Farvaque, Etienne; Mihailov, Alexander - Henley Business School, University of Reading - 2008
We study the evolution of inflation aversion preferences across generations. In the theoretical part of the paper, we … different degrees of inflation aversion. We show how the stability of a society’s degree of inflation aversion depends on the … of the theoretical results. We first link demographic structures to inflation aversion, and then proceed by looking at …