Arbeitspapier
Choosing or Inheriting the Joneses: The Origins of Reference Groups
Do individuals choose their reference groups, i.e. their Joneses, or are they culturally transmitted across generations? We provide evidence that feeds the theoretical debate about the endogeneity or exogeneity of reference groups. Our findings for Uruguay suggest that reference groups are largely transmitted across generations. We also find individuals to have multiple reference groups and these to be context-specific. Our results are robust to several checks and to endogeneity issues.
- Language
-
Englisch
- Bibliographic citation
-
Series: IZA Discussion Papers ; No. 15584
- Classification
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Wirtschaft
Personal Income, Wealth, and Their Distributions
Externalities
Equity, Justice, Inequality, and Other Normative Criteria and Measurement
Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification
- Subject
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intergenerational transmission
reference group
income comparisons
- Event
-
Geistige Schöpfung
- (who)
-
Leites, Martín
Paleo, Camila
Ramos Morilla, Xavier
Salas, Gonzalo
- Event
-
Veröffentlichung
- (who)
-
Institute of Labor Economics (IZA)
- (where)
-
Bonn
- (when)
-
2022
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Leites, Martín
- Paleo, Camila
- Ramos Morilla, Xavier
- Salas, Gonzalo
- Institute of Labor Economics (IZA)
Time of origin
- 2022
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