Construct · 1 fields · 1 citations

wealthy hand-to-mouth: a standalone construct

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

● anchor · a standalone construct Nearest construct by meaning·not indexed
wealthyhand-to-mouth1 CONSTRUCTWealthy hand-to-mouthKAPLAN · MACROECONOMICS

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

Macroeconomics

households with sizable illiquid wealth but little liquid wealth who spend most of any transitory income.

In macroeconomics, wealthy hand-to-mouth refers to households with sizable illiquid wealth but little liquid wealth who spend most of any transitory income. This meaning comes from Kaplan (2014) in Brookings Papers on Economic Activity.[1]

Unit
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References

  1. Kaplan, G., Violante, G. L., & Weidner, J. (2014). The Wealthy Hand-to-Mouth. Brookings Papers on Economic Activity, 2014(1), 77-138. https://doi.org/10.1353/eca.2014.0002

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