G2TT
来源类型Discussion paper
规范类型论文
来源IDDP4445
DP4445 Quantitative Goals for Monetary Policy
Andrew Rose; Antonio Fatas; Ilian Mihov
发表日期2004-06-23
出版年2004
语种英语
摘要A growing economic literature stresses the importance of relative comparisons, e.g., for savings and consumption or happiness. In this literature it is usually assumed that reference standards against which people compare themselves are exogenously given. In contrast, findings from social psychology suggest that people play an active role in determining their reference standards. We present a social comparison model where people choose their reference standards to serve motives of self-improvement and self-enhancement. The model predicts that reference standards increase in individuals? abilities and that people therefore tend to compare themselves to similar others. The results of a questionnaire study confirm the model?s prediction.
主题Public Economics
关键词Reference standards Goals Social comparison Happiness
URLhttps://cepr.org/publications/dp4445
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/533395
推荐引用方式
GB/T 7714
Andrew Rose,Antonio Fatas,Ilian Mihov. DP4445 Quantitative Goals for Monetary Policy. 2004.
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