This article reviews the literature on aspirations in economics, with a particular focus on
socially determined aspirations. The core theory builds on two fundamental principles:(a) …

We are part of Nature, not separate from it. We rely on Nature to provide us with food, water
and shelter; regulate our climate and disease; maintain nutrient cycles and oxygen …

Abstract Using the Chinese Household Finance Survey data set, the study shows that
concern with relative income significantly stimulates poor households to apply for bank …

In this article we study consumption network effects. Does the consumption of our peers
affect our own consumption? How large is such effect? What are the economic mechanisms …

It is commonly argued that because relative consumption appears to matter to people, they
must be involved in a 'rat race': people work harder and consume more than they would …

This paper investigates the trickle-down consumption effect and the moderating effect of
digital finance in China. Three realistic patterns motivate this study; trickle-down …

We investigate the behavior of the equilibrium price–rent ratio for housing in a standard
asset pricing model and compare the model predictions to survey evidence on the return …

Presents an assessment of the benefits and costs of temporary and permanent immigration,
with regard to the budgets and balance sheets of Australian governments, and the income …

One suggested hypothesis for the dramatic rise in household borrowing that preceded the
financial crisis is that low-income households increased their demand for credit to finance …

In this study, we examine the effects of own and peer adoption of improved soybean variety
on household yields and food and nutrient consumption, using observational data from …