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Type | Journal Article |
Scope | Discipline-based scholarship |
Title | Money illusion under test |
Organization Unit | |
Authors |
|
Item Subtype | Original Work |
Refereed | Yes |
Status | Published in final form |
Language |
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Journal Title | Economics Letters |
Publisher | Elsevier |
Geographical Reach | international |
ISSN | 0165-1765 |
Volume | 94 |
Number | 3 |
Page Range | 332 - 337 |
Date | 2006 |
Abstract Text | We propose a test for the presence of money illusion based on subjective survey information on individual satisfaction with income. Using data from the German Socio-Economic Panel for the period 1993–2003, we cannot reject the null hypothesis of no money illusion. |
Digital Object Identifier | 10.1016/j.econlet.2006.06.043 |
PDF File | Download from ZORA |
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