Social Status and Economic Performance: A Survey
AbstractThis survey combines ideas and results from sociology and economics, recognizing that economic decisions are often shaped by social concerns and influences. Based on the sociological literature, we define social status and describe its measurement. We then describe the role of social status in economic analysis of saving and consumption, wages and economic growth. We review recent work on status determination in equilibrium, including evolutionary models. We conclude with some remarks on the need for further interaction between sociology and economics.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoPaper provided by Tel Aviv in its series Papers with number 19-97.
Length: 17 pages
Date of creation: 1997
Date of revision:
Contact details of provider:
Postal: Israel TEL-AVIV UNIVERSITY, THE FOERDER INSTITUTE FOR ECONOMIC RESEARCH, RAMAT AVIV 69 978 TEL AVIV ISRAEL.
Web page: http://econ.tau.ac.il/research/foerder.asp
More information through EDIRC
WEALTH ; WAGES;
Other versions of this item:
- Yoram Weiss & Chaim Fershtman, 1997. "Social Status and Economic Performance: A Survey," University of Chicago - George G. Stigler Center for Study of Economy and State 139, Chicago - Center for Study of Economy and State.
- A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
- A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics
- J20 - Labor and Demographic Economics - - Demand and Supply of Labor - - - General
- E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Bernheim, B Douglas, 1994. "A Theory of Conformity," Journal of Political Economy, University of Chicago Press, vol. 102(5), pages 841-77, October.
- Harold L. Cole & George J. Mailath & Andrew Postlewaite, .
"Class Systems and the Enforcement of Social Norms,"
Penn CARESS Working Papers
bdb2c3969ad56e98068513c7c, Penn Economics Department.
- Harold L. Cole & George J. Mailath & Andrew Postlewaite, 1996. "Class systems and the enforcement of social norms," Staff Report 213, Federal Reserve Bank of Minneapolis.
- Harold L. Cole & George J. Mailath & Andrew Postlewaite, . ""Class Systems and the Enforcement of Social Norms''," CARESS Working Papres 96-04, University of Pennsylvania Center for Analytic Research and Economics in the Social Sciences.
- Heng-fu Zou, 1991.
"The spirit of capitalism and long-run growth,"
Policy Research Working Paper Series
630, The World Bank.
- Robson, Arthur J., 1996. "The Evolution of Attitudes to Risk: Lottery Tickets and Relative Wealth," Games and Economic Behavior, Elsevier, vol. 14(2), pages 190-207, June.
- Blinder, Alan S, 1988.
"The Challenge of High Unemployment,"
American Economic Review,
American Economic Association, vol. 78(2), pages 1-15, May.
- Akerlof, George A, 1980.
"A Theory of Social Custom, of Which Unemployment May be One Consequence,"
The Quarterly Journal of Economics,
MIT Press, vol. 94(4), pages 749-75, June.
- George A. Akerlof, 1978. "A theory of social custom, of which unemployment may be one consequence," Special Studies Papers 118, Board of Governors of the Federal Reserve System (U.S.).
- Baron, James N & Hannan, Michael T, 1994. "The Impact of Economics on Contemporary Sociology," Journal of Economic Literature, American Economic Association, vol. 32(3), pages 1111-46, September.
- Fershtman, C. & Weiss, Y., 1996.
"Social Rewards Externalities and Stable Preferences,"
17-96, Tel Aviv.
- Fershtman, Chaim & Weiss, Yoram, 1998. "Social rewards, externalities and stable preferences," Journal of Public Economics, Elsevier, vol. 70(1), pages 53-73, October.
- Fershtman, C. & Weiss,Y., 1995. "Social Rewards, Externalities and Stable Preferences," Papers 32-95, Tel Aviv.
- Fershtman, C. & Weiss, Y., 1996. "Social Rewards, Externalities and Stable preferences," Discussion Paper 1996-28, Tilburg University, Center for Economic Research.
- Okuno-Fujiwara Masahiro & Postlewaite Andrew, 1995. "Social Norms and Random Matching Games," Games and Economic Behavior, Elsevier, vol. 9(1), pages 79-109, April.
- Fershtman, C. & Weiss, Y., 1991.
"Social Status , Culture and Economic Performance,"
32-91, Tel Aviv.
- Fershtman, Chaim & Murphy, Kevin M & Weiss, Yoram, 1996.
"Social Status, Education, and Growth,"
Journal of Political Economy,
University of Chicago Press, vol. 104(1), pages 108-32, February.
- Robson, Arthur J, 1992. "Status, the Distribution of Wealth, Private and Social Attitudes to Risk," Econometrica, Econometric Society, vol. 60(4), pages 837-57, July.
- Heng-fu Zou, 1995.
"The spirit of capitalism and savings behavior,"
CEMA Working Papers
79, China Economics and Management Academy, Central University of Finance and Economics.
- Elster, Jon, 1989. "Social Norms and Economic Theory," Journal of Economic Perspectives, American Economic Association, vol. 3(4), pages 99-117, Fall.
- Theodore C. Bergstrom, .
"On the Evolution of Altruistic Ethical Rules for Siblings,"
ELSE working papers
017, ESRC Centre on Economics Learning and Social Evolution.
- Bergstrom, Theodore C, 1995. "On the Evolution of Altruistic Ethical Rules for Siblings," American Economic Review, American Economic Association, vol. 85(1), pages 58-81, March.
- Ted Bergstrom, . "On the Evolution of Altruistic Ethical Rules for Siblings," Papers _023, University of Michigan, Department of Economics.
This item has more than 25 citations. To prevent cluttering this page, these citations are listed on a separate page. reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Thomas Krichel).
If references are entirely missing, you can add them using this form.