published in: Journal of Money, Credit, and Banking, 2004, 36 (6), 1121-1124
We compare the revenues of a house-to-house collection for a charity before and after the
introduction of the euro in a ceteris paribus setting. We find strong evidence of money
illusion, supplementing earlier econometric, experimental, and survey evidence on its
existence.
We use cookies to provide you with an optimal website experience. This includes cookies that are necessary for the operation of the site as well as cookies that are only used for anonymous statistical purposes, for comfort settings or to display personalized content. You can decide for yourself which categories you want to allow. Please note that based on your settings, you may not be able to use all of the site's functions.
Cookie settings
These necessary cookies are required to activate the core functionality of the website. An opt-out from these technologies is not available.
In order to further improve our offer and our website, we collect anonymous data for statistics and analyses. With the help of these cookies we can, for example, determine the number of visitors and the effect of certain pages on our website and optimize our content.