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Title:The savings-inflation puzzle PDF Logo
Authors:Heer, Burkhard
Süssmuth, Bernd
Issue Date:2006
Series/Report no.:CESifo working papers 1645
Abstract: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.
Subjects:inflation
savings
nominal interest taxation
JEL:E65
E21
Document Type:Working Paper
Appears in Collections:CESifo Working Papers, CESifo Group Munich

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