The marginal propensity to save and the marginal propensity to consume are both measurements relative to the amount of expendable income in the budget of individuals and businesses alike. The ...
What Is Marginal Propensity to Save? Marginal propensity to save (MPS) is used by economists to quantify the relationship between changes in income and changes in savings. It refers to the proportion ...
The Review of Economics and Statistics is an 84-year old general journal of applied (especially quantitative) economics. Edited at Harvard University's Kennedy School of Government, The Review has ...