Income effect definition

Income effect means the short term and long term change in a customer’s energy use that is induced by a change in the amount of disposable income available to the customer.
Sample 1Sample 2Sample 3
Income effect means the change in a customer’s energy use that is induced by a change in the amount of disposable income available to the customer.
Sample 1

Examples of Income effect in a sentence

  • Income effect: increase in consumer demand Increase in number of jobs due to the income effect17,000Percent increase in number of jobs due to the income effect1.3%D.

  • Income effect indicates that, other things being equal, increase in income increases the satisfaction of the consumer.

  • Income effect: increase in consumer demand Change in number of jobs due to income effect (thousands)1,520Percent increase in number of jobs due to income effect1.1%D.

  • Consumer’s equilibrium, Price effect, Income effect and Substitution effect.

  • The result is an estimated negative effect of 9,000 jobs from this channel.Panel C: Income effect-- cumulative increases in wages from proposed minimum wage increasePanel C of Table 9 presents the estimated job increases because of the income effect: increases in consumer demand deriving from increased incomes of low-paid workers.

  • Income effect is bigger than risk effect27.Last but not least, it must be remembered that households who are more vulnerable are either excluded from microcredit services or are among the survival group.

  • The model is based on Income effect, substitution effect and price effect.• Income effect:The income pattern of end users will determine the spending pattern.

  • The Income effect limits the maximum WTP that a person can think about due the budget available (Hanemann, 1991).

  • TAX PROVISION FOR DISCONTINUED OPERATIONS (±) --23.1 Current tax provision --23.2 Expense effect of deferred tax (+) --23.3 Income effect of deferred tax (-) --XXIV.

  • Income effect: If wages increase, rent increases as well and individuals prefer to consume the extra rent in leisure instead of labor.

Related to Income effect

  • Programme Effective Date means 5 December 2017.

  • Scheme Effective Date means the date on which a copy of the court order sanctioning the Scheme is duly filed on behalf of the Target with the Registrar of Companies in accordance with Section 899 of the Companies Act.

  • Release Effective Date means the date the Release becomes effective and irrevocable.

  • the Effective Date means each date that the Registration Statement and any post-effective amendment or amendments thereto became or become effective. "Execution Time" shall mean the date and time that this Agreement is executed and delivered by the parties hereto. "Basic Prospectus" shall mean the form of basic prospectus relating to the Securities contained in the Registration Statement at the Effective Date. "Prospectus" shall mean the Basic Prospectus as supplemented by the Prospectus Supplement. "Registration Statement" shall mean the Registration Statement referred to in paragraph (a) above, including incorporated documents, exhibits and financial statements, as amended at the Execution Time. "Rule 415" and "Rule 424" refer to such rules under the Act. Any reference herein to the Registration Statement, the Basic Prospectus, the Prospectus Supplement or the Prospectus shall be deemed to refer to and include the documents incorporated by reference therein pursuant to Item 12 of Form S-3 which were filed under the Exchange Act on or before the Effective Date or the issue date of the Basic Prospectus, the Prospectus Supplement or the Prospectus, as the case may be; and any reference herein to the terms "amend", "amendment" or "supplement" with respect to the Registration Statement, the Basic Prospectus, the Prospectus Supplement or the Prospectus shall be deemed to refer to and include the filing of any document under the Exchange Act after the Effective Date or the issue date of the Basic Prospectus, the Prospectus Supplement or the Prospectus, as the case may be, deemed to be incorporated therein by reference.

  • Increase Effective Date has the meaning specified in Section 2.14(d).

  • Amendment Date has the meaning set forth in the preamble.

  • Acquisition Date With respect to any REO Property, the first day on which such REO Property is considered to be acquired by the Trust Fund within the meaning of Treasury Regulations Section 1.856-6(b)(1), which is the first day on which the Trust Fund is treated as the owner of such REO Property for federal income tax purposes.

  • Make-Whole Fundamental Change Effective Date means (A) with respect to a Make-Whole Fundamental Change pursuant to clause (A) of the definition thereof, the date on which such Make-Whole Fundamental Change occurs or becomes effective; and (B) with respect to a Make-Whole Fundamental Change pursuant to clause (B) of the definition thereof, the applicable Redemption Notice Date.

  • License Effective Date means, with respect to each Component System of the Licensed System that Company is given the right to access and use, the date as of which the Company is first given such right to access and use.

  • Fundamental Change Effective Date means the date on which any Fundamental Change becomes effective.

  • Second Restatement Date means October 20, 2011.

  • Restatement Date means the earlier to occur of (i) the date the Board, a committee of the Board or the officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare an Accounting Restatement, or (ii) the date a court, regulator or other legally authorized body directs the Company to prepare an Accounting Restatement.

  • Accounting Restatement Date means the earlier to occur of (a) the date that the Board, a committee of the Board authorized to take such action, or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare an Accounting Restatement, or (b) the date that a court, regulator or other legally authorized body directs the Company to prepare an Accounting Restatement.

  • Anniversary Each anniversary of the Cut-off Date.

  • Trigger Date shall have the meaning set forth in Section 11(a)(iii) hereof.

  • Reinstatement Date means the date from which a policy will be reinstated after cancellation.

  • Extension Effective Date has the meaning specified in Section 2.06(c).

  • Restatement Effective Date means the date on which the conditions specified in Section 4.01 are satisfied (or waived in accordance with Section 9.02).

  • Operational Date means the date on which a union school district

  • Early Settlement Date has the meaning specified in Section 5.9(a).

  • Initial Effective Date means the date that the Initial Registration Statement has been declared effective by the SEC.

  • IPO Effective Date means the date upon which the Securities and Exchange Commission declares the initial public offering of the Company's common stock as effective.

  • Policy Anniversary means the annual anniversary of the Date of Commencement of Risk;

  • Ending Date means the calendar date specified in the Notice of Intent as the date upon which lead - based paint abatement activities are completed.

  • Loss Payment Date has the meaning specified in Section 7.05(a) of the Indenture.

  • Central Clock Time or "CCT" means Central Daylight Time when Daylight Savings Time is in effect and Central Standard Time when Daylight Savings Time is not in effect.