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Signaling Status: The Impact of Relative Income on Household Consumption and Financial Decisions

Signaling Status: The Impact of Relative Income on Household Consumption and Financial Decisions

https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_crossref_primary_10_1287_mnsc_2019_3577

Signaling Status: The Impact of Relative Income on Household Consumption and Financial Decisions

About this item

Full title

Signaling Status: The Impact of Relative Income on Household Consumption and Financial Decisions

Publisher

Linthicum: INFORMS

Journal title

Management science, 2021-04, Vol.67 (4), p.1993-2009

Language

English

Formats

Publication information

Publisher

Linthicum: INFORMS

More information

Scope and Contents

Contents

This paper investigates the importance of status in household consumption and credit decisions using data from the Survey of Consumer Finances linked to tract-level data in the American Community Survey. We find that relatively richer households in the census tract use more debt and spend more on high-status cars. Also, county-level evidence shows...

Alternative Titles

Full title

Signaling Status: The Impact of Relative Income on Household Consumption and Financial Decisions

Authors, Artists and Contributors

Identifiers

Primary Identifiers

Record Identifier

TN_cdi_crossref_primary_10_1287_mnsc_2019_3577

Permalink

https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_crossref_primary_10_1287_mnsc_2019_3577

Other Identifiers

ISSN

0025-1909

E-ISSN

1526-5501

DOI

10.1287/mnsc.2019.3577

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