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Positional goods… or positional people? Implications for taxation and happiness

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Author Info
Colin Ash () (Department of Economics, University of Reading)
J. Malcolm Dowlinga
Abstract

We report the results of surveys on positional concerns for income and leisure. The results confirm earlier evidence that a majority of people are positional regarding income. We also look at the distribution of both these positional concerns among our respondents, something which has not previously been investigated. Our findings point to the need for a more subtle approach than has previously been proposed for using taxation to correct distortions in the income-leisure choice.

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File URL: http://www.henley.reading.ac.uk/nmsruntime/saveasdialog.asp?lID=32973&sID=119847
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Publisher Info
Paper provided by Henley Business School, Reading University in its series Economics & Management Discussion Papers with number em-dp2008-62.

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Length: 17 pages
Date of creation: 2008
Date of revision:
Handle: RePEc:rdg:emxxdp:em-dp2008-62

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Related research
Keywords: Positional concerns; Relative income; Leisure; Taxation;

Find related papers by JEL classification:
D0 - Microeconomics - - General
D1 - Microeconomics - - Household Behavior
D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
H21 - Public Economics - - Taxation, Subsidies, and Revenue - - - Efficiency; Optimal Taxation

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This page was last updated on 2009-11-17.


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