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Expectations and information about the growth of GDP per capita have a large influence on decisions made by private and public economic agents. It will be argued here that GDP (per capita) is far from a robust indicator of social welfare, and that its use as such must be regarded as a serious...
Persistent link: https://www.econbiz.de/10011372528
In this paper we assess intergenerational mobility in terms of education and income rank in five Latin American countries—Brazil, Chile, Ecuador, Mexico, and Panama—by accounting for the education and occupation of both parents. Based on the method proposed by Lubotsky and Wittenberg (2006),...
Persistent link: https://www.econbiz.de/10014468166
no support for female discrimination. This result suggests that social status has important implications for men … hierarchical systems. This paper combines social status and norm enforcement, by introducing status in a dictator game with third … party punishment. Status is conveyed by surname; half of the third parties face dictators with a noble name and half face …
Persistent link: https://www.econbiz.de/10010281365
Persistent link: https://www.econbiz.de/10014530347
Persistent link: https://www.econbiz.de/10012200105
In this article the author considers an economy in which individuals are matched into pairs and the desirability of an individual depends on her position on the distribution of wealth. The author assumes that individuals show their relative standing by consuming a conspicuous good and he shows...
Persistent link: https://www.econbiz.de/10011811294
In this article the author considers an economy in which individuals are matched into pairs and the desirability of an individual depends on her position on the distribution of wealth. He assumes that individuals show their relative standing by consuming a conspicuous good and he shows that...
Persistent link: https://www.econbiz.de/10011899205
their own status in the organization, the organizational output, their friends' welfare, and the quality of their own …
Persistent link: https://www.econbiz.de/10012511761
Persistent link: https://www.econbiz.de/10013397612
Interdependencies in consumer behavior stem from either status-seeking consumption or compliance with social norms …. This paper analyzes how a consumption act changes from a means to signal the consumer's status to a means of norm … emergence of the cleanliness norm in the 19th century. -- social norms ; status seeking ; externalities ; consumer needs …
Persistent link: https://www.econbiz.de/10003875550