Relative Social Status and Conflicting Measures of Poverty: A Behavioural Analytical Model

Sugata Marjit, Arijit Mukherjee and Koushik Hati

No 2015-02, Discussion Papers from University of Nottingham, GEP

Abstract: We consider a situation where the relatively ‘poor’ are concerned about their relative income status with respect to a relevant reference group. Such a concern is explicitly introduced in a utility function to study the consumption behavior of the poor. We point towards a possible conflict between income based and nutrition-based measure of poverty. Changes in income distribution generate non-homothetic outcome for an “otherwise homothetic” preference structure and may convert an “otherwise normal” good into an inferior good.

Keywords: Status; Consumption pattern; Inequality; Poverty (search for similar items in EconPapers)
Date: 2015
New Economics Papers: this item is included in nep-pke and nep-upt
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

Downloads: (external link)
https://www.nottingham.ac.uk/gep/documents/papers/2015/2015-02.pdf (application/pdf)

Related works:
Working Paper: Relative Social Status and Conflicting Measures of Poverty - A Behavioral Analytical Model (2015)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:not:notgep:15/02

Access Statistics for this paper

More papers in Discussion Papers from University of Nottingham, GEP School of Economics University of Nottingham University Park Nottingham NG7 2RD. Contact information at EDIRC.
Bibliographic data for series maintained by Hilary Hughes ().