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This paper argues that an increase in the inequality of wealth prompts a stronger quest for status that in turn fosters the accumulation of wealth. It proposes a measure for an individual’s want of social status. For a given level of a population’s wealth, the corresponding aggregate measure...
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This paper argues that an increase in the inequality of wealth prompts a stronger quest for status that in turn fosters the accumulation of wealth. It proposes a measure for an individual's want of social status. For a given level of a population's wealth, the corresponding aggregate measure of...
Persistent link: https://www.econbiz.de/10012911262
Persistent link: https://www.econbiz.de/10012036000
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We use a controlled laboratory experiment to study the causal impact of income decreases within a time period on redistribution decisions at the end of that period, in an environment where we keep fixed the sum of incomes over the period. First, we investigate the effect of a negative income...
Persistent link: https://www.econbiz.de/10012814519
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Целью статьи является исследование теоретико-методических положений и предложений, обоснование содержания и моделирования процесса формирования...
Persistent link: https://www.econbiz.de/10011271271