How Much Do We Care About Absolute Versus Relative Income and Consumption

By F. Alpízar, Fredrik Carlsson, Olof Johansson-Stenman. 2005

518 citations recorded by the source corpus.

Subfields: Gender Studies, Social Psychology, Sociology and Political Science

View Paper: https://www.semanticscholar.org/paper/5fe0e075fa2fb8d2c9400e3b5481997808a8e0a0

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Citations in the corpus

Valuation Techniques for Social Cost-Benefit Analysis: (2011, background): “Controlling for relative income in the LS function tends to have the effect of increasing the impact (ie, coefficient) of income on LS (eg, Alpizar et al., 2005; Clark et al., 2008; Easterlin, 1995; Frank, 2005).”
Getting Ahead of the Joneses: When Equality Increases Conspicuous Consumption among Bottom-Tier Consumers (2011, methodology): “…the reference level are, and hence they have used different measures of central tendency of the distribution (mean or median levels of possession) to measure possession gaps (Alpizar, Carlsson, and Johansson-Stenman 2005; Clark and Oswald 1998; Duesenberry 1949; Festinger 1954; Knell 1999).”
Attitudes to Income Inequality: Experimental and Survey Evidence (2014, background): “The concern for relative standing is the focus of another set of contributions in experimental economics (see Alpizar et al., 2005; Johansson-Stenman et al., 2002; Solnick andHemenway, 1998; Yamada and Sato, 2013).”
Honestly, why are you driving a BMW? (2006, background): “In stated-preference studies, Solnick and Hemenway (1998) and Alpizar et al. (2002) compared the degree of positionality for different goods and found, as expected, that more visible goods (such as cars) tend to be more positional.”
Will GDP Growth Increase Happiness in Developing Countries? (2011, background): “An alternative approach is to ask individuals to choose between hypothetical outcomes, as in Alpizar et al. (2005), Johannsson-Stenman et al. (2002) and Solnick and Hemenway (1998).”
The Conflictive Relationship between Satisfaction and Income (2008, unknown): “Carlsson and collaborators (Alpízar et al., 2005; Carlsson et al., 2005) show that some consumer goods play a greater positional role than others: for example, television sets are highly positional, while length of vacation is not.”
The GDP paradox (2009, background): “On the basis of experiments and surveys, Alpizar, Carlsson, and Johansson-Stenman (2005) find that relative consumption not only plays a role in the case of goods like houses but also holidays and even insurance.23 Earlier, Solnick and Hemenway (1998) assessed that a majority of respondents would…”
Who Cares about Relative Deprivation (2005, unknown): “…placed on promoting 2 There is a large literature; other contributions include Easterlin (1974, 1995), Townsend (1979), van de Stadt et al., (1985), Akerlof and Yellen (1990), Frank (1985, 1997), Oswald (1997), Solnick and Hemenway (1998), Walker and Smith (2001) and Alpizar et al. (2005).”
Conformity and the Demand for Environmental Goods (2010, background): “position in society than men ( Alpizar et al., 2005 ).”
How Economic Contractions and Expansions Affect Expenditure Patterns (2012, methodology): “To empirically test hypothesis 1 with actual household budget allocation data would require a direct measure of the extent to which a particular expenditure category is positional, which unfortunately is not available from the existing literature (Alpizar et al. 2005; Carlsson, Johansson-Stenman, an”
Education as a Positional Good: A Life Satisfaction Approach (2011, background): “2 In this paper we will not tackle this experimental economic literature; nevertheless, readers interested on this topic can refer to the work by Solnick and Hemenway (1998), Alpizar et al. (2005), or Carlsson et al.”
Relative Concerns of Rural-to-Urban Migrants in China (2012, background): “…(e.g., Clark and Oswald, 1996; McBride, 2001; Ferrer-i-Carbonell, 2005; Luttmer, 2005; Senik, 2004, 2008; Pérez-Asenjo, 2010; see also the survey of Clark et al., 2008) or tailor-made survey experiments (e.g., Solnick and Hemenway 1998; Johansson-Stenman et al., 2002; Alpizar et al., 2005).”
Income and happiness: Evidence, explanations and economic implications (2006, background): “Alpizar et al. (2005), Johannsson-Stenman et al. (2002) and Solnick and Hemenway (1998) present respondents with states of the world which differ in both the absolute and relative domains.”