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Quarterly Journal of Economics Vol. 75 No. 2 1961

Real Balances and the Permanent Income Hypothesis

Lowell E. Gallaway; Paul E. Smith

San Fernando Valley State College

Abstract

I. The theory of real balances, 303. — II. The permanent income hypothesis, 307. — III. Empirical findings, 308. — IV. Conclusions, 312.

DOI
10.2307/1884204
Volume
75
Issue
2
Pages
302
Sources
openalex crossref

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