An income derived by residents of a country from rents, dividends, and interest received from abroad
A broader measure of economic welfare incorporating multiple aspects beyond income per head.
Real income refers to income of an individual or group after taking into consideration the effects of inflation on purchasing power.
An unexpected increase in personal or corporate income, often considered for non-distortionary taxation.
A term in economics describing an individual whose main income comes from interest on assets.
An in-depth look at the marginal utility of income, its definition, theories, and applications in economic analysis.
An in-depth look at the definition and significance of income elasticity of demand in economics.
An overview of property income, including its types and significance in the realm of economics.
An in-depth look into after-tax income, including its meaning, historical context, and analytical frameworks.
A contract that guarantees regular income payments by a financial institution typically used for retirement funding.
A comprehensive examination of the concept of circular flow of income in economics, detailing its meaning, mechanisms, and implications.
Exploration of compensating variation, including definitions, historical context, and major theoretical frameworks.
A differential in wages intended to compensate workers for special non-pecuniary aspects of a job.
Exploring the concept of dissaving, where net assets are decreased by spending in excess of income.
An exploration into the concept of distributional equity within economics.
Definition and understanding of the term 'grossing up,' mainly in the context of tax calculations where income is received net of tax.
A group of people living together with common domestic expenses, often deciding on consumption expenditure as a unit.
A comprehensive definition and exploration of the term 'income,' its various types, and implications for individuals with and without financial assets.
Income earned working for another person, firm, or government body. Can be measured including or excluding benefits in kind or net of deductions.
Income derived by individuals from unincorporated businesses, combining wages and returns on capital.
Injections to the circular flow of income refer to forms of spending that do not originate from current income such as investment spending by firms, government expenditure, and export sales to foreigners.
An economic metric that quantifies the change in consumption capacity resulting from a change in disposable income.
A comprehension of pensions as a form of regular income for retirees, provided by the state, former employers, or personal pension funds.
The component of lifetime income that is anticipated and planned by a consumer.
An economic theory suggesting that people's consumption choices are determined by their long-term income expectations rather than current income fluctuations.
Personal income after deduction of income tax and social security payments.
An income level supposed to be just enough to avoid less-than-adequate consumption.
The portion of an individual's or corporation's income subject to taxation.
Understanding the concept of transitory income in economics
A tax levied at a standard rate on all receipts of income from wages or dividends, regardless of the individual’s tax liability.
