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        The Relative Income and Relative Deprivation Hypotheses: A Review of the Empirical Literature
        The Relative Income and Relative Deprivation Hypotheses: A Review of the Empirical Literature
        The Relative Income and Relative Deprivation Hypotheses: A Review of the Empirical Literature
        The Relative Income and Relative Deprivation Hypotheses: A Review of the Empirical Literature
        The Relative Income and Relative Deprivation Hypotheses: A Review of the Empirical Literature
        The Relative Income and Relative Deprivation Hypotheses: A Review of the Empirical Literature
        The Relative Income and Relative Deprivation Hypotheses: A Review of the Empirical Literature
        The Relative Income and Relative Deprivation Hypotheses: A Review of the Empirical Literature
        The Relative Income and Relative Deprivation Hypotheses: A Review of the Empirical Literature
        The Relative Income and Relative Deprivation Hypotheses: A Review of the Empirical Literature
        The Relative Income and Relative Deprivation Hypotheses: A Review of the Empirical Literature
        The Relative Income and Relative Deprivation Hypotheses: A Review of the Empirical Literature
        The Relative Income and Relative Deprivation Hypotheses: A Review of the Empirical Literature
        The Relative Income and Relative Deprivation Hypotheses: A Review of the Empirical Literature
        The Relative Income and Relative Deprivation Hypotheses: A Review of the Empirical Literature
        The Relative Income and Relative Deprivation Hypotheses: A Review of the Empirical Literature
        The Relative Income and Relative Deprivation Hypotheses: A Review of the Empirical Literature
        The Relative Income and Relative Deprivation Hypotheses: A Review of the Empirical Literature
        The Relative Income and Relative Deprivation Hypotheses: A Review of the Empirical Literature
        The Relative Income and Relative Deprivation Hypotheses: A Review of the Empirical Literature
        The Relative Income and Relative Deprivation Hypotheses: A Review of the Empirical Literature
        The Relative Income and Relative Deprivation Hypotheses: A Review of the Empirical Literature
        The Relative Income and Relative Deprivation Hypotheses: A Review of the Empirical Literature
        The Relative Income and Relative Deprivation Hypotheses: A Review of the Empirical Literature
        The Relative Income and Relative Deprivation Hypotheses: A Review of the Empirical Literature
        The Relative Income and Relative Deprivation Hypotheses: A Review of the Empirical Literature
        The Relative Income and Relative Deprivation Hypotheses: A Review of the Empirical Literature
        The Relative Income and Relative Deprivation Hypotheses: A Review of the Empirical Literature
        The Relative Income and Relative Deprivation Hypotheses: A Review of the Empirical Literature
        The Relative Income and Relative Deprivation Hypotheses: A Review of the Empirical Literature
        The Relative Income and Relative Deprivation Hypotheses: A Review of the Empirical Literature
        The Relative Income and Relative Deprivation Hypotheses: A Review of the Empirical Literature
        The Relative Income and Relative Deprivation Hypotheses: A Review of the Empirical Literature
        The Relative Income and Relative Deprivation Hypotheses: A Review of the Empirical Literature

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        The Relative Income and Relative Deprivation Hypotheses: A Review of the Empirical Literature

        ABSTRACT

        The paper provides a review of the empirical literature in economics that has attempted to test the relative income hypothesis as put forward by Duesemberry (1949) and the relative deprivation hypothesis as formalized by Runciman (1966). It is argued that these two hypotheses and the empirical models used to test them are essentially similar and make use of the same relative income concept. The review covers the main intellectual contributions that led to the formulation and tests of these hypotheses, the main formulations of the utility and econometric equations used in empirical studies, the main econometric issues that complicate tests of the hypotheses, and the empirical results found in the liter ....read more

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        DOCUMENT INFO

        • TypeReport, Research Paper
        • PriceFree
        • FormatPDF
        • Size372 KB
        • LanguageEnglish
        • Stacks0
        • Postedalmost 4 years ago
        • Authored-
        • Added byHashdoc Content Review
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