книги Бизнес Экономика

Testing the Permanent Income Hypothesis among Food Stamp Recipients. A Household-Level Examination

Код 913590

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Аннотация к книге "Testing the Permanent Income Hypothesis among Food Stamp Recipients. A Household-Level Examination"

The permanent income hypothesis (PIH) posits that consumers decide how much money to spend in a given period based on a rational assessment of future income. They react to unusual events by borrowing or saving as necessary in order to “smooth” their consumption across time. Is this model an accurate picture of how households make their spending decisions? Specifically, can low-income households on welfare smooth their consumption, even though borrowing and saving could be quite difficult? A...

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Издательство: Книга по требованию
Дата выхода: июль 2011
ISBN: 978-3-6392-0308-0
Объём: 72 страниц
Масса: 129 г
Размеры(высота, ширина, толщина), см: 23 x 16 x 1

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