Boes, Stefan; Lipp, Markus; Winkelmann, Rainer (2006). Money illusion under test. Economics Letters, 94(3):332-337.
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.
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.
| Item Type: | Journal Article, refereed, original work |
|---|---|
| Communities & Collections: | 03 Faculty of Economics > Department of Economics |
| Dewey Decimal Classification: | 330 Economics |
| Language: | English |
| Date: | 13 December 2006 |
| Deposited On: | 11 Feb 2008 12:21 |
| Last Modified: | 20 Sep 2018 03:09 |
| Publisher: | Elsevier |
| ISSN: | 0165-1765 |
| OA Status: | Green |
| Publisher DOI: | https://doi.org/10.1016/j.econlet.2006.06.043 |
Boes, Stefan