Showing 1 - 10 of 20
definitions of middle-class using data from the 2007 World Gallup Poll. Seven objective income-based definitions of social class … fact that self-perceived social status is associated not just with income, but also with personal capabilities …
Persistent link: https://www.econbiz.de/10010943989
. Seven objective income-based definitions of social class are contrasted with a self-perceived social status measure … incomes. Mismatches arise because self-perceived social status is associated not just with income, but also with personal …
Persistent link: https://www.econbiz.de/10010944419
Persistent link: https://www.econbiz.de/10008516149
In the growth literature, evidence on income convergence is mixed. In the development literature, health and education …
Persistent link: https://www.econbiz.de/10005248134
In today’s changing world the business environment is changing rapidly. The emergence of e-commerce and development of information and technology plays a significant role in the nature of work as well as their attitude towards the organization. We have been experiencing a tremendous growth in...
Persistent link: https://www.econbiz.de/10011260489
unique, stable Nash equilibrium in which the supply of public goods critically depends on the distribution of income and the … observability parameter. Interestingly, an increase (decrease) in the observability for income losers (gainers), for a given income … redistribution, leads to an increase in the supply of public goods. In the absence of such income redistribution, the increase in the …
Persistent link: https://www.econbiz.de/10005765411
Persistent link: https://www.econbiz.de/10010708447
This study examines the effects of monetary policy in a two-sector cash-in-advance economy of human capital accumulation. Agents concern about their social status represented by the relative physical capital and relative human capital. We find that if the desire for social status depends only on...
Persistent link: https://www.econbiz.de/10009004210
Conventional models of social status purport a positive infl ation-growth relationship, and attribute this empirical contradiction to the presence of a consumer's desire for social status. These models are dominated by a substitution effect of money holdings for capital holdings, as an increase...
Persistent link: https://www.econbiz.de/10011095429
The paper provides a quantitative assessment of social returns to education in Italy. It shows that, after controlling for individual characteristics, local average human capital is positively correlated with individual wages, with estimated social returns between 2 and 3 percent. This result is...
Persistent link: https://www.econbiz.de/10005248310