Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/53976 
Erscheinungsjahr: 
2010
Schriftenreihe/Nr.: 
WIDER Working Paper No. 2010/125
Verlag: 
The United Nations University World Institute for Development Economics Research (UNU-WIDER), Helsinki
Zusammenfassung: 
Contrary to the popular notion that money that is easily earned, is also easily spent, economic theory holds that income is fungible. Drawing on the concept of mental accounting, this study theoretically explores when such a link between spending behaviour and the effort dispensed in obtaining income is plausible. Empirically, it is found that the marginal propensity to consume from unearned income is about three times larger than that from earned income, based on household panel data from rural China, with the difference more pronounced when unearned income is transitory and smaller than earned income. The policy implications are real.
Schlagwörter: 
transfers
saving
mental accounting
permanent income hypothesis
China
JEL: 
D01
D11
D12
O12
ISBN: 
978-92-9230-363-1
Dokumentart: 
Working Paper

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