How much do we care about absolute versus relative income and consumption?

How much do we care about absolute versus relative income and consumption?
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DOI:
10.1016/j.jebo.2002.10.007
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发表时间:
2005-03-01
影响因子:
2.2
通讯作者:
Johansson-Stenman, O
Johansson-Stenman, O
中科院分区:
经济学3区
文献类型:
--
作者:
Alpizar, F;Carlsson, F;Johansson-Stenman, O

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我们使用调查实验方法发现,大多数人都关心特定商品的相对收入和相对消费。根据商品的性质,关注的程度在预期方向上有所不同。然而,与之前的文献所建议的相反,我们发现相对消费对度假和保险也很重要,这通常被视为非位置商品。此外,绝对消费也被发现对汽车和住房很重要,这被广泛认为是高度地位的。(c) 2004年Elsevier B.V.出版
We find, using survey-experimental methods, that most individuals are concerned with both relative income and relative consumption of particular goods. The degree of concern varies in the expected direction depending on the properties of the good. However, contrary to what has been suggested in the previous literature, we find that relative consumption is also important for vacation and insurance, which are typically seen as non-positional goods. Further, absolute consumption is also found to be important for cars and housing, which are widely regarded as highly positional. (c) 2004 Published by Elsevier B.V.