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Money Illusion
"Frame dependence also impacts the way that people deal with inflation, both cognitively and emotionally. This is the issue of money illusion ."
Shefrin (2000)
Important References
SHAFIR, E., P. DIAMOND and A. TVERSKY, 1997. Money Illusion . Quarterly Journal of Economics. [Cited by 100 ]
FEHR, E. and J.R. TYRAN, 2001. Does Money Illusion Matter . American Economic Review. [Cited by 45 ]
FEHR, E. and J.R. TYRAN, 2004. Money Illusion and Coordination Failure . [Cited by 30 ]
FISHER, I., 1929. The money illusion. [Cited by 27 ]
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