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Income, Saving, and the Theory of Consumer Behavior
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The article was published on 1949-01-01 and is currently open access. It has received 2738 citations till now. The article focuses on the topics: Permanent income hypothesis & Marginal propensity to save.read more
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Perceptions of Retirement Savings Relative to Peers
TL;DR: In this paper, social comparison theory was used as a theoretical touchstone for understanding the impact of interpersonal perceptions on saving behavior, and the findings suggest that social comparisons do account for savings practices over and above demographic and psychological indicators.
The analysis of psychological factors affectingsavers in Malaysia
TL;DR: In this article, the effects of psychological factors, such as, social influence, attitude towards savings, and self-control on savers in Malaysia were explored, and it was shown that those who were able to exercise self control and receive parental influence during childhood tended to save more.
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Behavioural complexity: behavioural complexity
TL;DR: The authors compare and contrast complexity economics and neoclassical economics and propose a framework for modelling complex systems and, accordingly, utilize agent-based simulation to examine consumption behavior in a complex model and in a neoclassically model, concluding that complex behaviour leads to higher accumulation of wealth, better efficiency and greater stability.
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Mobile payment and rural household consumption: Evidence from China
TL;DR: In this paper, the influence of mobile payment, a popular payment method emerging in recent years, on rural household consumption is assessed by adopting China Household Finance Survey of 2017, which suggests that mobile payment has a statistically significant and facilitating effect on rural households consumption in China.
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Wage Rule Formation in the Aerospace Industry
TL;DR: A study of wage bargaining in the aerospace industry focuses particularly on lump sum bonuses, one-time cash disbursements that generally accompany lower increases in the base wage than were formerly standard as discussed by the authors.