What does consumption smoothing mean?
Definitions for consumption smoothing
con·sump·tion smooth·ing
This dictionary definitions page includes all the possible meanings, example usage and translations of the word consumption smoothing.
Wikipedia
Consumption smoothing
Consumption smoothing is the economic concept used to express the desire of people to have a stable path of consumption. People desire to translate their consumption from periods of high income to periods of low income to obtain more stability and predictability. There exists many states of the world, which means there are many possible outcomes that can occur throughout an individual's life. Therefore, to reduce the uncertainty that occurs, people choose to give up some consumption today to prevent against an adverse outcome in the future.
Numerology
Chaldean Numerology
The numerical value of consumption smoothing in Chaldean Numerology is: 2
Pythagorean Numerology
The numerical value of consumption smoothing in Pythagorean Numerology is: 9
Translations for consumption smoothing
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"consumption smoothing." Definitions.net. STANDS4 LLC, 2025. Web. 21 Jan. 2025. <https://www.definitions.net/definition/consumption+smoothing>.
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