Pigou effect
Pigou effect noun: the stimulation of output and employment caused by increasing consumption due to a rise in real balances of wealth, particularly during deflation.
Noun
Pigou effect (plural Pigou effects)
- The stimulation of output and employment caused by increasing consumption due to a rise in real balances of wealth, particularly during deflation.
Forms of Pigou effect
| plural | Pigou effects |
|---|
Origin of Pigou effect
Coined by American economist Don Patinkin in 1948 after English economist Arthur Cecil Pigou.
Questions about Pigou effect
- What does Pigou effect mean?
- Pigou effect means the stimulation of output and employment caused by increasing consumption due to a rise in real balances of wealth, particularly during deflation.
- What part of speech is Pigou effect?
- Pigou effect is a noun.
- What is the plural of Pigou effect?
- The plural of Pigou effect is Pigou effects.
Words near Pigou effect in the dictionary
Source and license
Adapted from Wiktionary: Pigou effect (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
Last updated:
Cite this entry: “Pigou effect.” Word.ws, https://word.ws/pigou_effect. Based on Wiktionary, CC BY-SA 4.0.
