词汇 | wealth-effect |
释义 | wealth effect noun[ S ] ECONOMICSukus the theory that when the value of assets such as gold, shares, and property rises, people spend more: One of the primary drivers of spending by American consumers is the wealth effect of rising share prices. Examples of wealth effectwealth effect Since fixed-income bond-holders personal wealth (at market rates) has increased, this may stimulate expenditure in a wealtheffect. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. The increase in private real wealth may give rise to a wealtheffect of increased consumption. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. This is termed the wealtheffect (compare income effect), and is generally attributed to psychological feelings of confidence one feels rich, so one spends. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Market participants with overvalued assets tend to spend more because they feel richer (the wealtheffect). From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. The latter allow to freely scale the wealtheffect on the labor supply. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. It is unclear how if at all this differs from a wealtheffect on demand that results directly from the individual's utility maximization problem. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Moreover, as the marginal rate of substitution is independent of consumption and only depends on the real wage, there is no wealtheffect on the labour supply. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Informally, an agent has quasilinear utility if it can express all its preferences in terms of money and the amount of money it has will not create a wealtheffect. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. The combined evidence suggests that the shareholders of acquired firms realize significant positive abnormal returns while shareholders of the acquiring company are most likely to experience a negative wealtheffect. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. In addition, the 'wealtheffect' of transfers counteracts the 'freeing-up effect', which implies that per unit of subsidy fewer hectares of tropical forest are protected. These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
随便看 |
|
反思网英语在线翻译词典收录了377474条英语词汇在线翻译词条,基本涵盖了全部常用英语词汇的中英文双语翻译及用法,是英语学习的有利工具。