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- Pigou_effect abstract "The Pigou effect is an economics term that refers to the stimulation of output and employment caused by increasing consumption due to a rise in real balances of wealth, particularly during deflation.Real wealth was defined by Arthur Cecil Pigou as the sum of the money supply and government bonds divided by the price level. He argued that Keynes' General Theory was deficient in not specifying a link from "real balances" to current consumption and that the inclusion of such a "wealth effect" would make the economy more 'self correcting' to drops in aggregate demand than Keynes predicted. Because the effect derives from changes to the "Real Balance", this critique of Keynesianism is also called the Real Balance effect.".
- Pigou_effect wikiPageExternalLink 050415_klein_the-wealth-effect.pdf.
- Pigou_effect wikiPageExternalLink dp127.pdf.
- Pigou_effect wikiPageID "1462268".
- Pigou_effect wikiPageRevisionID "586867298".
- Pigou_effect hasPhotoCollection Pigou_effect.
- Pigou_effect subject Category:Economic_theories.
- Pigou_effect subject Category:Economics_effects.
- Pigou_effect type Abstraction100002137.
- Pigou_effect type Cognition100023271.
- Pigou_effect type EconomicTheories.
- Pigou_effect type EconomicTheory105994935.
- Pigou_effect type Explanation105793000.
- Pigou_effect type HigherCognitiveProcess105770664.
- Pigou_effect type Process105701363.
- Pigou_effect type PsychologicalFeature100023100.
- Pigou_effect type Theory105989479.
- Pigou_effect type Thinking105770926.
- Pigou_effect comment "The Pigou effect is an economics term that refers to the stimulation of output and employment caused by increasing consumption due to a rise in real balances of wealth, particularly during deflation.Real wealth was defined by Arthur Cecil Pigou as the sum of the money supply and government bonds divided by the price level.".
- Pigou_effect label "Efekt Pigou".
- Pigou_effect label "Effet Pigou".
- Pigou_effect label "Pigou effect".
- Pigou_effect label "Pigou-Effekt".
- Pigou_effect label "Pigou-effect".
- Pigou_effect label "Эффект Пигу".
- Pigou_effect label "ピグー効果".
- Pigou_effect label "庇古效应".
- Pigou_effect sameAs Pigouův_efekt.
- Pigou_effect sameAs Pigou-Effekt.
- Pigou_effect sameAs Effet_Pigou.
- Pigou_effect sameAs ピグー効果.
- Pigou_effect sameAs 피구_효과.
- Pigou_effect sameAs Pigou-effect.
- Pigou_effect sameAs Efekt_Pigou.
- Pigou_effect sameAs m.053g7w.
- Pigou_effect sameAs Q624672.
- Pigou_effect sameAs Q624672.
- Pigou_effect sameAs Pigou_effect.
- Pigou_effect wasDerivedFrom Pigou_effect?oldid=586867298.
- Pigou_effect isPrimaryTopicOf Pigou_effect.