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Keeping up with the Joneses: from conspicuous consumption to conspicuous leisure?

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  • By Li Huang
  • He-ling Shi

Abstract

A number of empirical studies have investigated the influence of a desire to emulate the rich on individuals’ allocation of time, most of which suggest that more work hours rather than leisure time are likely to be induced when relative status is the concern. However, the results in this article suggest that this is not true in Australia. We examine the effect of inequality on work hours in Australia over the period 1995–2011 and find that greater income inequality is associated with fewer work hours, indicating stronger concern for conspicuous leisure than conspicuous consumption.

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  • By Li Huang & He-ling Shi, 2015. "Keeping up with the Joneses: from conspicuous consumption to conspicuous leisure?," Oxford Economic Papers, Oxford University Press, vol. 67(4), pages 949-962.
    • Handle: RePEc:oup:oxecpp:v:67:y:2015:i:4:p:949-962.
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    File URL: http://hdl.handle.net/10.1093/oep/gpv021
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    Cited by:

    1. Fabio Sabatini & Francesco Sarracino, 2015. "Keeping up with the e-Joneses: Do online social networks raise social comparisons?," Papers 1507.08863, arXiv.org.
    2. Sanou Issa, 2021. "Jealousy and Wealth Inequality: The Cases of Heterogeneous Preferences and Elastic Labor Supply," Working Papers hal-03408115, HAL.
    3. Desiree I. Christofzik & Sebastian G. Kessing, 2023. "On the Public Provision of Positional Goods," Volkswirtschaftliche Diskussionsbeiträge 196-23, Universität Siegen, Fakultät Wirtschaftswissenschaften, Wirtschaftsinformatik und Wirtschaftsrecht.
    4. Fabio Sabatini & Francesco Sarracino, 2015. "Keeping up with the e-Joneses: Do online social networks raise social comparisons?," Papers 1507.08863, arXiv.org.

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