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The quest for status is a powerful motivator, but does it affect inequality? This paper presents a novel lab experiment that was designed and conducted to identify the relationship between inequality, status signaling, debt, and conspicuous consumption. It reports three main findings: First,...
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"The relationship between wealth and child labor has been widely examined. This paper uses three rounds of time …-series, cross-sectional data to examine the relationship between wealth and child labor and schooling. The paper finds that wealth … enrollment for rural girls from 1998 to 2006. This increase is independent of wealth (measured by per capita expenditure …
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