material consumption
1 episode mention this concept
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Related concepts
Concepts that appear alongside material consumption across episodes.
- marginal cost of education
- steady state
- discount rate
- marginal return to education
- convexity/non-convexity
- human capital investment
- contracting problem
- utility functions
- progressive income taxation
- production technology (human capital)
- symbolic consumption
- labor market returns to education
- euler equation
- intergenerational linkages
- barro-becker model
- neoclassical economics
- credit constraints
- persistence of poverty
- hyperbolic discounting
- commitment problem