Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/80978
Authors: 
Marjit, Sugata
Year of Publication: 
2012
Series/Report no.: 
WIDER Working Paper 2012/58
Abstract: 
In the presence of inequality a status-driven utility function reconciles the conflict between income-based and nutrition-based measures of poverty. Moreover, it can explain why the poor tend to save less, an established empirical fact in the developing countries. The result is independent of the assumption of imperfect capital market. The paper attempts to integrate various strands of literature on status effects.
Subjects: 
inequality
inter-temporal consumer choice
utility
poverty
JEL: 
D63
D91
D11
I3
ISBN: 
978-92-9230-521-5
Document Type: 
Working Paper

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