Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/189082 
Year of Publication: 
1982
Series/Report no.: 
Queen's Economics Department Working Paper No. 493
Publisher: 
Queen's University, Department of Economics, Kingston (Ontario)
Abstract: 
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.
Subjects: 
inflation
savings
inflation
savings
income
wealth
mismeasurement
JEL: 
E21
Document Type: 
Working Paper

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