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.
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- Jones, Larry E. & Manuelli, Rodolfo E., 1995.
"Growth and the effects of inflation,"
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- Burkhard Heer & Bernd SÃ¼ssmuth, 2003. "Inflation and Wealth Distribution," CESifo Working Paper Series 835, CESifo Group Munich.
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- Kormendi, Roger C. & Meguire, Philip G., 1985. "Macroeconomic determinants of growth: Cross-country evidence," Journal of Monetary Economics, Elsevier, vol. 16(2), pages 141-163, September. Full references (including those not matched with items on IDEAS)
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