The equilibrium distribution of income and the market for status

Journal of Political Economy

Volumn 113, Issue 2, 2005, Pages 282-310

  Becker, Gary S ^a   Murphy, Kevin M ^a   Werning, Iván ^b,c,d  

^a UNIVERSITY OF CHICAGO   (United States)

^b MASSACHUSETTS INSTITUTE OF TECHNOLOGY   (United States)

^c National Bereau of Economics Research   (United States)

^d UNIVERSIDAD TORCUATO DI TELLA   (Argentina)

Author keywords

[No Author keywords available]

Indexed keywords

INCOME DISTRIBUTION; THEORETICAL STUDY;

EID: 23044512173     PISSN: 00223808     EISSN: None     Source Type: Journal    
DOI: 10.1086/427463     Document Type: Article

References (12)

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2. Brenner, Reuven. 1983. History: The Human Gamble. Chicago: Univ. Chicago Press.
3. Cole, Harold L., and Edward C. Prescott. 1997. "Valuation Equilibrium with Clubs." J. Econ. Theory 74 (May): 19-39.
4. Coleman, James S. 1990. Foundations of Social Theory. Cambridge, MA: Harvard Univ. Press.
5. Frank, Robert H. 1999. Luxury Fever: Why Money Fails to Satisfy in an Era of Excess. New York: Free Press.
6. Friedman, Milton. 1953. "Choice, Chance, and the Personal Distribution of Income." J.P.E. 61 (August): 277-90.
7. Friedman, Milton, and Leonard J. Savage. 1948. "The Utility Analysis of Choices Involving Risk." J.P.E. 56 (August): 279-304.
8. Mirrlees, James A. 1971. "An Exploration in the Theory of Optimum Income Taxation." Rev. Econ. Studies 38 (April): 175-208.
9. Pareto, Vilfredo. 1896. Cours d'économie politique professé à l'Université de Lausanne. Lausanne: Pichon.
10. Robson, Arthur J. 1992. "Status, the Distribution of Wealth, Private and Social Attitudes to Risk." Econometrica 60 (July): 837-57.
11. Rosen, Sherwin. 1997. "Manufactured Inequality." J. Labor Econ. 15 (April): 189-96.
12. Veblen, Thorstein. 1934. The Theory of the Leisure Class: An Economic Study of Institutions. New York: Modern Library.