The savings-inflation puzzle
We find that inflation does not unanimously decrease savings in the US during the postwar period. This result is puzzling as it contradicts the implications of most monetary general equilibrium models.
Year of publication: |
2009
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Authors: | Heer, Burkhard ; Sussmuth, Bernd |
Published in: |
Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 16.2009, 6, p. 615-617
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Publisher: |
Taylor & Francis Journals |
Saved in:
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