We consider a dynamic macroeconomic model with households that regard relative affluence as social status. The measure of relative affluence can be the ratio to, or the difference from, the social average. The two specifications lead to quite different results: with the ratio specification full...

We show evidence that receiving Japan's Akutagawa and Naoki Prizes for literature has positive and negative effects on their recipients' longevity. Using a dataset covering both awards, we show that recipients of the Akutagawa Prize for rising novelists exhibit lower mortality than fellow...