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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.

Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.861933&sl=0

Publication information
Department/Agency
  • Economic Council of Canada.
TitleInterest rates, inflation expectations and spurious elements in measured real income and saving / by Gregory V. Jump.
Series title
  • Discussion paper ; no. 150
Publication typeMonograph - View Master Record
Language[English]
FormatDigital text
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.
Description43 p. : chart.
Catalogue number
  • EC22-3/1980-150E-PDF
Subject terms
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