No. 2015-03 - Income Inequality and Status-Seeking

Date: 21 December 2015

The 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.

Herman G. van de Werfhorst Marii Paskov Klarita Gërxhani

Employment, Equity and Growth

Income Inequality and Status-Seeking

Type: inet-working-paper

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