Author Type

Graduate Student

Date of Award

1973

Document Type

Thesis

Publication Status

Version of Record

Submission Date

October 2026

Thesis/Dissertation Advisor [Chair]

Stronge, William B.

Abstract

This study deals with the theoretical development, estimation, and application of a financial model for the U.S. economy. The model is a 'preferred portfolio pattern' model, which was suggested by Richard Stone, and is based on the Flow-of-Funds Accounts. A background of the Flow of Funds framework and financial modelling begins the study, and is followed by an overview of traditional input-output techniques, required in the derivation of the model. Matrix adjustment of input-output systems introduces Stone's 'financial input-output models', where his structure of sectoral balance sheets, input-output type financial models and preferred portfolio pattern models are discussed. Estimation of the model involves aggregation of FOP data and its categorisation by sectors and types of financial instruments. Empirical applications presented include short-term forecasting and an analysis of the model's dynamic time path.

Extent

130 p.

Comments

College of Business|Thesis (M.A.)--Florida Atlantic University, 1973.|FAU Electronic Theses and Dissertations Collection|College of Business

Identifier

FADT13561

Format

pdf

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