{"id":"https://openalex.org/W2163203456","doi":null,"title":"Keynes' Absolute Income Hypothesis and Kuznets Paradox","display_name":"Keynes' Absolute Income Hypothesis and Kuznets Paradox","publication_year":2013,"publication_date":"2013-08-26","ids":{"openalex":"https://openalex.org/W2163203456","mag":"2163203456"},"language":"en","primary_location":{"id":"pmh:oai::49310","doi":null,"is_oa":true,"landing_page_url":"https://mpra.ub.uni-muenchen.de/49310/1/MPRA_paper_49310.pdf","pdf_url":"https://mpra.ub.uni-muenchen.de/49310/1/MPRA_paper_49310.pdf","source":{"id":"https://openalex.org/S4306400553","display_name":"Munich Personal RePEc Archive (Ludwig Maximilian University of Munich)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I8204097","host_organization_name":"Ludwig-Maximilians-Universit\u00e4t M\u00fcnchen","host_organization_lineage":["https://openalex.org/I8204097"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"MPRA Paper"},"volume":null,"type":"report","indexed_in":[],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://mpra.ub.uni-muenchen.de/49310/1/MPRA_paper_49310.pdf","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5075243487","display_name":"R. Santos Alimi","orcid":"https://orcid.org/0000-0003-2450-3078","observed_orcids":["https://orcid.org/0000-0003-2450-3078"]},"institutions":[],"countries":[],"is_corresponding":true,"raw_author_name":"R. Santos Alimi","raw_affiliation_strings":[],"raw_orcid":"https://orcid.org/0000-0003-2450-3078","affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":["https://openalex.org/A5075243487"],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":true,"cited_by_count":24,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11742","display_name":"Economic Theory and Policy","score":0.9307000041007996,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11742","display_name":"Economic Theory and Policy","score":0.9307000041007996,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.060600001364946365,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11770","display_name":"Fiscal Policy and Economic Growth","score":0.0017999999690800905,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/consumption-function","display_name":"consumption function","score":0.8560000061988831},{"id":"https://openalex.org/keywords/marginal-propensity-to-consume","display_name":"marginal propensity to consume","score":0.9580000042915344},{"id":"https://openalex.org/keywords/average-propensity-to-consume","display_name":"average propensity to consume","score":1.0},{"id":"https://openalex.org/keywords/income-elasticity-of-consumption","display_name":"income elasticity of consumption","score":0.7900000214576721},{"id":"https://openalex.org/keywords/household-expenditure","display_name":"household expenditure","score":0.8169999718666077},{"id":"https://openalex.org/keywords/nigeria","display_name":"Nigeria","score":0.7139999866485596}],"concepts":[{"id":"https://openalex.org/C161629241","wikidata":"https://www.wikidata.org/wiki/Q1879079","display_name":"Marginal propensity to consume","level":3,"score":0.9072930812835693},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.8267723321914673},{"id":"https://openalex.org/C169488363","wikidata":"https://www.wikidata.org/wiki/Q1398935","display_name":"Consumption function","level":3,"score":0.8125860095024109},{"id":"https://openalex.org/C194425066","wikidata":"https://www.wikidata.org/wiki/Q1257519","display_name":"Permanent income hypothesis","level":3,"score":0.7220793962478638},{"id":"https://openalex.org/C30772137","wikidata":"https://www.wikidata.org/wiki/Q5164762","display_name":"Consumption (sociology)","level":2,"score":0.7219180464744568},{"id":"https://openalex.org/C107515699","wikidata":"https://www.wikidata.org/wiki/Q734113","display_name":"Income elasticity of demand","level":2,"score":0.6772664189338684},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.5874483585357666},{"id":"https://openalex.org/C204208750","wikidata":"https://www.wikidata.org/wiki/Q1519415","display_name":"Short run","level":2,"score":0.4665156602859497},{"id":"https://openalex.org/C99656134","wikidata":"https://www.wikidata.org/wiki/Q2912993","display_name":"Ordinary least squares","level":2,"score":0.4397548735141754},{"id":"https://openalex.org/C200890946","wikidata":"https://www.wikidata.org/wiki/Q788096","display_name":"Autonomous consumption","level":3,"score":0.4165256917476654},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.2544671595096588},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.23951902985572815},{"id":"https://openalex.org/C2778348673","wikidata":"https://www.wikidata.org/wiki/Q739302","display_name":"Production (economics)","level":2,"score":0.1985262930393219},{"id":"https://openalex.org/C192250389","wikidata":"https://www.wikidata.org/wiki/Q4692254","display_name":"Aggregate expenditure","level":2,"score":0.10908091068267822},{"id":"https://openalex.org/C124584101","wikidata":"https://www.wikidata.org/wiki/Q1053266","display_name":"Multiplier (economics)","level":2,"score":0.09794104099273682},{"id":"https://openalex.org/C183582576","wikidata":"https://www.wikidata.org/wiki/Q184783","display_name":"Market liquidity","level":2,"score":0.0},{"id":"https://openalex.org/C36289849","wikidata":"https://www.wikidata.org/wiki/Q34749","display_name":"Social science","level":1,"score":0.0},{"id":"https://openalex.org/C144024400","wikidata":"https://www.wikidata.org/wiki/Q21201","display_name":"Sociology","level":0,"score":0.0}],"mesh":[],"locations_count":4,"locations":[{"id":"pmh:oai::49310","doi":null,"is_oa":true,"landing_page_url":"https://mpra.ub.uni-muenchen.de/49310/1/MPRA_paper_49310.pdf","pdf_url":"https://mpra.ub.uni-muenchen.de/49310/1/MPRA_paper_49310.pdf","source":{"id":"https://openalex.org/S4306400553","display_name":"Munich Personal RePEc Archive (Ludwig Maximilian University of Munich)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I8204097","host_organization_name":"Ludwig-Maximilians-Universit\u00e4t M\u00fcnchen","host_organization_lineage":["https://openalex.org/I8204097"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"MPRA Paper"},{"id":"pmh:oai:RePEc:pra:mprapa:49310","doi":null,"is_oa":false,"landing_page_url":"https://mpra.ub.uni-muenchen.de/49310/1/MPRA_paper_49310.pdf","pdf_url":"https://mpra.ub.uni-muenchen.de/49310/1/MPRA_paper_49310.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"mag:2163203456","doi":null,"is_oa":false,"landing_page_url":"https://ideas.repec.org/p/pra/mprapa/49310.html","pdf_url":null,"source":{"id":"https://openalex.org/S4306400553","display_name":"Munich Personal RePEc Archive (Ludwig Maximilian University of Munich)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I8204097","host_organization_name":"Ludwig-Maximilians-Universit\u00e4t M\u00fcnchen","host_organization_lineage":["https://openalex.org/I8204097"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"MPRA Paper","raw_type":null},{"id":"mag:3140987987","doi":null,"is_oa":false,"landing_page_url":"https://econpapers.repec.org/paper/pramprapa/49310.htm","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"RePEc: Research Papers in Economics","raw_type":null}],"best_oa_location":{"id":"pmh:oai::49310","doi":null,"is_oa":true,"landing_page_url":"https://mpra.ub.uni-muenchen.de/49310/1/MPRA_paper_49310.pdf","pdf_url":"https://mpra.ub.uni-muenchen.de/49310/1/MPRA_paper_49310.pdf","source":{"id":"https://openalex.org/S4306400553","display_name":"Munich Personal RePEc Archive (Ludwig Maximilian University of Munich)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I8204097","host_organization_name":"Ludwig-Maximilians-Universit\u00e4t M\u00fcnchen","host_organization_lineage":["https://openalex.org/I8204097"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"MPRA Paper"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2163203456.pdf","grobid_xml":"https://content.openalex.org/works/W2163203456.grobid-xml"},"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W2780555943","https://openalex.org/W350672095","https://openalex.org/W7097716578","https://openalex.org/W2189399302","https://openalex.org/W2621135568","https://openalex.org/W4408911493","https://openalex.org/W4417433289","https://openalex.org/W2582682777","https://openalex.org/W2800713351","https://openalex.org/W2299561956"],"abstract_inverted_index":{"The":[0,44,126,195],"study":[1],"investigates":[2],"how":[3],"consumption":[4,26,39,153,189,216,230],"expenditure":[5,40],"is":[6,92,138,144,154],"determined":[7],"by":[8,49,174],"income":[9,105,171,180,186,197],"according":[10],"to":[11,34,89,100],"Keynes\u2019":[12],"Absolute":[13],"Income":[14],"Hypothesis":[15],"(AIH)":[16],"for":[17,28,30,118,201],"the":[18,31,54,60,80,86,97,148,151,157,164,185,205,209,213],"case":[19],"of":[20,79,150,188,215,217,229],"Nigeria":[21,29,108,202],"and":[22,66,73,115,121,147],"thus":[23],"presents":[24],"a":[25,183],"function":[27],"period":[32,55],"1970":[33],"2011,":[35],"estimating":[36],"total":[37,42],"household":[38],"against":[41],"income.":[43,233],"AIH":[45,82],"model":[46],"was":[47],"tested":[48,74],"ordinary":[50],"least":[51],"squares":[52],"over":[53],"using":[56],"data":[57,65,203],"obtained":[58],"from":[59],"World":[61],"Bank":[62],"national":[63],"accounts":[64],"Ivan":[67],"Kushnir\u2019s":[68],"Research":[69],"Center.":[70],"We":[71,160],"described":[72],"two":[75],"important":[76,227],"theoretical":[77],"predictions":[78],"Keynesian":[81],"model;":[83],"first,":[84],"that":[85,96,129,136,163,176],"marginal":[87],"propensity":[88,99],"consume":[90,101],"(MPC)":[91],"constant":[93],"and,":[94],"second,":[95],"average":[98],"(APC)":[102],"declines":[103,178],"as":[104,172,179],"increases.":[106,181],"Using":[107],"economic":[109],"data,":[110],"we":[111],"estimated":[112],"parameter":[113],"MPC":[114,130,137],"APC":[116,165],"both":[117],"short":[119,206],"run":[120,123],"long":[122,158,210],"time":[124],"series.":[125],"results":[127],"shows":[128],"conform":[131],"with":[132,170,212],"Keynes":[133,175,193],"earlier":[134],"proposition":[135],"less":[139],"than":[140,232],"one,":[141],"however":[142],"it":[143,177],"not":[145,167,191],"stable":[146],"value":[149],"autonomous":[152],"negative":[155],"in":[156,204],"run.":[159,207],"found":[161],"also":[162],"did":[166],"vary":[168],"systematically":[169],"conjectured":[173],"As":[182],"result,":[184],"elasticity":[187,214],"does":[190],"follow":[192],"prediction.":[194],"absolute":[196],"hypothesis":[198],"fits":[199],"well":[200],"In":[208],"run,":[211],"about":[218],"1":[219],"or":[220],"above":[221],"1,":[222],"evidently":[223],"there":[224],"are":[225],"other":[226,231],"determinants":[228]},"counts_by_year":[{"year":2023,"cited_by_count":3},{"year":2022,"cited_by_count":6},{"year":2021,"cited_by_count":3},{"year":2020,"cited_by_count":2},{"year":2019,"cited_by_count":2},{"year":2018,"cited_by_count":2},{"year":2017,"cited_by_count":1},{"year":2015,"cited_by_count":4},{"year":2014,"cited_by_count":1}],"updated_date":"2026-10-31T12:09:11.096373","created_date":"2016-06-24T00:00:00"}
