intertemporal consumption

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Английский Язык - Английский Язык
(Ekonomi) Economic theories of intertemporal consumption seek to explain people's preferences in relation to consumption and saving over the course of their life. The earliest work on the subject was by Irving Fisher and Roy Harrod who described 'hump saving', hypothesizing that savings would be highest in the middle years of a person's life as they saved for retirement
intertemporal consumption
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