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Abstract

The existing literature on poverty has discussed about the conflict between income-based measure and nutrition-based measure. However, the role of social inequality in influencing individual’s consumption and inducing greater consumption of the so called status good has been relatively undermined. This paper attempts to show that in presence of inequality a status driven utility function reconciles the conflict between income based and nutrition based measures of poverty.



Item Type: MPRA Paper -

Original Title: Conspicuous Consumption, Social Status and Measures of Poverty – An Example-

English Title: Conspicuous Consumption, Social Status and Measures of Poverty – An Example-

Language: English-

Keywords: Inequality, Utility, Poverty-

Subjects: D - Microeconomics > D1 - Household Behavior and Family Economics > D11 - Consumer Economics: TheoryD - Microeconomics > D6 - Welfare Economics > D63 - Equity, Justice, Inequality, and Other Normative Criteria and MeasurementI - Health, Education, and Welfare > I3 - Welfare, Well-Being, and PovertyI - Health, Education, and Welfare > I3 - Welfare, Well-Being, and Poverty > I32 - Measurement and Analysis of Poverty-





Autor: Marjit, Sugata

Fuente: https://mpra.ub.uni-muenchen.de/33745/







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