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We analyze the political economy of the public provision of private goods when individuals care about their social status. Status concerns motivate richer individuals to vote for the public provision of goods they themselves buy in markets: a higher provision level attracts more individuals to...
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We consider a finite economy with men and women. The agents have status concerns such that when a particular agent has k agents of the same type below him/her in the income distribution, he/she gets utility kA, where A0, from status. Acquiring income is costly and once the income distribution is...
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As migration rates increase across the world, the choice of whether to retire in the host or home country is becoming a key decision for up to 15% of the world’s population, and this proportion is growing rapidly. Large waves of immigrants who re-settled in the second half of the 20th century...
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