The marginal propensity to consume (MPC), or the ratio of the change in aggregate consumption compared to the change in aggregate income, is a key component of Keynesian macroeconomic theory.

The study examines the impact of mortgage forbearance during COVID-19, revealing that financially fragile households ...

Also Read: Despite RBI's rate cut, spurring GDP growth is an uphill task The positive impact of higher individual spending on GDP growth can be measured through the marginal propensity to consume ...

With the Employees Provident Fund (EPF) projecting withdrawals to the tune of RM5bil from Akaun Fleksibel (Account 3), ...

MUMBAI: The US dollar may have run out of steam, with weaker economic data resulting in a decline in the dollar index.

It used the marginal propensity to consume (MPC) and input-output framework to calculate the impact. The MPC measures the proportion of additional income that a consumer spends on goods and ...

Above all, the more vulnerable the class, the higher the marginal propensity to consume (the increase in consumption in relation to the increase in income), and the fact that Lee promised to ...

This paper examines an implication of these models that has mostly been overlooked: Habits strong enough to solve these puzzles imply an immediate marginal propensity to consume out of permanent ...