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Involuntary saving, unanticipated inflation and the rationality of expectations formation: Some empirical evidence

Research output: Contribution to journalJournal article

Published
<mark>Journal publication date</mark>09/1985
<mark>Journal</mark>Weltwirtschaftliches Archiv
Issue number3
Volume121
Number of pages7
Pages (from-to)553-559
Publication statusPublished
Original languageEnglish

Abstract

There are a number of reasons why previous empirical work on the validity of the novel hypothesis of consumer behaviour outlined by Deaton must be interpreted with extreme caution.