Construct · 1 fields · 1 citations

marginal propensity to consume: a standalone construct

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

● anchor · a standalone construct Nearest construct by meaning·not indexed
marginal propensityto consume1 CONSTRUCTMarginal propensityJAPPELLI · HOUSEHOLD FINANCE

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

Household finance

the share of an extra dollar of income that a household spends rather than saves.

In household finance, marginal propensity to consume refers to the share of an extra dollar of income that a household spends rather than saves. This meaning comes from Jappelli (2010) in Annual Review of Economics.[1]

Unit
Recovery means
Measured by

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Nearby constructs

household finance1 fields · 1 citationsanchor · a standalone constructmarginal3 fields · 3 citationsjingle · one word, three constructsshare2 fields · 2 citationsjingle · one word, two constructs

References

  1. Jappelli, T., & Pistaferri, L. (2010). The Consumption Response to Income Changes. Annual Review of Economics, 2(1), 479-506. https://doi.org/10.1146/annurev.economics.050708.142933

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