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Real Balances and the Permanent Income Hypothesis

Lowell E. Gallaway; Paul E. Smith

San Fernando Valley State College

Quarterly Journal of Economics 1961

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 (2)
Pages
302
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