Arbeitspapier
Status Aspirations, Wealth Inequality, and Economic Growth
This paper argues that an increase in the inequality of wealth prompts a stronger quest for status that in turn fosters the accumulation of wealth. It proposes a measure for an individual's want of social status. For a given level of a population?s wealth, the corresponding aggregate measure of want of social status is shown to be positively related to the Gini coefficient of wealth inequality. Hence the Gini coefficient and growth are positively correlated, holding the population?s wealth constant.
- Sprache
-
Englisch
- Erschienen in
-
Series: ZEF Discussion Papers on Development Policy ; No. 95
- Klassifikation
-
Wirtschaft
Economic Growth and Aggregate Productivity: General
Equity, Justice, Inequality, and Other Normative Criteria and Measurement
Sociology of Economics
Personal Income, Wealth, and Their Distributions
Relation of Economics to Social Values
- Thema
-
Quest for status
Distribution of wealth
Economic growth
Vermögensverteilung
Einkommensverteilung
Sozialer Status
Wirtschaftswachstum
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Stark, Oded
- Ereignis
-
Veröffentlichung
- (wer)
-
University of Bonn, Center for Development Research (ZEF)
- (wo)
-
Bonn
- (wann)
-
2005
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Stark, Oded
- University of Bonn, Center for Development Research (ZEF)
Entstanden
- 2005
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