The "Real Balances Effect" is a macroeconomic phenomenon in monetary theory referring to the change in aggregate demand resulting from alterations in the real value of money balances, which influences consumption and saving decisions as individuals adjust their spending in response to changes in purchasing power held in nominal money assets.
69
Publications
3.9K
Citations
82
Authors
41
Institutions
Publications per year
2017–2026
1
Variants
Pigou EffectReal Balance Effect
Parents
Publications
69
Neil Wallace · International Economic Review · 2001 · 264 citations
Devaluation, Money, and Nontraded Goods
Rüdiger Dornbusch · American Economic Review · 1973 · 250 citations
Government Revenue from Inflation
Milton Friedman · Journal of Political Economy · 1971 · 241 citations
1–5 of 69
Authors
82
- PN
3
h-index
- KC
3
h-index
- RD
3
h-index
- SF
2
h-index
- AS
2
h-index
1–5 of 82
Institutions
41
National Bureau of Economic Research
Cambridge, United States
4 h-index
4 publications
150 citations
Boston College
Boston, United States
3 h-index
3 publications
58 citations
University of Rome Tor Vergata
Rome, Italy
2 h-index
2 publications
58 citations
Federal Reserve Bank of Chicago
Chicago, United States
2 h-index
2 publications
83 citations
Massachusetts Institute of Technology
Cambridge, United States
2 h-index
2 publications
104 citations
University of Missouri
Columbia, United States
2 h-index
2 publications
83 citations
Universidade de Brasília
Brasília, Brazil
1 h-index
1 publications
12 citations
Bank of England
London, United Kingdom
1 h-index
2 publications
44 citations
1–8 of 41
Venues
- Journal of money credit and banking
15 publications · 700 citations
12
h-index
- Journal of Political Economy
JPE · 6 publications · 590 citations
6
h-index
- The Review of Economics and Statistics
6 publications · 241 citations
6
h-index
- The Quarterly Journal of Economics
QJE · 5 publications · 227 citations
5
h-index
- RePEc: Research Papers in Economics
Repository · 5 publications · 108 citations
5
h-index
1–5