Overview

In The Limits of Choice, Sahra Wagenknecht examines household saving decisions and basic needs in Germany and the United States, based on official data from both countries from the 1950s to present day. Arguing against the hypothesis that assumes consumers optimize their consumption intertemporally based exclusively on their permanent or lifetime income, Wagenknecht proposes a rule of thumb, according to which consumers will save if their current income exceeds basic expenditure, while they will demand credit when income can no longer meet basic needs.  

Full Product Details

Author:   Sahra Wagenknecht
Publisher:   Campus Verlag
Imprint:   Campus Verlag
Dimensions:   Width: 1.50cm , Height: 0.20cm , Length: 2.10cm
Weight:   0.425kg
ISBN:  

9783593399164

ISBN 10:   3593399164
Pages:   328
Publication Date:   03 December 2013
Audience:   College/higher education ,  Professional and scholarly ,  Postgraduate, Research & Scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   Out of stock  
The supplier is temporarily out of stock of this item. It will be ordered for you on backorder and shipped when it becomes available.

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Sahra Wagenknecht is a German politician.

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