relative income hypothesis oor Spaans
relative income hypothesis
Vertalings in die woordeboek Engels - Spaans
hipótesis de la renta relativa
hipótesis del ingreso relativo
Geskatte vertalings
Vertoon algoritmies gegenereerde vertalings
voorbeelde
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Developed by James Duesenberry, the relative income hypothesis states that an individual’s attitude to consumption and saving is dictated more by his income in relation to others than by abstract standard of living; the percentage of income consumed by an individual depends on his percentile position within the income distribution.
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CONCLUSIONS: The study results support the relative income hypothesis.
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