On limiting the market for status signals
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TLDR
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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Signaling, network externalities, and subsidies
Bruno De Borger,Amihai Glazer +1 more
TL;DR: A signal may be more effective the greater the number of people who use the same signal, thereby creating a network externality and potentially generating multiple equilibria as mentioned in this paper. But people who benefit from the signal may oppose too large a subsidy, because a large subsidy could destroy the signaling value.
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Networks, Group Identity and Poverty
TL;DR: The authors traite quelques mecanismes par lesquels les reseaux et groupes sociaux affectent la pauvrete et les inegalites sociales et economiques.
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Relative Consumption, Optimal Taxation and Public Provision of Private Goods
Tobias Koenig,Tobias Lausen +1 more
TL;DR: In this article, the authors show that public provision of private goods may be justified on pure efficiency grounds in an environment where individuals have relative consumption concerns, and identify sufficient conditions where public provision is always part of the optimal policy mix, even when consumption taxes are available.
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Status and Conspicuous consumption: Understanding consumers’ Psyche. Reference to luxury car brands
TL;DR: In this article, the authors tried to investigate whether status and conspicuousness are two different constructs in measuring brand prestige utilizing new luxury market as a reference point, in other words, the attempt will determine if consumers can differentiate between the perceived status and perceived conspicuousness of the brands in product category (luxury car brands) selected in the Sri Lanka context.
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Diaspora transferts statut social et inégalité [Diaspora remittances social status and inequality]
TL;DR: In this article, the authors consider a model that extends the scope of social preferences of the families of the migrants and show that if some poor families receive remittances and social culture affects the composition of their consumption, then in presence of strong social inequality, poor families tend to consume more conspicuous goods in order to hide their real hierarchical social position.
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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