MPC

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Related to Marginal propensity to consume: Marginal propensity to save, Consumption function

MPC

Abbreviation for:
mean plasma concentration
mean platelet count
medial prefrontal cortex
medial premotor cortex
Medical Patterns of Care 
Medical Provider Component
meiotic pairing centre
Mental Processing Composite
Mobile Patient Charting
multicatalytic proteinase complex
muscle precursor cell
myeloma plasma cell
References in periodicals archive ?
We highlight four areas where frameworks that do not explicitly model wealthy HtM households provide misguided intuitions about the effects of fiscal policy: the degree of nonlinearity of the marginal propensity to consume with respect to the transfer size, the asymmetry of the consumption response with respect to equal-size income windfalls and losses, the optimal phasing-out of stimulus payments with income for maximizing the impact on aggregate consumption, and the extent of cross-country dispersion in consumption responses to a fiscal transfer.
The model proposed in the paper not only confirms this proposition, but it also indicates that the marginal propensity to consume has a theoretical basis for modifying velocity, money demand and consumption.
04) Table 2: Correlation between the Marginal Propensity to Consume, GDP, HFCE and Population in 37 Countries (2009) ln MPC = d + e ln V + f ln C + g ln N + h ln V ln C + j ln V ln N d e f g h j -1.
t] are generated from changes in economic fundamentals, estimates of the marginal propensity to consume out of wealth are of little use in this environment.
Lastly, we present estimates of the marginal propensity to consume leisure (also known as the marginal propensity to earn out of wealth).
3] The estimated long-term housing wealth elasticity ranges from 6 per cent to 15 per cent and corresponding estimates of marginal propensity to consume out of housing wealth vary between 0.
We begin by estimating the marginal propensity to consume out of wealth with more modern econometric procedures.
It may be that Ibn Khaldun did not think that private saving amounted to much - he only talks of hoarding - and hence put private marginal propensity to consume near one.
Krugman argues that not enough economic integration has been achieved to change two facts: (1) Citizens of each nation have a much higher marginal propensity to consume the goods they themselves produce than do citizens of other countries; and (2) the prices of each nation's labor and goods are sticky in domestic currency.
In this section we show evidence that, as predicted by the theory presented in section I, these households have a large marginal propensity to consume out of transitory income shocks.

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