Explore Words Kanji Grammar Guides

Copyright © 2026 Kotomora. All Rights Reserved.

Get the Kotomora apps for iOS and Android.

Explore Words Kanji Grammar Guides About Support Privacy

Copyright © 2026 Kotomora. All Rights Reserved.

恒常所得仮説 (こうじょうしょとくかせつ) Japanese meaning | Kotomora

恒こう常じょう所しょ得とく仮か説せつ

こ

う

じょ

う

しょ

と

く

か

せ

つ

Meanings

1

permanent income hypothesis

An economics concept proposed by Milton Friedman, stating that consumption is determined by expected long-term average income rather than current income.

恒こう常じょう所しょ得とく仮か説せつによれ

ば

、

一いち

時じ

的てき

な

減げん

税ぜい

は

消しょう

費ひ

を

あまり

刺し

激げき

し

ない

。

According to the permanent income hypothesis, a temporary tax cut does not stimulate consumption much.

Kanji

恒constancy, always
常usual, ordinary, normal
所place, extent
得gain, get, find
仮sham, temporary, interim
説opinion, theory, explanation

Built from

恒こう常じょう所しょ得とく+仮か説せつ

Etymology

Compound of 恒常 (permanent, constant), 所得 (income), and 仮説 (hypothesis). A direct translation of the English economics term 'permanent income hypothesis'.