{"product_id":"saving-and-consumption-decisions-life-cycle-theory-von-sara-paralta","title":"Saving and Consumption Decisions","description":"\u003cp\u003eThis book contains a survey of the Life-cycle Theory and presents a summary of the saving function framework. The life-cycle theory explains the consumption and saving decisions in function of the different phases in life. During childhood, the individual consumes and receives his education. In a second stage, the individual actively consumes, produces and saves. In a third phase, the individual uses his accumulated net wealth, including the amount of social security wealth, to finance his consumption of life-cycle during retirement. This textbook is tailored to suit the needs of students who are pursuing macroeconomics course.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783659886225\"\u003e\u003ch3\u003eLife-cycle Theory\u003c\/h3\u003e\u003c\/div\u003e","brand":"Libri","offers":[{"title":"Softcover - 9783659886225","offer_id":39434796662877,"sku":"9783659886225","price":39.9,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/630e5758-8c1f-4be8-b658-263a1d7d44e7.jpg?v=1757656091","url":"https:\/\/shop.autorenwelt.de\/products\/saving-and-consumption-decisions-life-cycle-theory-von-sara-paralta","provider":"Autorenwelt Shop","version":"1.0","type":"link"}