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This paper is the first attempt towards directly testing the existence of status seeking behavior of the poor for a developing economy, India, with the help of a large dataset. The paper empirically validates status consciousness among the relatively poor for both rural and urban areas across...
Persistent link: https://www.econbiz.de/10011898668
nutrition-based measures of poverty. Moreover, it can explain why the poor tend to save less, an established empirical fact in …
Persistent link: https://www.econbiz.de/10010319857
nutrition-based measures of poverty. Moreover, it can explain why the poor tend to save less, an established empirical fact in … integrate various strands of literature on status effects. -- inequality ; inter-temporal consumer choice ; utility ; poverty …
Persistent link: https://www.econbiz.de/10009545463
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This paper is the first attempt towards directly testing the existence of status seeking behavior of the poor for a developing economy, India, with the help of a large dataset. The paper empirically validates status consciousness among the relatively poor for both rural and urban areas across...
Persistent link: https://www.econbiz.de/10012908708
movements of real wage in the informal sector in India and how this affects poverty at the state level. The basic result on …
Persistent link: https://www.econbiz.de/10014052354
In this paper we show, using a Machine Learning Framework and utilising a substantial corpus of media articles on Brexit, confirmed evidence of co-integration and causality between the ensuing media sentiments and British currency. The novel contribution of this paper is that along with...
Persistent link: https://www.econbiz.de/10012038978