How does Future Income Affect Current Consumption?

1994 ◽  
Vol 109 (1) ◽  
pp. 111-147 ◽  
Author(s):  
C. D. Carroll
Keyword(s):  
Current Consumption ◽  
Future Income

scholarly journals Consumption insurance with advance information

2020 ◽  
Vol 11 (2) ◽  
pp. 671-711
Author(s):  
Christian A. Stoltenberg ◽  
Swapnil Singh
Keyword(s):  
Limited Commitment ◽  
Insurance Markets ◽  
Income Shocks ◽  
Complete Markets ◽  
Consumption Insurance ◽  
Current Consumption ◽  
The Us ◽  
Advance Information ◽  
Future Income ◽  
Saving Decisions

This paper investigates whether assuming that households possess advance information on their income shocks helps to overcome the difficulty of standard models to understand consumption insurance in the US. As our main result, we find that the quantitative relevance of advance information crucially depends on the structure of insurance markets. For a realistic amount of advance information, a complete markets model with endogenous solvency constraints due to limited commitment explains several key consumption insurance measures better than existing models without advance information. In contrast, when advance information is integrated into a standard incomplete markets model, it affects household consumption‐saving decisions too little to bridge the gap between the model and the data and can induce counterfactual correlations between current consumption growth and future income growth.

scholarly journals Religiositas sebagai Moderating Variabel Perilaku Konsumsi Rumah Tangga Muslim

2014 ◽  
Vol 8 (2) ◽  
pp. 503
Author(s):  
Anton Bawono
Keyword(s):  
Multiple Regression ◽  
Equation Model ◽  
Primary Data ◽  
Survey Method ◽  
Multiple Regression Equation ◽  
Analysis Tool ◽  
Dominant Effect ◽  
Consumption Behavior ◽  
Current Consumption ◽  
Future Income

The main objective of this study is to analyze the influence of the religiosity variable as a moderating variable towards the influence of the future income and wealth expectation on stimulating the consumption behavior, and future prospects. The research design used in this study is a survey method. This study is based on the primary data obtained from the respondents in the field observation. The analysis tool is quantitative. In order to answer the research objectives and hypotheses, the study uses multiple regression analysis. To view the suitability of the multiple regression equation model used, a statistical test and classical assumption test are conducted. The analysis indicates that the religiosity variable influences the variable determining consumption. The variable of expected income, an expectation of liquid wealth one period ahead, affects current consumption, which is driven by religiosity. There is a new aspect of this study that is not found in the previous studies, i.e. that the religiosity variable becomes the moderating variable of the variables of income and liquid wealth expectations of future periods, which influence the current consumption behavior. It means that of the variables investigated and concluded so far as those determining consumptions behavior, there is another variable, namely religiosity, which has a more dominant effect in determining consumption behavior.

An Analytical Study On Financial Planning And Strategy Formulation

2019 ◽  
Vol 118 (9) ◽  
pp. 28-34
Author(s):  
Dr P. Govindasamy ◽  
Dr.H. Premraj
Keyword(s):  
Financial Planning ◽  
Product Line ◽  
Financial Forecasting ◽  
Strategy Formulation ◽  
Wealth Maximization ◽  
Corporate Growth ◽  
Financial Plan ◽  
New Business ◽  
Future Income ◽  
A Company

Financial Planning and Forecasting is the estimation of value of a variable or set of variables at some future point. A Financial forecasting exercise is usually carried out in order to provide an aid to decision – making and planning of any line of business for future developments. This paper focuses insurance segments and tailored all the key areas of attention are such as assets, liabilities, marketing, human resources, expenditures, digitalization and technology inclusion, etc., all in one term called as wealth maximization. Financial planning and forecasting represents a blueprint of what a firm proposes to do in the future. So, naturally planning over such horizon tends to be fairly in aggregative terms. We need to focus on common elements which include economic assumptions, target forecast, proforma statements, asset requirements and the mode of financing the investments and so on. A financial plan can also be an investment plan, which allocates savings to various assets or projects expected to produce future income, such as a new business or product line, shares in an existing business. Financial forecast and financial plan can also refer to an annual projection of income and expenses for a company, division or department. This can also be an estimation of cash needs and a decision on how to raise the funds, such as through borrowing or issuing additional shares in a company. Forecasting is also used by outsiders to value companies and their securities. This is the aggregative perspective of the whole firm, rather than looking at individual projects. Growth is a key theme behind financial forecasting, so growth should not be the underlying goal of corporation – creating shareholder value is enabled through corporate growth.

Analysis of Delta Iddq Soft Fails on Pass Chips

2006 ◽  
Author(s):  
I. Österreicher ◽  
S. Eckl ◽  
B. Tippelt ◽  
S. Döring ◽  
R. Prang ◽  
...  
Keyword(s):  
Failure Analysis ◽  
Failure Mode ◽  
Photon Emission ◽  
Complete Analysis ◽  
Functional Tests ◽  
Analysis Techniques ◽  
Atomic Force ◽  
Current Consumption ◽  
Emission Microscopy ◽  
Failure Localization

Abstract Depending on the field of application the ICs have to meet requirements that differ strongly from product to product, although they may be manufactured with similar technologies. In this paper a study of a failure mode is presented that occurs on chips which have passed all functional tests. Small differences in current consumption depending on the state of an applied pattern (delta Iddq measurement) are analyzed, although these differences are clearly within the usual specs. The challenge to apply the existing failure analysis techniques to these new fail modes is explained. The complete analysis flow from electrical test and Global Failure Localization to visualization is shown. The failure is localized by means of photon emission microscopy, further analyzed by Atomic Force Probing, and then visualized by SEM and TEM imaging.

Marketing Responsible Drinking Effectively to Young Adults

2014 ◽  
Vol 1 (1) ◽  
Author(s):  
Colby Doyle ◽  
Matthew Gaudet ◽  
Dominic Lay ◽  
Amber McLeod ◽  
Robert Schaeffer
Keyword(s):  
Quantitative Research ◽  
Drinking Patterns ◽  
Major Question ◽  
The Public ◽  
The Third ◽  
Current Consumption ◽  
Sample Data ◽  
Vague Quantifiers ◽  
Insight Into ◽  
Alberta Health

The primary goal of this research is to identify and examine the components of responsible drinking advertisements. We will examine industry and government related advertisements as we try to understand one of our major questions: does the source influence the validity of the message? The next group of major questions that we will be looking to answer is how are the vague quantifiers used in responsible drinking campaigns interpreted by the public?  How many drinks do people consider “too much?” What does “drink responsibly” really mean? The third major question is whether or not an individual’s current consumption patterns of alcohol have any effect on how individuals assess responsible drinking campaigns. Our qualitative research has indicated that social influences can be strongly related with drinking patterns; this will be further examined in our quantitative research. Also, we will be looking into some of the psychology behind industry and government sponsored advertisements as well as gathering and interpreting information from a sample of our target demographic. Our target demographic consists of both male and females between the ages 18-24. Our literature review and qualitative analysis gave us good insight into some of the potential answers to our questions. We will use these potential answers from our previous research to guide us as we attempt to conduct conclusive research based on a sample data of 169 individuals. Our findings will aid us in developing conclusions and recommendations for Alberta Health Services.

The Research of Measuring Approach and Energy Efficiency for Hadoop Periodic Jobs

2015 ◽  
Vol 8 (1) ◽  
pp. 206-210 ◽  
Author(s):  
Yu Junyang ◽  
Hu Zhigang ◽  
Han Yuanyuan
Keyword(s):  
Energy Efficiency ◽  
Cloud Computing ◽  
Energy Consumption ◽  
Energy Saving ◽  
Energy Estimate ◽  
Cloud Platform ◽  
Periodic Tasks ◽  
Current Consumption ◽  
Reduce Energy Consumption

Current consumption of cloud computing has attracted more and more attention of scholars. The research on Hadoop as a cloud platform and its energy consumption has also received considerable attention from scholars. This paper presents a method to measure the energy consumption of jobs that run on Hadoop, and this method is used to measure the effectiveness of the implementation of periodic tasks on the platform of Hadoop. Combining with the current mainstream of energy estimate formula to conduct further analysis, this paper has reached a conclusion as how to reduce energy consumption of Hadoop by adjusting the split size or using appropriate size of workers (servers). Finally, experiments show the effectiveness of these methods as being energy-saving strategies and verify the feasibility of the methods for the measurement of periodic tasks at the same time.

Three Challenges for the Social Investment Strategy

2017 ◽  
Author(s):  
John Myles
Keyword(s):  
Economic Growth ◽  
Population Aging ◽  
Investment Strategy ◽  
First Century ◽  
Social Investment ◽  
Current Consumption ◽  
The Social ◽  
Post War ◽  
Post Industrial ◽  
Wage Outcomes

Three challenges are highlighted in this chapter to the realization of the social investment strategy in our twenty-first-century world. The first such challenge—intertemporal politics—lies in the term ‘investment’, a willingness to forego some measure of current consumption in order to realize often uncertain gains in the future that would not occur otherwise, such as better schooling, employment, and wage outcomes for the next generation. Second, the conditions that enabled our post-war predecessors to invest heavily in future-oriented public goods—a sustained period of economic growth and historically exceptional tolerance for high levels of taxation—no longer obtain. Third, the millennial cohorts who will bear the costs of a new, post-industrial, investment strategy are more economically divided than earlier cohorts and face multiple demands raised by issues such as population aging and global warming, among others.

scholarly journals Power-Oriented Monitoring of Clock Signals in FPGA Systems for Critical Application

Sensors ◽  
2021 ◽  
Vol 21 (3) ◽  
pp. 792
Author(s):  
Oleksandr Drozd ◽  
Grzegorz Nowakowski ◽  
Anatoliy Sachenko ◽  
Viktor Antoniuk ◽  
Volodymyr Kochan ◽  
...  
Keyword(s):  
Power Consumption ◽  
Computer Aided Design ◽  
Computer Systems ◽  
Energy Parameter ◽  
Online Testing ◽  
Thermal Monitoring ◽  
Energy Parameters ◽  
Current Consumption ◽  
Computer Aided ◽  
Aided Design

This paper presents a power-oriented monitoring of clock signals that is designed to avoid synchronization failure in computer systems such as FPGAs. The proposed design reduces power consumption and increases the power-oriented checkability in FPGA systems. These advantages are due to improvements in the evaluation and measurement of corresponding energy parameters. Energy parameter orientation has proved to be a good solution for detecting a synchronization failure that blocks logic monitoring circuits. Key advantages lay in the possibility to detect a synchronization failure hidden in safety-related systems by using traditional online testing that is based on logical checkability. Two main types of power-oriented monitoring are considered: detecting a synchronization failure based on the consumption and the dissipation of power, which uses temperature and current consumption sensors, respectively. The experiments are performed on real FPGA systems with the controlled synchronization disconnection and the use of the computer-aided design (CAD) utility to estimate the decreasing values of the energy parameters. The results demonstrate the limited checkability of FPGA systems when using the thermal monitoring of clock signals and success in monitoring by the consumption current.

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