Schmeling, Maik (contributor); Schrimpf, Andreas (contributor) - 2008
money illusion seems to be the driving force behind our results. Another popular hypothesis - inflation as a proxy for … aggregate risk aversion - is not supported by the data. -- Inflation expectations ; money illusion ; proxy hypothesis ; stock … Money Illusion: What
can we learn from Survey
Expectations?
Maik Schmeling*
Andreas Schrimpf**
* Leibniz …