Economy and Social Status: Methods for Empirically Determining Status Effects on Ratio Satisfaction of Income Cover Image

Икономика и социален статус: методи за емпирично установяване на статусните ефекти по отношение на удовлетвореността от дохода
Economy and Social Status: Methods for Empirically Determining Status Effects on Ratio Satisfaction of Income

Author(s): Teodor Sedlarski
Subject(s): Social Sciences, Economy, Sociology, Methodology and research technology, Socio-Economic Research
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: social status; Veblen effects; relative deprivation; subjective well-being

Summary/Abstract: This articles summarizes the empirical study methods of the social status comparisons effects on subjective material well-being. The possibility to empirically check hypotheses about the impact of social status on economic behavior enables the inclusion of status into modern mainstream economic analysis.

  • Issue Year: 5/2019
  • Issue No: 5
  • Page Range: 143-159
  • Page Count: 17
  • Language: Bulgarian