Construct · 1 fields · 1 citations

life-cycle hypothesis: a standalone construct

One name. One construct. A landmark on the map.

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life-cyclehypothesis1 CONSTRUCTLife-cycle hypothesisMODIGLIANI · MACROECONOMICS

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Macroeconomics

the theory that people save and dissave to spread consumption over their lifetime, so saving depends on age and income growth.

In macroeconomics, life-cycle hypothesis refers to the theory that people save and dissave to spread consumption over their lifetime, so saving depends on age and income growth. This meaning comes from Modigliani (1957) in Bulletin of the Oxford University Institute of Economics & Statistics.[1]

Unit
Recovery means
Measured by

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Nearby constructs

consumption3 fields · 5 citationsjingle · one word, three constructsbehavioral life-cycle hypothesis1 fields · 1 citationsanchor · a standalone constructgrowth4 fields · 4 citationsjingle · one word, four constructs

References

  1. Modigliani, F., & Ando, A. K. (1957). Tests of the Life Cycle Hypothesis of Savings: Comments and Suggestions. Bulletin of the Oxford University Institute of Economics & Statistics, 19(2), 99-124. https://doi.org/10.1111/j.1468-0084.1957.mp19002002.x

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