permanent income
6 episodes mention this concept
lexfridmanJan 19, 2025Jennifer Burns on Milton Friedman, Ayn Rand, Economics, Capitalism, Freedom, and the Evolution of Ideas
EconomicsIndividualismCollectivismCapitalismRationalism
NewEconomicThinkingAug 2, 2023Measuring Intergenerational Mobility: Statistical Tools, Traps, and Heterogeneity in Economic Outcomes
EconomicsIntergenerational mobilityAbsolute mobilityRelative mobilityMobility statistics- NewEconomicThinkingMay 10, 2023
Intergenerational Mobility, Inequality, and the Great Gatsby Curve: A Multidisciplinary Analysis
EconomicsIntergenerational MobilityWealth InequalityThe Great Gatsby CurveCross-sectional Income Inequality - MIT Open EconomyApr 5, 2023
The Neoclassical Model of Savings, Precautionary Behavior, and Empirical Puzzles in Development Economics
EconomicsNeoclassical model of savingsInter-temporal optimizationUtility functionDiscount rate (Delta) - NewEconomicThinkingJul 3, 2019
The Long-Term Drivers and Macroeconomic Implications of Credit Supply Expansion
EconomicsCredit supply shocksTotal credit to GDPReal interest ratesHockey stick fact - NewEconomicThinkingDec 12, 2017
The Revitalization of Economics at Cambridge: Post-2008 New Economic Thinking and the INET Institute
EconomicsPaleo KeynesianismNew Economic ThinkingCritical InquiryClassical Orthodoxy
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Related concepts
Concepts that appear alongside permanent income across episodes.
- intergenerational mobility
- discount rate (delta)
- consumption martingale
- parental investment
- conditional probabilities
- non-linear models
- transitory fluctuations
- risk aversion
- transitory income
- s-shaped curve
- markov chains
- savings constraints
- steady states
- political economy of inequality
- asymmetries in mobility
- downward mobility
- early childhood investment
- instrumental variable (iv) estimation
- identity (psychology)
- linear models