The relative income hypothesis
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- Francisco Alvarez-Cuadrado & Ngo Van Long, 2008. "The Relative Income Hypothesis," CIRANO Working Papers 2008s-18, CIRANO.
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More about this item
Keywords
Interpersonal comparisons Relative income hypothesis Permanent income hypothesis;JEL classification:
- D62 - Microeconomics - - Welfare Economics - - - Externalities
- E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
- H21 - Public Economics - - Taxation, Subsidies, and Revenue - - - Efficiency; Optimal Taxation
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