Definitions from Wiktionary (permanent income hypothesis)
▸ noun: (economics) A theory attempting to describe how agents spread consumption over their lifetimes, supposing that a person's consumption at a point in time is determined not just by their current income but also by their expected income in future years, which is seen as the driver of change.
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▸ noun: (economics) A theory attempting to describe how agents spread consumption over their lifetimes, supposing that a person's consumption at a point in time is determined not just by their current income but also by their expected income in future years, which is seen as the driver of change.
Similar:
expectations hypothesis,
intertemporal choice,
acceleration principle,
disposable income,
Engel's law,
Engel curve,
normal good,
consumption function,
spending power,
efficient market hypothesis,
more...
▸ Words similar to permanent income hypothesis
▸ Usage examples for permanent income hypothesis
▸ Idioms related to permanent income hypothesis
▸ Wikipedia articles (New!)
▸ Words that often appear near permanent income hypothesis
▸ Rhymes of permanent income hypothesis
▸ Invented words related to permanent income hypothesis