The Savings-Inflation Puzzle

We find that inflation did 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.

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Year of publication:	2006
Authors:	Heer, Burkhard ; Süssmuth, Bernd
Institutions:	CESifo
Subject:	inflation \| savings \| nominal interest taxation

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Extent:	application/pdf
Series:	CESifo Working Paper Series.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 1645
Classification:	E21 - Consumption; Saving ; E65 - Studies of Particular Policy Episodes
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005181527