A01=Sahra Wagenknecht
Author_Sahra Wagenknecht
Category=KCB
Category=KCP
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eq_business-finance-law
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eq_isMigrated=2
eq_nobargain
eq_non-fiction
Product details
- ISBN 9783593399164
- Weight: 425g
- Dimensions: 15 x 21mm
- Publication Date: 03 Dec 2013
- Publisher: Campus Verlag
- Publication City/Country: DE
- Product Form: Paperback
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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.
Sahra Wagenknecht is a German politician.
