Micawber threshold

短语

释义与例句

name
  1. 1.

    A level of income, above the poverty line, but not high enough to cope with economic shocks.

    金融

    As for the moderate poverty line, the existence of positive expected net savings capacity is in a sense a Micawber threshold [Dickens 1849-50, ch. 14], separating accumulation from decumulation of the present value of a person's human and physical capital stock.

词源

From the Dickens character Wilkins Micawber, known for his inability to work his way out of poverty.

来源：wiktionary