Peer effects, risk pooling, and status seeking: What explains gift spending escalation in rural China?

It has been widely documented that the poor spend a significant proportion of their income on gifts even at the expense of basic consumption. We test three competing explanations of this phenomenon—peer effect, status concern, and risk pooling—based on a census-type primary household survey in three...

Descripción completa

Detalles Bibliográficos
Autores principales: Chen, Xi, Kanbur, Ravi, Zhang, Xiaobo
Formato: Artículo preliminar
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 2011
Materias:
Acceso en línea:https://hdl.handle.net/10568/154747

Ejemplares similares: Peer effects, risk pooling, and status seeking: What explains gift spending escalation in rural China?