• 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