relative income

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• Relative income hypothesis — Developed by James Stemble Duesenberry, the relative income hypothesis states that an individual’s attitude to consumption and saving is dictated more by his income in relation to others than by abstract standard of living. So an individual is… …   Wikipedia

• Relative deprivation — is the experience of being deprived of something to which one believes oneself to be entitled to have.[1] It refers to the discontent people feel when they compare their positions to others and realize that they have less than them.[2] Schaefer… …   Wikipedia

• relative to sth — ► compared to something else: »Official figures probably understate Europe s growth relative to America. »Pay in many white collar jobs has been stagnating relative to inflation. relative to earnings/income/sales »Motoring costs are forecast to… …   Financial and business terms

• Income inequality in the United States — is the extent to which income, most commonly measured by household or individual, is distributed in an uneven manner. While there seems to be consensus among social scientists that some degree of income inequality is needed, the extent of income… …   Wikipedia

• Income disparity — or wage gap is a term used to describe inequities and asymmetry in the distribution of wealth and income between socio economic groups within society. The term also has many other definitions:Common examples include: *The income gap between the… …   Wikipedia

• Relative value (economics) — Relative value is the attractiveness measured in terms of risk, liquidity, and return of one instrument relative to another, or for a given instrument, of one maturity relative to another. The term is used in economics, business or investment. In …   Wikipedia

• Income inequality metrics — The concept of inequality is distinct from that of poverty[1] and fairness. Income inequality metrics or income distribution metrics are used by social scientists to measure the distribution of income, and economic inequality among the… …   Wikipedia

• Income — This article is about theoretical attempts to define income. For its definition in United States law, see Income (United States legal definitions). Income is the consumption and savings opportunity gained by an entity within a specified time… …   Wikipedia

• income tax — a tax levied on incomes, esp. an annual government tax on personal incomes. [1790 1800] * * * Levy imposed by public authority on the incomes of persons or corporations within its jurisdiction. In nations with an advanced system of private… …   Universalium

• Income tax in the Netherlands — In the Netherlands there is an income tax, which since 2001 ( Wet inkomstenbelasting 2001 ) is roughly as follows. The fiscal year is the calendar year. No later than March citizens have to report their income of the previous year. The system… …   Wikipedia

• income and employment theory —       a body of economic (economics) analysis concerned with the relative levels of output, employment, and prices in an economy. By defining the interrelation of these macroeconomic (macroeconomics) factors, governments try to create policies… …   Universalium