On limiting the market for status signals
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In this paper, the impacts of tax policy and benefits on the signalling equilibrium are considered, and the benefits of a Pareto-improving tax policy are discussed. But the authors do not consider the impact of tax on the signaling equilibrium.About:
This article is published in Journal of Public Economics.The article was published on 1994-01-01 and is currently open access. It has received 265 citations till now. The article focuses on the topics: Tax policy & Inefficiency.read more
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Status Goods: A Brief Survey
TL;DR: In this paper, the main reasons for this differentiation from regular consumption goods are explained and a brief review of the literature to show the latest scientific developments in the area of status goods is presented.
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Higher Tax and Less Work: An Optimal Response to Relative Income Concern
TL;DR: In this paper, the authors show that relative income concern reduces subjective wellbeing and raises labour supply, while increasing use of social media and growing inequality encourage comparison, and the optimal tax response increases with comparison, but, surprisingly, dominates the comparison effect and reduces individual labour supply.
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El Sistema Impositivo y su Efecto en el Funcionamiento de la Economía: Una Revisión de la Literatura
TL;DR: A survey of the literature on the effects of taxation on welfare can be found in this article, where the authors focus on the costs associated to the way tax collection is set up.
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Status and income inequality in a knowledge economy
TL;DR: The authors show that the expected utility of all agents can fall while output and productivity grows, and such an outcome of "immiserizing growth" hinges crucially upon the combination of concern for status and technology-induced rises in inequality.
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Social image or social Norm?: Re-examining the audience effect in dictator game Experiments
Chulyoung Kim,Sang-Hyun Kim +1 more
TL;DR: In this paper, a variant of the dictator game in which a recipient does not know whether an allocation decision was made by a dictator or by an exogenous force, called "nature", was considered and it was found that many dictators' decisions were affected by nature's intervention even when the recipient was informed of whether the dictator or nature had made the decision.
References
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An Economic Model of Welfare Stigma
TL;DR: In this paper, the authors model the negative self-characterizations of welfare recipients as a form of social stigma, and use a utility maximization model to predict the impact of welfare programs on the low-income population.
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Are Workers Paid their Marginal Products
TL;DR: In this paper, the authors examine a variety of empirical evidence that relates to this proposition about the firm's internal wage structure and conclude that the competitive wage structure within a firm must be one in which individual wage differences understate individual differences in marginal products.
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Public provision of private goods and the redistribution of income
Timothy Besley,Stephen Coate +1 more