No. 2015-03 - Income Inequality and Status-Seeking
Date: 21 December 2015The objective of this paper is to study status-seeking, defined as pursuit for elevated social status, and how it relates to income inequality. Based on the literature suggesting that in unequal societies people are more concerned about their position in the social hierarchy, we hypothesize that people will also be more eager to attain enhanced social status in the eyes of others.
Income Inequality and Status-Seeking
Type: inet-working-paperView Document