Saving in a Stagflation Process

  • Piero Ferri
  • Giorgio Szego
Part of the International Economic Association Publications book series (IEA)


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.


Disposable Income National Account Household Saving Financial Saving Personal Saving 
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Copyright information

© International Economic Association 1983

Authors and Affiliations

  • Piero Ferri
    • 1
  • Giorgio Szego
    • 1
  1. 1.University of BergamoItaly

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