The impact of a reference point determined by social comparison on wealth growth and inequality
Year of publication: |
2021
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Authors: | Lou, Youcheng ; Strub, Moris S. ; Li, Duan ; Wang, Shouyang |
Published in: |
Journal of economic dynamics & control. - Amsterdam [u.a.] : Elsevier, ISSN 0165-1889, ZDB-ID 717409-3. - Vol. 127.2021, p. 1-26
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Subject: | Behavioral finance | Reference point | Social interactions | Wealth growth | Inequality | Wirtschaftswachstum | Economic growth | Vermögensverteilung | Wealth distribution | Vermögen | Wealth | Einkommensverteilung | Income distribution | Soziale Beziehungen | Social relations | Anlageverhalten | Behavioural finance |
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