In economics, the life-cycle hypothesis (LCH) is a model that strives to explain the consumption patterns of individuals. == Theory and evidence == Elderly dissaving is also influenced by the present factors that materially prevent them from the possibility of spending their previous savings.
In economics, the life-cycle hypothesis (LCH) is a model that strives to explain the consumption patterns of individuals. == Theory and evidence == Elderly dissaving is also influenced by the present factors that materially prevent them from the possibility of spending their previous savings.
Source: Wikipedia "Life-cycle hypothesis" · CC BY-SA 4.0
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