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Social limits to redistribution and conspicuous norms

Ferrari, Luca - 2018

consuming a conspicuous good and he shows that there exist different social norms supporting different matching arrangements. In … minimum level of redistribution of wealth which keeps the low class far from economic and social opportunities. …

Persistent link: https://www.econbiz.de/10011899205

Income inequality and saving in a class society : the role of ordinal status

Haagsma, Rein - 2018

This paper examines the impact of income growth and income inequality on household saving rates and payoffs in a non-cooperative game where each player’s payoff depends on her present and future consumption and her rank in the present consumption distribution. The setting is a pooling...

Persistent link: https://www.econbiz.de/10011877943

Income inequality and saving in a class society : the role of ordinal status

Haagsma, Rein - 2018

This paper examines the impact of income growth and income inequality on household saving rates and payoffs in a non-cooperative game where each player's payoff depends on her present and future consumption and her rank in the present-consumption distribution. The setting is a pooling...

Persistent link: https://www.econbiz.de/10011789399

Social limits to redistribution and conspicuous norms

Ferrari, Luca - In: Economics: The Open-Access, Open-Assessment E-Journal 12 (2018) 2018-57, pp. 1-21

Persistent link: https://www.econbiz.de/10011902134

Social limits to redistribution and conspicuous norms

Ferrari, Luca - 2018

standing by consuming a conspicuous good and he shows that there exist different social norms supporting different matching … class in exchange of a minimum level of redistribution of wealth which keeps the lower class far from economic and social …

Persistent link: https://www.econbiz.de/10011811779

Who are the Joneses?

Dahlin, Maria - 2014

A burgeoning literature investigates the extent to which self-reported well-being (or happiness) or satisfaction with income is negatively related to the income of others. In many of the empirical studies, the assumption is that the incomes that matter are those of other individuals or...

Persistent link: https://www.econbiz.de/10013052573

From status-seeking consumption to social norms : an application to the consumption of cleanliness

Woersdorfer, Julia Sophie - 2008

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 compliance. It is shown that such a transformation can only be...

Persistent link: https://www.econbiz.de/10003875550

Redistribution and the notion of social status

Bilanci, Ennio; Boncinelli, Leonardo - In: Journal of public economics 96 (2012) 9/10, pp. 651-657

Persistent link: https://www.econbiz.de/10009702502

Social status competition and the impact of income inequality in evolving social networks : an agent-based model

Antinyan, Armenak; Horvath, Gergely; Jia, Mofei - In: Journal of behavioral and experimental economics 79 (2019), pp. 53-69

Persistent link: https://www.econbiz.de/10012240858

The tragedy (or virtue?) of in-kind redistribution : how the poor pays for the rich's status concerns

Schumacher, Jan - 2008

net cash incomes. When deciding on the size and on the structure of redistribution, the rich person decides that at least … part of the redistribution is done in-kind, even if a private substitute for the publicly provided good is available. The … when the richer cares for her status compared to a situation in which she does not. -- redistribution ; in-kind transfers …

Persistent link: https://www.econbiz.de/10009746177

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