The relative income hypothesis: A comparison of methods
Brown, S., Gray, D. and Roberts, J.
(2015)
The relative income hypothesis: A comparison of methods.
Economics Letters, 130.
pp. 47-50.
ISSN 0165-1765
Abstract
Studies of the relative income hypothesis find positive and negative effects of relative income. To facilitate comparisons we use a large household panel and highlight the sensitivity of the relative income effect to the definition of the reference group and to the estimation strategy employed.
CORE (COnnecting REpositories)
CORE (COnnecting REpositories)