Пигу ефект

Пигу ефект

Named after Arthur Pigou (1877–1959), a sort of wealth effect resulting from deflation. A fall in the price level increases the real value of people’s savings, making them feel wealthier and thus causing them to spend more. This increase in demand can lead to higher employment.

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Industria/ámbito: Economía
Categoría: Economía
Company: The Economist
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