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Macroeconomic model reference

Life-Cycle Hypothesis Model

Modigliani's life-cycle hypothesis: rational agents smooth consumption over their entire lifespan by saving during working years and dissaving in retirement.

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Concepts, data, and nearby models

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Concepts

AD-ASBusiness cyclesEconomic growthInterest rates

Indicators

Real GDPgdp.realHeadline CPIprices.cpi.headlineUnemployment ratelabor.unemployment.ratePolicy ratemoney.policy_rate

Policy

Monetary policyFiscal policy

Nearby models

IS-LMAD-ASTaylor rule