The relative income hypothesis

DOI10.1016/J.JEDC.2011.03.012zbMath1229.91235OpenAlexW1986479313MaRDI QIDQ654598

Ngo Van Long, Francisco Alvarez-Cuadrado

Publication date: 29 December 2011

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

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

zbMATH Keywords

interpersonal comparisonspermanent income hypothesisrelative income hypothesis

Mathematics Subject Classification ID

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

Related Items (2)

Heterogeneous conformism and wealth distribution in a neoclassical growth model ⋮ The fight-or-flight response to the Joneses and inequality

Cites Work

• 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
• The General Theory of Employment, Interest, and Money
• Unnamed Item

This page was built for publication: The relative income hypothesis