Arbeitspapier
Inflation and the Savings Rate
This paper examines two explanations of the observed positive relationship between inflation rates and saving rates in Canada and the United States. Several models are estimated using quarterly time series data from both countries, and the best of these are subjected to a variety of tests. One of the two explanations appears broadly consistent with the data. The observed relationship arises primarily because, in times of inflation, measured income and measured savings overstate the corresponding real and perceived quantities.
- Language
-
Englisch
- Bibliographic citation
-
Series: Queen's Economics Department Working Paper ; No. 493
- Classification
-
Wirtschaft
Macroeconomics: Consumption; Saving; Wealth
- Subject
-
inflation
savings
inflation
savings
income
wealth
mismeasurement
- Event
-
Geistige Schöpfung
- (who)
-
Davidson, Russell
MacKinnon, James G.
- Event
-
Veröffentlichung
- (who)
-
Queen's University, Department of Economics
- (where)
-
Kingston (Ontario)
- (when)
-
1982
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Davidson, Russell
- MacKinnon, James G.
- Queen's University, Department of Economics
Time of origin
- 1982
Other Objects (12)
The savings-inflation puzzle
Household saving, interest rates, inflation and taxation: some cross-country evidence
Inflation, capital markets and household saving in Nordic countries
Explaining Japan's Saving Rate
Economic Liberalization and Savings Rates
The Minimum Inflation Rate for Euroland
Inequality and relative saving rates at the top
Evaluating the Link between Consumers' Savings Portfolio Decisions, their Inflation Expectations and Economic News
Explaining Filipino Households' Declining Saving Rate
Interest Rate Risk of Savings Accounts
Inflation targeting, the natural rate and expectations
Finite-Horizon Planning and Optimizing the Rate of Savings
The savings-inflation puzzle
Household saving, interest rates, inflation and taxation: some cross-country evidence
Inflation, capital markets and household saving in Nordic countries
Explaining Japan's Saving Rate
Economic Liberalization and Savings Rates
The Minimum Inflation Rate for Euroland
Inequality and relative saving rates at the top
Evaluating the Link between Consumers' Savings Portfolio Decisions, their Inflation Expectations and Economic News
Explaining Filipino Households' Declining Saving Rate
Interest Rate Risk of Savings Accounts
Inflation targeting, the natural rate and expectations
Finite-Horizon Planning and Optimizing the Rate of Savings
The savings-inflation puzzle
Household saving, interest rates, inflation and taxation: some cross-country evidence
Inflation, capital markets and household saving in Nordic countries
Explaining Japan's Saving Rate
Economic Liberalization and Savings Rates
The Minimum Inflation Rate for Euroland
Inequality and relative saving rates at the top
Evaluating the Link between Consumers' Savings Portfolio Decisions, their Inflation Expectations and Economic News
Explaining Filipino Households' Declining Saving Rate
Interest Rate Risk of Savings Accounts
Inflation targeting, the natural rate and expectations