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

Macdonald, R. and Peel, David (1985) Involuntary saving, unanticipated inflation and the rationality of expectations formation: Some empirical evidence. Weltwirtschaftliches Archiv, 121 (3). pp. 553-559. ISSN 1610-2878

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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: Article
Journal or Publication Title: Weltwirtschaftliches Archiv
Subjects: H Social Sciences > HB Economic Theory
Departments: Lancaster University Management School > Economics
ID Code: 56003
Deposited By: ep_importer_pure
Deposited On: 17 Jul 2012 14:55
Refereed?: Yes
Published?: Published
Last Modified: 09 Apr 2014 23:49
Identification Number:
URI: http://eprints.lancs.ac.uk/id/eprint/56003

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