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EFFECT OF INCOME INEQUALITY ON HOUSEHOLDS' DESIRE TO LIVE BEYOND THEIR MEANS IN THE UNITED STATES
(Georgetown University, 2012)
This paper shows that, consistent with Veblen's signaling-by-consuming model, rising income inequality contributes to an increase in household conspicuous consumption. We use the Consumer Expenditures Survey (CEX) and ...
The Impact of Labor Market Reforms on Income Inequality
(Georgetown University, 2018)
This paper explores the impact of changes in the rigidity of labor market legislation on income inequality. Although traditional scholarship has focused on the impact of institutional arrangements on a selection of economic ...