Speakur

Word Pronunciation & Dictionary

pigou effect

Word Rarity Very rare

Frequency: Zipf frequency 1.54 in modern English

Syllables
pigou -ef-fect
IPA
22
Scrabble Score
11
Letters
3
Syllables
9
Unique Chars

Meaning

noun

The stimulation of output and employment caused by increasing consumption due to a rise in real balances of wealth, particularly during deflation.

Etymology

Coined by American economist Don Patinkin in 1948 after English economist Arthur Cecil Pigou.

Inflected Forms

Pigou effects (plural)

Questions

What does pigou effect mean?
The stimulation of output and employment caused by increasing consumption due to a rise in real balances of wealth, particularly during deflation.
Where does pigou effect come from?
Coined by American economist Don Patinkin in 1948 after English economist Arthur Cecil Pigou.

How to pronounce pigou effect

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