Abstract: This paper argues that an increase in the inequality of wealth prompts a stronger quest for status that in turn fosters the accumulation of wealth. It proposes a measure for an individual's want of social status. For a given level of a population's wealth, the corresponding aggregate measure of want of social status is shown to be positively related to the Gini coefficient of wealth inequality. Hence the Gini coefficient and growth are positively correlated, holding the population's wealth constant.
In this paper we empirically investigate a possible effect of income inequality on growth. Using a p...
“Skills, Occupation Inequality and Development” is a theoretical study. There is no general agreemen...
In standard approaches to the political economy of inequality, the income distribution and the prefe...
This paper argues that an increase in the inequality of wealth prompts a stronger quest for status t...
This paper develops a theory of socially determined aspirations, and the interaction of those aspira...
To shed lights on growth, distribution and the relationships between the two, we develop a growth mo...
We analyze the impact of status preferences on technological progress and long-run economic growth w...
Inequality of wealth and income is currently a hotly debated subject not only in the academy but als...
Hirsch (1976) suggested that as consumption grows, an increasing proportion of the benefits people d...
A fundamental question in social sciences relates to the effect of wealth inequality on economic gro...
Inequality is unfortunately a phenomenon of great relevance for the contemporary period. The increas...
Abstract: This article surveys various equity-based arguments from Marx to Rawls, in favour of incom...
This paper extends the analysis of the wealth–income ratio based on the neoclassical model in a Schu...
Inequality of income is one of the significant factors forming social capital. Two views dominate am...
This paper develops a theory in which society-wide economic outcomes shape individual aspira-tions, ...
In this paper we empirically investigate a possible effect of income inequality on growth. Using a p...
“Skills, Occupation Inequality and Development” is a theoretical study. There is no general agreemen...
In standard approaches to the political economy of inequality, the income distribution and the prefe...
This paper argues that an increase in the inequality of wealth prompts a stronger quest for status t...
This paper develops a theory of socially determined aspirations, and the interaction of those aspira...
To shed lights on growth, distribution and the relationships between the two, we develop a growth mo...
We analyze the impact of status preferences on technological progress and long-run economic growth w...
Inequality of wealth and income is currently a hotly debated subject not only in the academy but als...
Hirsch (1976) suggested that as consumption grows, an increasing proportion of the benefits people d...
A fundamental question in social sciences relates to the effect of wealth inequality on economic gro...
Inequality is unfortunately a phenomenon of great relevance for the contemporary period. The increas...
Abstract: This article surveys various equity-based arguments from Marx to Rawls, in favour of incom...
This paper extends the analysis of the wealth–income ratio based on the neoclassical model in a Schu...
Inequality of income is one of the significant factors forming social capital. Two views dominate am...
This paper develops a theory in which society-wide economic outcomes shape individual aspira-tions, ...
In this paper we empirically investigate a possible effect of income inequality on growth. Using a p...
“Skills, Occupation Inequality and Development” is a theoretical study. There is no general agreemen...
In standard approaches to the political economy of inequality, the income distribution and the prefe...