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Anticipated versus "surprise" inflation in household consumption behaviour
(30.03.1984)
Keskustelualoitteita. Discussion Papers 5/84
Keskustelualoitteita. Discussion Papers 5/84
The purpose of this paper is to look at the question of whether it is the anticipated or "Surprise" inflation (or both) that matter for household consumption and saving behaviour. We use a large data sample from 23 countries ...
On the role of inflation in consumption function
(30.03.1984)
Keskustelualoitteita. Discussion Papers 4/84
Keskustelualoitteita. Discussion Papers 4/84
The purpose of this paper is to re-examine the role of inflation in household consumption behavior both in terms of the observed rate of inflation and inflation uncertainty. First, we show what is 'exactly' the relationship ...