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Pigou effect - перевод на Английский
![The forces at play in the case of a curved surface.<br>''Red'': gravity<br>''Green'': the [[normal force]]<br>''Blue'': the net resultant [[centripetal force]].](https://commons.wikimedia.org/wiki/Special:FilePath/Forces in a Parabolic Dish.svg?width=200 "The forces at play in the case of a curved surface.<br>''Red'': gravity<br>''Green'': the [[normal force]]<br>''Blue'': the net resultant [[centripetal force]].")
![Typhoon Nanmadol]] (left), rotate counterclockwise, and in the Southern hemisphere, low-pressure systems like [[Cyclone Darian]] (right) rotate clockwise.](https://commons.wikimedia.org/wiki/Special:FilePath/Northern vs Southern hemisphere tropical cyclones.jpg?width=200 "Typhoon Nanmadol]] (left), rotate counterclockwise, and in the Southern hemisphere, low-pressure systems like [[Cyclone Darian]] (right) rotate clockwise.")
Определение
Википедия
In economics, the Pigou effect is the stimulation of output and employment caused by increasing consumption due to a rise in real balances of wealth, particularly during deflation. The term was named after Arthur Cecil Pigou by Don Patinkin in 1948.
Real wealth was defined by Arthur Cecil Pigou as the summation of the money supply and government bonds divided by the price level. He argued that Keynes' General Theory was deficient in not specifying a link from "real balances" to current consumption and that the inclusion of such a "wealth effect" would make the economy more "self correcting" to drops in aggregate demand than Keynes predicted. Because the effect derives from changes to the "Real Balance", this critique of Keynesianism is also called the Real Balance effect.
