Examples of 'income effect' in a sentence
Meaning of "income effect"
income effect: In economics, the impact that a change in income has on an individual's or a household's consumption patterns or spending behavior
How to use "income effect" in a sentence
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income effect
Income effect of alternative livelihoods at farm level.
This explains the negative income effect on consumption.
Income effect of alternative livelihood projects at farm level.
This is caused by the income effect.
Income effect of sustainable livelihoods projects at farm level.
We distinguish between a substitution effect and an income effect.
An income effect and a substitution effect.
This is the direct income effect.
The income effect is a phenomenon observed through changes in purchasing power.
Substitution effect and income effect with a taxation on y good.
This outcome is what economists call the income effect.
Income effect starts to more than compensate for the substitution effect.
The second effect is the price and income effect.
The income effect is the result of the change in real income alone.
With this utility function there is no income effect on labor supply.
See also
An income effect.
It pertains to income effect.
The income effect is negative and works against the substitution effect.
Differences in ability to keep up with financial commitments provides evidence of an income effect.
Strength of income effect is not enough to cancel out substitution effect totally.
That is due to the substitution effect dominating over the income effect.
Sign of the income effect will depend on individual attitude towards risk.
The increase in wages has both a substitution and an income effect on labour supply.
But the income effect of a wage increase reduces the quantity of labor supplied.
I find that industrial activities favoured the presence of schools through an indirect income effect.
The income effect would be negative for net debtor countries and positive for net creditors.
The book decomposes the change into the substitution effect and the income effect.
How to separate the income effect and substitution effect?
Baumol effect, underestimation of the income effect.
If the good is inferior, then the income effect will lessen the substition effect.
For example, one possible confounding factor is an income effect.
Overall, the evidence suggests a dominant income effect in the utilization of child labor.
Initially, private consumption deteriorates everywhere due to the income effect.
The rebate is a retroactive compensation - an income effect as opposed to a price effect.
A change in price causes a substitution effect, but also an income effect.
If the good is inferior, the income effect offsets to some extent the substitution effect.
As household income increases, women reduce their labour market participation the income effect prevails.
This included addressing the income effect of commodity price fluctuations, in particular for sub-Saharan Africa.
Determination of the substitution effect and income effect of Hicks and Slutsky.
Similarly, the income effect from falling energy prices in 2015 is unlikely to be repeated.
The substitution effect is reinforced through the income effect of lower real income Beattie-LaFrance.
In addition, purchasing power from the price decline increases ability to buy the income effect.
However, this price changes due to both the income effect and the substitution effect.
The interest rate coefficient ( a, ) combines a ( negative ) intertemporal substitution effect and a ( positive ) income effect.
So in terms of the income effect itself, it 's little disruption.
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