parents to have fewer but better educated children, which may foster economic development. Second, government should sometimes …

It has been shown that a person’s relative income – compared to a reference group – has a negative impact on self … relative income is low. In this paper we study this hypothesis by estimating the effect of relative income on job mobility … characteristics. Our findings suggest that workers compare their own income to that of their neighbors, and low relative income is …

In this paper, we elicit preferences of Swiss citizens for the allocation of income redistribution to different uses … amount of income redistribution as a share of disposable income. Here, we estimate marginal willingness-to-pay values for … types of recipients (old-age pensioners, people with ill health, the unemployed, working poor, and families with children …

associations between social status and income. This paper focuses on the supply of status and tests the underlying assumption by …'s GDP per capita and its FIFA rank, which suggests that income is related to these "status" fixed effects through some … caution though that income is not an exclusive driver of status, as ability, age, game outcome and race also matter. …

Using the Chinese urban household survey data between 1997 and 2006, we find that income inequality has a negative … (positive) impact on households’ consumption (savings), even after we control for family income. We argue that people save to … improve their social status when social status is associated with pecuniary and non-pecuniary benefits. Rising income …