2012-02: Conspicuous consumption and the distribution of income within social groups (Working paper)
File version
Author(s)
Kaus, Wolfhard
Griffith University Author(s)
Primary Supervisor
Other Supervisors
Editor(s)
Nguyen, Tom
Date
Size
11 pages
File type(s)
Location
License
Abstract
This paper explores the relationship between the dispersion of group income and conspicuous consumption levels of individuals in multi-group settings. Consistent with existing finding we find a negative relationship between income dispersion and conspicuous consumption. Further, using South African data, we find evidence that increasing the income distribution has precisely the reverse of the hypothesized effect: as the dispersion of income within a group increases, rich households in the group tend to reduce spending on visible goods, while the poor tend to increase spending on visible goods.
Journal Title
Conference Title
Book Title
Edition
Volume
Issue
Thesis Type
Degree Program
School
Publisher link
DOI
Patent number
Funder(s)
Grant identifier(s)
Rights Statement
Rights Statement
Copyright © 2010 by author(s). No part of this paper may be reproduced in any form, or stored in a retrieval system, without prior permission of the author(s).
Item Access Status
Note
Economics and Business Statistics
Access the data
Related item(s)
Subject
J15 - Economics of Minorities, Races, and Immigrants; Non-labor Discrimination
D83 - Search; Learning; Information and Knowledge; Communication; Belief
D12 - Consumer Economics: Empirical Analysis
O12 - Microeconomic Analyses of Economic Development
Conspicuous consumption
income distribution
signaling
status
South Africa