Showing 1 - 10 of 700
. Using a novel dataset from the emerging economy of Kazakhstan we find that internal migrants earn an income and status …. -- absolute and relative welfare ; income ; status consumption ; signaling model ; conspicuous consumption ; adaptation ; internal …
Persistent link: https://www.econbiz.de/10009740076
ask if consumers are affected by factors such as emotions and limited attention, as highlighted in behavioral economics … when the news is covered more extensively, suggesting that emotions and media attention are the main drivers of the impact. …
Persistent link: https://www.econbiz.de/10013346977
This paper provides an analysis of the social consequences of people seeking to keep up with the Joneses. All individuals attempt to reach a higher rank than the Joneses, including the Joneses themselves. This attitude gives rise to an equilibrium in which all individuals have equal utilities...
Persistent link: https://www.econbiz.de/10010528644
estimation. In particular, there are relative concerns (for consumption at the top) in counties with relatively low income …
Persistent link: https://www.econbiz.de/10010409785
We investigate the extent to which asylum policies that aim to deter individuals from migrating irregularly in fact do so. We specifically consider effects of Germany's recent and high-profile asylum policy adjustments, which include accelerated asylum decision processes, the prospect of asylum...
Persistent link: https://www.econbiz.de/10014495681
There are many possible connections between VSL and behavioral economics. A list of topics includes endowment effects, risk salience, ambiguity aversion, present bias, reference groups, reference points, and experienced versus decision utilities. There are also nudges that connect to estimating...
Persistent link: https://www.econbiz.de/10011998638
A large number of empirical studies have investigated the link between social status and happiness, yet in observational data identification challenges remain severe. This study exploits the fact that in India people are assigned a caste from birth. Two identical surveys of household heads (each...
Persistent link: https://www.econbiz.de/10011738892
particularly concerned with the extent to which their finding that income effects on child health are the result of spurious … estimates of the effect of parental education will be biased upwards. Moreover, it is very common for parental income data to be … grouped, in which case income is measured with error and the coefficient on income will be biased towards zero and there are …
Persistent link: https://www.econbiz.de/10003280782
This paper considers the effect of status or relative income on work effort combining experimental evidence from a gift …. The individual's rank in the income distribution is a stronger determinant of effort than others' average income …: those who received higher income offers or had higher income rank in the past exert lower levels of effort for a given …
Persistent link: https://www.econbiz.de/10003333113
are in much worse health than those at the top. This health gradient exists whether education, income, or financial wealth …, feedbacks from new health events to household income are one of the reasons that underlie the strength of the income gradient …
Persistent link: https://www.econbiz.de/10003429623