... calculated these figures on the basis of the results of the measurement.
2 28 The Psychology of Money and Public Finance
liquidity preferences were started some years ago by the Cologne Centre
of Empirical ... volume of money, money volume minus
idle balances, and turnover velocity, and, on the other hand, the ‘total
monetary demand’, which is nothin...
... simply
on the amount of available funds, then depending on the set of problems
58 The Psychology of Money and Public Finance
taken jointly – either because there is agreement right from the start,
or ... ‘inte-
gration’ of means and demands; on the economic significance of the
various forms of income and the analytical value of the ‘income’ factor...
... that they always or mostly
80 The Psychology of Money and Public Finance
wrote a shopping list. When asked whether they wrote down what they
spent each day on the household (i.e. whether they ... behaviour.
90 The Psychology of Money and Public Finance
of money (’silver and iron and other such matters’) has shown particular
longevity and weathered cent...
... many of the easy-going than the punctilious type
would see the movie despite the price of the balcony seats; the case is
similar for the extraverted and the desultory versus the introverts and the
orderly. ... standard
of consumption was defined as the sum of its level of consumption plus
its level of aspiration.
If the two components of the standar...
... generations.
1 58 The Psychology of Money and Public Finance
because of the general lack of understanding among members of parlia-
ment and administrators of the underlying economic and monetary
processes; and ... revenues. The response from the public
166 The Psychology of Money and Public Finance
Even the referendum on a tax amnesty in...
... undervalued in public finance theory
up until now. At the time when the ethical alignment of public finance
Psychology of Taxation and Public Finance 187
means a uniform attitude and that there is ... still convey the idea of someone who imposes the
tax on the liable, and the word ‘duty’ conveys the awareness of fulfilling
196 The Psychology of...
... status of respondents, 101
survey questions, 99–100
psychology of taxation, 157–210
early studies, 193
public finance
roots of, 1 58 9
and Schmölders, Günter, 6–13
public finance theory, 184
public ... 96 8
psychology
and economic behaviour research,
35–9
and macroeconomics, 211– 28
and problems of motivation, 35–6
Psychology of Adjustment, The, 33
psych...
... 1 98
6 Psychology and Macroeconomics 211
6.1 The problem of economic prognosis 211
6.2 The liquidity theory of money 219
Notes 229
Index 246
The Psychology of Money
and Public Finance
Günter Schmölders
This ... 136
4.2 The entrepreneur in the economy and in the society
of the Federal Republic of Germany 149
5 Psychology of Taxation and Pub...
... proponent of
the monothematic, McDougall of the polythematic and Gehlen of the
30 The Psychology of Money and Public Finance
behave, but for how they would behave if they followed the ‘logic of
the money ... of the assembly,
and also all members (27 delegates) of the Finance Committee. The
object of this inquiry was to ascertain the reacti...
... better 28 67 2 3 100
Slightly better 6 78 8 8 100
Not better 7 76 6 11
All 10 75 6 9 100
46 The Psychology of Money and Public Finance
hand, the middle group which is both in need and worthy of assistance,
i.e. ... matters; on the origin and composition of income; on the
role of the ‘co-earners’ in a household and the extent of economic ‘inte-
gration...