Micawber threshold

专有名词
中文释义

英文释义

专有名词
  1. A level of income, above the poverty line, but not high enough to cope with economic shocks.
    — 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.
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