The income expenditure model of economics was developed by John Maynard Keynes to explain fluctuations in production of goods and services and spending. The model basically states that we produce as ...

In 2024, the nationwide per capita disposable income was 41,314 yuan, a nominal increase of 5.3 percent over the previous year, and the real increase of 5.1 percent after deducting price factor. In ...

Previous studies that examine the simultaneous setting of income taxation and education policy have overwhelmingly concluded that optimal education policy should be regressive. In this paper, we ...

In the first three quarters, the nationwide per capita disposable income of residents stood at 32,509 yuan, a nominal increase of 5.1 percent over the previous year, and a real increase of 5.2 percent ...