The relative income hypothesis: a comparison of methods

• Publication Type: Journal Article
• Publication date: 15 May 2015
• DOI: https://doi.org/10.1016/j.econlet.2015.02.031
• ISSN: 1651765

Authors

Summary

Studies of the relative income hypothesis find positive and negative effects of relative income. To facilitate comparisons we use a large household panel and highlight the sensitivity of the relative income effect to the definition of the reference group and to the estimation strategy employed.

Volume and page numbers

Volume: 130 , p.47 -50

Subjects

Notes

Open Access article
Under a Creative Commons license