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~> Ale Hemedu Press . I92B. fm~ uterprtx/uc-fioc* and BURGHARDT, F. Entwicltlungsgeschichte der monetftren Kontmkturtheorien, WELTWIRTSGHAFTLICHES ARCHIV, Vol. XXVIII, July> 1928. PP- 7 7 - U 3 . Borcha.r*Jt # ^ Hr-ch**/ J*'<f «4*% p/> . 7'7-/*3. SHAFER, Joseph E. An explanation of the business cycle, AMERICAN ECONOMIC REVIEW, XVIII, no- 4 , December, 1928. SHAFER, Joseph E. "Explanation of the business cjcle," AMERICAS ECONOMIC REVIEtf, XVIII, Dec. 1928, pp. 617-628. monetaiy explanation WHITNEY, Caroline Mr. Shafer on the Equation of Exchange and the Business Cycle, AMERICAN ECONOMIC REVIEW, XIX, March 1929, pp. 76-77Shafer'8 article, AER, Dec. 1928.