The relative income hypothesis

DOI10.1016/J.JEDC.2011.03.012zbMATH Open1229.91235OpenAlexW1986479313MaRDI QIDQ654598FDOQ654598

Authors: Francisco Alvarez-Cuadrado, Ngo Van Long 

Publication date: 29 December 2011

Published in: Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL: https://cirano.qc.ca/files/publications/2008s-18.pdf

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zbMATH Keywords

interpersonal comparisonspermanent income hypothesisrelative income hypothesis

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

Cites Work

• Title not available (Why is that?)
• The General Theory of Employment, Interest, and Money
• Consumption externalities: a representative consumer model when agents are heterogeneous
• Keeping up with the ageing Joneses
• Optimal Taxation when Consumers Have Endogenous Benchmark Levels of Consumption

Cited In (4)

• The fight-or-flight response to the Joneses and inequality
• Existence and specific characters of rentiers: a savers-spenders theory approach
• Heterogeneous conformism and wealth distribution in a neoclassical growth model
• A model of relative deprivation

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