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- W2001795452 abstract "Abstract The purpose of this comment is twofold: first, to show that the balanced-budget multiplier value in the Hwang-Yu (1984) model [their equation (8)] would become unity in a respecification of their money demand function that included disposable income instead of income and second, to further show that their tax multiplier, that is, tax-financed government debt retirement, remains negative nevertheless." @default.
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- W2001795452 date "1987-03-01" @default.
- W2001795452 modified "2023-10-14" @default.
- W2001795452 title "Wealth effects; IS-LM Stability, and the efficacy of economic policies: A comment" @default.
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- W2001795452 doi "https://doi.org/10.1016/0164-0704(87)90047-4" @default.
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