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"permanent income" is a correct and usable phrase in written English.
It is typically used in economics or finance to refer to a person's or household's long-term or sustainable level of income. Example: "In order to accurately assess individuals' spending habits, economists often consider their permanent income rather than just their current earnings."
Exact(60)
A well-managed forest can provide permanent income and environmental protection.
I was talking about the permanent income hypothesis; Lucas was talking about rational expectations.
The permanent income of business school students often exceeds that of their poor but well-meaning teachers.
But studies have long shown that people's spending is largely a function of what they view as their "permanent income".
One explanation for why rebates don't have a bigger impact is that they don't affect what Milton Friedman called people's "permanent income".
One is that there is some evidence that permanent income doesn't work all that well, that the rich persistently consume less of their income than the poor.
Economist Milton Friedman advocated a simplified version of this model, known as the "permanent income hypothesis," which abstracts from retirement saving decisions.
Mr. Romney's proposal, outlined in a telephone interview during a campaign swing through Nevada, is grounded in new, permanent income tax reductions.
Since we do not have permanent income or expenditure data, we cannot affirm the role of permanent income on child health.
Columns (1) and (4) use expenditures as a proxy for permanent income.
We also propose an alternative type of the modified measure by introducing the permanent income hypothesis.
Related(20)
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com