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
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Publisher
Linthicum: INFORMS
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Language
English
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Publisher
Linthicum: INFORMS
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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...
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Full title
Signaling Status: The Impact of Relative Income on Household Consumption and Financial Decisions
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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