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

MacDonald, R. and David, A. P. (1985) Involuntary saving, unanticipated inflation and the rationality of expectations formation: some empirical evidence. Weltwirtschaftliches Archiv, 121(3), pp. 553-559. (doi:10.1007/BF02708190)

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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.

Item Type:Articles
Status:Published
Refereed:Yes
Glasgow Author(s) Enlighten ID:MacDonald, Professor Ronald
Authors: MacDonald, R., and David, A. P.
College/School:College of Social Sciences > Adam Smith Business School > Economics
Journal Name:Weltwirtschaftliches Archiv
Publisher:Springer
ISSN:0043-2636
ISSN (Online):1610-2886

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