Haig–Simons income
id:
haig-simons-income-199-11246499
title:
Haig–Simons income
text:
Haig–Simons income or Schanz–Haig–Simons income is an income measure used by public finance economists to analyze economic well-being which defines income as consumption plus change in net worth. It is represented by the mathematical formula: where C = consumption and ΔNW = change in net worth. Consumption refers to the money spent on goods and services of any kind. From a perfect theory view, consumption does not include capital expenditures, and the full spending would be amortized.
brand slug:
wiki
category slug:
encyclopedia
description:
Law in public finance studies: income as consumption plus change in net worth
original url:
https://en.wikipedia.org/wiki/Haig%E2%80%93Simons_income
date created:
date modified:
2024-03-25T02:59:40Z
main entity:
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image:
fields total:
13
integrity:
14