Speakur

Word Pronunciation & Dictionary

permanent income hypothesis

Word Rarity Rare

Frequency: Zipf frequency 3.76 in modern English

Syllables
per-ma-nen-t in-come hy-poth-e-sis
IPA
44
Scrabble Score
25
Letters
8
Syllables
13
Unique Chars

Meaning

name

A theory attempting to describe how agents spread consumption over their lifetimes, supposing that a person's consumption at a point in time is determined not just by their current income but also by their expected income in future years, which is seen as the driver of change.

Inflected Forms

the permanent income hypothesis (canonical)

Synonyms

PIH

Questions

What does permanent income hypothesis mean?
A theory attempting to describe how agents spread consumption over their lifetimes, supposing that a person's consumption at a point in time is determined not just by their current income but also by their expected income in future years, which is seen as the driver of change.

How to pronounce permanent income hypothesis

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