dissave
verbEtymology From dis- + save.
1
To spend more than one earns.
- The ith consumer's choice set is depicted in Figure 3.3 as a single point. It is not possible for the consumer to exploit gains from trade between dates (by saving/dissaving) within the constraints imposed by the spot market economy.1997, Jürgen Eichberger, Ian R. Harper, Financial Economics, Oxford University Press, page 94:
- In chapter 21, we shall follow Cole and Kocherlakota (2001) by allowing the household to save (but not to dissave) a risk-free asset that bears fixed gross interest rate R#61;#92;beta#123;-1#125;. [emphasis in original]2018, Lars Ljungqvist and Thomas J. Sargent, Recursive macroeconomic theory, 4th edition, MIT Press, page 25:
1 more example
- In [the Diamond overlapping-generations model], each individual saves early in life and dissaves later in life. As a result, at any time some individuals have saved and not yet dissaved.2019, David Romer, Advanced Macroeconomics, 5th edition, McGraw-Hill, page 665: