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Who are the Joneses You are Keeping up with?

Mengyuan Zhou ()
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Mengyuan Zhou: Graduate School of Economics, Keio University

Economics Bulletin, 2018, vol. 38, issue 3, 1261-1266

Abstract: This study empirically investigates the choice of subjective reference group in a standard of living comparison and how this group was selected in Japan and the United States.

Keywords: Reference Groups; Standard of Living Comparison (search for similar items in EconPapers)
JEL-codes: Z0 (search for similar items in EconPapers)
Date: 2018-07-18
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