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The Empirical Significance of the Real Balance Effect

Thomas Mayer

The Quarterly Journal of Economics · 1959 · Volume 73 · Issue 2

DOI: 10.2307/1883725

Abstract

I. Introduction, 275. — II. Consumption, 280. — III. Investment, 282. — IV. Removing the assumptions, 284. — V. Conclusion, 289.

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