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The Limits of Choice

Saving Decisions and Basic Needs in Developed Countries

The Limits of Choice( )
Author: Wagenknecht, Sahra
ISBN:978-3-593-39916-4
Publication Date:Jul 2013
Publisher:Campus Verlag GmbH
Book Format:Paperback
List Price:AUD $102.00
Book Description:

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...
More Description

Book Details
Pages:328
Detailed Subjects: Business & Economics / Economic Conditions
House & Home / General
Physical Dimensions (W X L X H):13.97 x 21.285 x 2.032 cm
Book Weight:0.416 Kilograms



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