Interest rates, inflation expectations and spurious elements in measured real income and saving / by Gregory V. Jump.: EC22-3/1980-150E-PDF

"Measured income and saving variables exhibit spurious movements whenever the expected rate of price inflation changes. These movements arise because conventional measures include nominal interest receipts, net of interest expenses, as a component of income"--Abstract.

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Publication information
Department/Agency Economic Council of Canada.
Title Interest rates, inflation expectations and spurious elements in measured real income and saving / by Gregory V. Jump.
Series title Discussion paper ; no. 150
Publication type Series - View Master Record
Language [English]
Format Electronic
Electronic document
Note(s) "February 1980."
Digitized edition from print [produced by the Publishing and Depository Services Directorate].
Includes bibliographic references.
Includes abstract in French.
Publishing information Ottawa : Economic Council of Canada, 1980.
Author / Contributor Jump, Gregory V.
Description 43 p. : chart.
Catalogue number
  • EC22-3/1980-150E-PDF
Subject terms Interest rates
Inflation
Income
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