In this paper, we put into perspective the recent literature which points to inequality as a
possible cause of credit bubbles, by reintegrating it into a more general analysis on the two …

Income inequality has been associated with higher levels of status consumption with well-
established harmful effects on health, wellbeing and economic stability. Research has …

Using the data from the China Family Panel Studies from 2010 to 2018, we find that rising
income inequality causes parents to spend more on children's education, both in school and …

According to a social rank hypothesis, consumers who live in regions with higher income
inequality will show greater interest in, and attention toward, positional goods and high …

Moving beyond mainstream approaches to climate change mitigation that focus primarily on
technological advancements, proponents of a working time reduction argue that it is a multi …

We investigate the effect of the provincial female-to-male wage gap on household
educational expenditure for children in China. We find that an increase in the female-to-male …

Is there a positive association between a nation's income inequality and concerns with
status competition within that nation? Here we use Google Correlate and Google Trends to …

We demonstrate that upward-looking comparisons induce “keeping up with the richer
Joneses”-behaviour. Using data from the German Socio-Economic Panel, we estimate the …

Regional inequality is known to magnify sensitivity to social rank. This, in turn, is shown to
increase people's propensity to acquire luxury goods as a means to elevate their perceived …

In the era of financialization, increasing income inequality could be observed in most
developed and many developing countries. Despite similar developments in inequality, the …