Status-seeking behavior, the evolution of income inequality, and growth

DOI10.1007/S00199-007-0318-4MaRDI QIDQ1006581zbMATH OpenOpenAlexFDO

Authors Koichi Kawamoto

Publication date 25 March 2009

Published in Economic Theory (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s00199-007-0318-4

zbMATH Keywords

income inequalityrelative incomestatus-seeking

Mathematics Subject Classification ID

Economic growth models (91B62) Models of societies, social and urban evolution (91D10)

Recommendations

• Dynamic status effects, savings, and income inequality
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Cites work

• Growth and income inequality: a canonical model
• On relative wealth effects and the optimality of growth

Cited in

(12)

• Status, affluence, and inequality: rank-based comparisons in games of status
• Jealousy and underconsumption in a one-sector model with wealth preference
• Aspirations, health and the cost of inequality
• The fight-or-flight response to the Joneses and inequality
• Dual-fairness supply chain with quantity discount contracts
• Inequality and growth in the presence of competition for status
• Order allocation model in logistics service supply chain with demand updating and inequity aversion: a perspective of two option contracts comparison
• Nothing else matters: evolution of preference for social prestige
• Dynamic status effects, savings, and income inequality
• Preferences, income, and life satisfaction: an equivalence result
• Matching, heterogeneity, and the evolution of income distribution
• Choosing to keep up with the Joneses and income inequality

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