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来源类型Working Paper
规范类型报告
DOI10.3386/w23615
来源IDWorking Paper 23615
Choosing Your Pond: Location Choices and Relative Income
Nicolas L. Bottan; Ricardo Perez-Truglia
发表日期2017-07-24
出版年2017
语种英语
摘要Do individuals care about their relative income? While this is a long-standing hypothesis, revealed-preference evidence remains elusive. We provide a unique test by studying residential choices: individuals often must choose between places with different income distributions, and as a result they “choose” their relative income. We conducted a field experiment with 1,080 senior medical students who participated in the National Resident Matching Program. We estimate their preferences by combining choice data, survey data on perceptions and information-provision experiments. The evidence suggests that individuals care about their relative income and that these preferences differ across single and non-single individuals.
主题Microeconomics ; Welfare and Collective Choice ; Behavioral Economics ; Health, Education, and Welfare ; Poverty and Wellbeing ; Other ; Culture
URLhttps://www.nber.org/papers/w23615
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/581289
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GB/T 7714
Nicolas L. Bottan,Ricardo Perez-Truglia. Choosing Your Pond: Location Choices and Relative Income. 2017.
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