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and negative relationship between inequality and share of nutritional consumption as reflected in the consumption of food …. Finally the paper looks at the empirical relationship between inequality and consumption across districts within states of … India. The hypotheses that inequality impacts consumption patterns via status effect cannot be rejected. In fact the impact …
Persistent link: https://www.econbiz.de/10011259208
-based measure. However, the role of social inequality in influencing individual’s consumption and inducing greater consumption of … the so called status good has been relatively undermined. This paper attempts to show that in presence of inequality a …
Persistent link: https://www.econbiz.de/10009323226
literature. This paper, using a two commodity framework, attempts to show that in presence of inequality, a status driven utility … such a utility function is constructed to analyse the implications of social inequality on relative prices and the emerging …
Persistent link: https://www.econbiz.de/10009323236
In presence of inequality a status driven utility function reconciles the conflict between income based and nutrition …
Persistent link: https://www.econbiz.de/10008765909
In this paper we attempt to examine the role of social inequality and status effects in driving trade between two … level of inequality is likely to export the non-status good to the country characterized by a lower level of inequality …, thus, establishing the extent of inequality as a determining factor behind comparative advantage. …
Persistent link: https://www.econbiz.de/10011112807
In the presence of inequality a status-driven utility function reconciles the conflict between income-based and …
Persistent link: https://www.econbiz.de/10010570510
Credit rationing in the presence of asset inequality affects production and trade pattern in this paper, but not in the …
Persistent link: https://www.econbiz.de/10011615862
We consider a situation where the relatively ‘poor’ are concerned about their relative income status with respect to a relevant reference group. Such a concern is explicitly introduced in a utility function to study the consumption behavior of the poor. We point towards a possible...
Persistent link: https://www.econbiz.de/10011265808
This paper investigates the optimal environmental policy (the mix of emissions tax and R&D subsidy) when two firms, producing differentiated products, compete in the output market over time. Firms compete over supply schedules, which encompasses a continuum of market structures from Bertrand to...
Persistent link: https://www.econbiz.de/10011265809
The purpose of this research study has been to expand our understanding of the finance-growth ‘nexus’ to finance-growth-inequality … data for two rounds the study attempts to assess the co-evolution of finance-growth-inequality in an intertemporal … borrowing. This questions the conventional wisdom regarding the policy aimed at financial inclusion. Inequality of income …
Persistent link: https://www.econbiz.de/10012018120