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We relate an observed difference between single men (SM) and single women (SW) in attitudes towards risk to the higher value assigned to social status by SM than by SW. In the marriage market, low status carries a harsher penalty for SM than for SW because when selecting a partner, the social...
Persistent link: https://www.econbiz.de/10011383356
This paper argues that an increase in the inequality of wealth prompts a stronger quest for status that in turn fosters the accumulation of wealth. It proposes a measure for an individual’s want of social status. For a given level of a population’s wealth, the corresponding aggregate measure...
Persistent link: https://www.econbiz.de/10002584206
Drawing on the literature of occupational status and social distance, a theory is developed of labor migration that is … extended from a closed, single economy to an open economy setting in a world that consists of two countries or two regions. It … Theorie zur Migration von Arbeitskraft, die den Wunsch des Einzelnen mit einbezieht, eine Abwertung des sozialen Status zu …
Persistent link: https://www.econbiz.de/10003944851
This paper argues that an increase in the inequality of wealth prompts a stronger quest for status that in turn fosters the accumulation of wealth. It proposes a measure for an individual’s want of social status. For a given level of a population’s wealth, the corresponding aggregate measure...
Persistent link: https://www.econbiz.de/10009729676
A theory is developed of labor migration that is prompted by a desire to avoid "social humiliation". In a general …
Persistent link: https://www.econbiz.de/10009733804