For example, together with Mr Muellbauer, Mr Deaton compiled a system of equations tounderstand how consumer decisions regarding different goods interacted. This is essential forgovernments planning to make policy changes such as cutting value added tax for someproducts, as such decisions have varying effects on different groups of consumers dependingon what they buy.
例如,迪顿曾与米尔鲍尔一起编写了一个方程组,试图描述消费者对于不同商品的决策是如何互动的。对于正在酝酿政策变化(比如降低针对某些产品的增值税)的政府,这种理解是不可或缺的,因为此类决策对不同的消费者群体会产生不同的影响——取决于他们购买什么。
He built on work looking at the link between consumption and income by fellow Nobel laureatesFranco Modigliani and Milton Friedman to understand how changes in income drive changes inconsumption. He warned against using aggregate data for the whole economy to justifyimportant policy decisions and showed how it is essential to understand what happens todifferent groups of consumers, depending on their age or income levels.
他进一步发展了诺贝尔奖得主佛朗哥·莫迪利亚尼(Franco Modigliani)和米尔顿·弗里德曼(Milton Friedman)对于消费和收入之间联系的研究,以求理解收入变化如何驱动消费变化。他警告不要使用整个经济的汇总数据为重要决策提供依据,并且证明,了解不同消费者群体的具体情况(取决于他们的年龄或收入水平)是至关重要的。
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