Title of article
Money illusion under test
Author/Authors
Stefan Boes، نويسنده , , Markus Lipp، نويسنده , , Rainer Winkelmann، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2007
Pages
6
From page
332
To page
337
Abstract
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.
Keywords
Fixed effects , Subjective well-being , Cost of living
Journal title
Economics Letters
Serial Year
2007
Journal title
Economics Letters
Record number
436158
Link To Document