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Theories of Consumption
- College aantekeningen • 9 pagina's • 2021
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Absolute Income Hypothesis - Keynes

Secular Stagnation Hypothesis

Kuznets Findings

The Relative Income Hypothesis- Duesenberry



Demonstration Effect

Ratchet Effect

The Permanent Income Hypothesis (PIH) - Milton Friedman

Relationship between Consumption and Permanent Income

The Life Cycle Hypothesis
College aantekeningen
Theories of Consumption
Laatste update van het document:
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Absolute Income Hypothesis - Keynes 
Secular Stagnation Hypothesis 
Kuznets Findings 
The Relative Income Hypothesis- Duesenberry 
 
Demonstration Effect 
Ratchet Effect 
The Permanent Income Hypothesis (PIH) - Milton Friedman 
Relationship between Consumption and Permanent Income 
The Life Cycle Hypothesis
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