Arbeitspapier

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.

Language
Englisch

Bibliographic citation
Series: CESifo Working Paper ; No. 1645

Classification
Wirtschaft
Studies of Particular Policy Episodes
Macroeconomics: Consumption; Saving; Wealth
Subject
inflation
savings
nominal interest taxation
Sparen
Inflation
Schätzung
USA

Event
Geistige Schöpfung
(who)
Heer, Burkhard
Süssmuth, Bernd
Event
Veröffentlichung
(who)
Center for Economic Studies and ifo Institute (CESifo)
(where)
Munich
(when)
2006

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Heer, Burkhard
  • Süssmuth, Bernd
  • Center for Economic Studies and ifo Institute (CESifo)

Time of origin

  • 2006

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