Abstract
The principal aim of this paper is to describe and provide a tentative explanation of household saving behaviour in six OECD countries which suffered both high rates of inflation and low growth rates at the time of the two oil crises.
We are indepted to Uplandsbankens jubileumsfond, Sparbankernas forskningsstiftelse and Stiftelsen Simon for financial support, and to Michael Wernerheim for comments.
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© 1983 International Economic Association
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Ferri, P., Szego, G. (1983). Saving in a Stagflation Process. In: Modigliani, F., Hemming, R. (eds) The Determinants of National Saving and Wealth. International Economic Association Publications. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-17028-9_10
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DOI: https://doi.org/10.1007/978-1-349-17028-9_10
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