【こうじょうしょとくかせつ】

    noun (common) (futsuumeishi)
  1. permanent income hypothesiseconomics
Forms
  • 【こうじょうしょとくかせつ】
  • こうじょうしょとくかせつ
Generated definitions (experimental)
  1. permanent income hypothesis
    2. This concept refers to the idea that individuals base their consumption decisions on their expected long-term average income rather than their current income. It suggests that people smooth their consumption over time, anticipating changes in their income.
    People make consumption decisions based on permanent income rather than current income.
    This hypothesis is important for understanding consumption and saving behavior.
Generated collocations (experimental)
to propose the permanent income hypothesisbased on the permanent income hypothesisto test the permanent income hypothesismeaning of the permanent income hypothesispermanent income hypothesis in economicspermanent income hypothesis and consumptionsustained incometheory of the permanent income hypothesisincome fluctuation
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