Browsing Working Papers of the Priority Programme 1859 – Experience and Expectation. Historical Foundations of Economic Behaviour by Subject "heterogeneous savers"
Now showing items 1-1 of 1
2022-03DiskussionspapierHeterogeneous Savers and their Inflation Expectation during German Industrialization: Social class, Wealth, and Gender Using microeconomic data on 2,500 savers of the savings bank Ludwigsburg, we study individual savings behavior in 19th century-Germany. We show that wealthy savers responded to an increase in the expected inflation rate ...