Statements (19)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:economic_policy
|
| gptkbp:contrastsWith |
absolute income hypothesis
|
| gptkbp:field |
economics
|
| gptkbp:focusesOn |
income distribution
consumption behavior |
| https://www.w3.org/2000/01/rdf-schema#label |
relative income hypothesis
|
| gptkbp:influenced |
gptkb:life-cycle_hypothesis
permanent income hypothesis |
| gptkbp:proposedBy |
gptkb:James_Duesenberry
|
| gptkbp:publicationYear |
1949
|
| gptkbp:publishedIn |
Income, Saving and the Theory of Consumer Behavior
|
| gptkbp:relatedTo |
social comparison
demonstration effect |
| gptkbp:state |
individual consumption depends on relative income rather than absolute income
|
| gptkbp:usedIn |
macroeconomic analysis
consumption function modeling |
| gptkbp:bfsParent |
gptkb:James_Duesenberry
gptkb:Jan_Duesenberry |
| gptkbp:bfsLayer |
7
|