Life Cycle Hypothesis | Franco Modigliani | Macroeconomics | Explained in English and Malayalam

#Life #Cycle #Hypothesis #Franco #Modigliani #Macroeconomcis
In economics, the life-cycle hypothesis (LCH) is a model that strives to explain the consumption patterns of individuals.
The life-cycle hypothesis suggests that individuals plan their consumption and savings behaviour over their life-cycle. They intend to even out their consumption in the best possible manner over their entire lifetimes, doing so by accumulating when they earn and dis-saving when they are retired.
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Drift Hypothesis of Smithies class edukkavo

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Ricardian equivalence class please

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Will be covered in the coming videos

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Neutrality of moneyde class edukkamo

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Please do the video in English only. Thanks