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Stocks, Flows and Monetary Theory

William J. Baumol
The Quarterly Journal of Economics
Vol. 76, No. 1 (Feb., 1962), pp. 46-56
Published by: Oxford University Press
Stable URL: http://www.jstor.org/stable/1891130
Page Count: 11
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Stocks, Flows and Monetary Theory
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Abstract

I. The double (stock-flow) equilibrium condition, 46.--II. On the Patinkin dichotomization argument, 47.--III.... And liquidity preference vs. loanable funds, 49.--Appendix: The excess demand for stocks, 53.

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