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Money and Success –Sibling and Birth-Order Effects on Positional Concerns

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Author Info

  • Lampi, Elina

    ()
    (Department of Economics, School of Business, Economics and Law, Göteborg University)

  • Nordblom, Katarina

    ()
    (Department of Economics, School of Business, Economics and Law, Göteborg University)

Abstract

Survey data is used to investigate how birth order and having siblings affect positional concerns in terms of success at work and of income. We find that only-children are the most concerned with relative position, but that number of siblings increases the concern among those who grew up together with siblings. Furthermore, people whose parents often compared them with their siblings have stronger positional concerns in general. We find differences depending on whether the issue is relative income or relative successfulness, and that people generally have stronger positional concern in relation to friends, but less so in relation to parents and least in relation to siblings. We also find that younger respondents are far more concerned with relative position than older in all studied situations.

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File URL: http://hdl.handle.net/2077/9989
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Bibliographic Info

Paper provided by University of Gothenburg, Department of Economics in its series Working Papers in Economics with number 299.

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Length: 29 pages
Date of creation: 18 Apr 2008
Date of revision:
Publication status: Published in Journal of Economic Psychology, 2010, pages 131-142.
Handle: RePEc:hhs:gunwpe:0299

Contact details of provider:
Postal: Department of Economics, School of Business, Economics and Law, University of Gothenburg, Box 640, SE 405 30 GÖTEBORG, Sweden
Phone: 031-773 10 00
Web page: http://www.handels.gu.se/econ/
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Keywords: birth order; positional concern; only child; relative income; siblings;

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Citations

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Cited by:
  1. Akay, Alpaslan & Karabulut, Gökhan & Martinsson, Peter, 2011. "The Effect of Religiosity and Religious Festivals on Positional Concerns: An Experimental Investigation of Ramadan," IZA Discussion Papers 6172, Institute for the Study of Labor (IZA).
  2. Yamamura, Eiji, 2012. "Effects of siblings and birth order on income redistribution preferences," MPRA Paper 38658, University Library of Munich, Germany.
  3. Lampi, Elina & Nordblom, Katarina, 2010. "Money and success - Sibling and birth-order effects on positional concerns," Journal of Economic Psychology, Elsevier, vol. 31(1), pages 131-142, February.
  4. Bogaerts, Tess & Pandelaere, Mario, 2013. "Less is more: Why some domains are more positional than others," Journal of Economic Psychology, Elsevier, vol. 39(C), pages 225-236.
  5. Kirsten Häger & Bastiaan Oud & Daniel Schunk, 2012. "Egalitarian Envy: Cross-cultural Variation in the Development of Envy in Children," Jena Economic Research Papers 2012-059, Friedrich-Schiller-University Jena, Max-Planck-Institute of Economics.
  6. Warren, John Robert & Knies, Laurie & Haas, Steven & Hernandez, Elaine M., 2012. "The impact of childhood sickness on adult socioeconomic outcomes: Evidence from late 19th century America," Social Science & Medicine, Elsevier, vol. 75(8), pages 1531-1538.

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