjoto & Hoje Jo, 2015. "Legal vs. Normative CSR: Differential Impact on Analyst Dispersion, Stock Return Volatility, Cost of Capital, and Firm Value," Journal of Business Ethics, Springer, vol. 128(1), pages 1-20, April.
    9. Hsueh-Li HUANG & Lien-Wen LIANG & Yi-Ching SU CHU, 2022. "The Impact of Corporate Social Responsibility and Corporate Governance on Bank Efficiency. Comparative Analysis of Consolidated and Nonconsolidated Banks," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(3), pages 105-127, October.
    10. Hoje Jo & Yongtae Kim, 2008. "Ethics and Disclosure: A Study of the Financial Performance of Firms in the Seasoned Equity Offerings Market," Journal of Business Ethics, Springer, vol. 80(4), pages 855-878, July.
    11. Marek Loužek, 2012. "100 Years Since The Birth Of Milton Friedman," Ekonomika a Management, Prague University of Economics and Business, vol. 2012(2), pages 49-64.
    12. Ye Cai & Hoje Jo & Carrie Pan, 2011. "Vice or Virtue? The Impact of Corporate Social Responsibility on Executive Compensation," Journal of Business Ethics, Springer, vol. 104(2), pages 159-173, December.
    13. M.K. Lewis, 1994. "Monetary Policy‐Do We Need a New Agenda?," The Economic Record, The Economic Society of Australia, vol. 70(211), pages 434-455, December.
    14. Kevin Hoover, 2004. "Milton Friedman?s Stance: The Methodology of Causal Realism," Working Papers 66, University of California, Davis, Department of Economics.
    15. Guo, Jun & Huang, Pinghsun & Zhang, Yan, 2020. "Accounting conservatism and corporate social responsibility," Advances in accounting, Elsevier, vol. 51(C).

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