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https://hdl.handle.net/20.500.11851/3734
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DC Field | Value | Language |
---|---|---|
dc.contributor.author | Tamgaç Tezcan, Ünay | - |
dc.date.accessioned | 2020-09-18T05:46:41Z | - |
dc.date.available | 2020-09-18T05:46:41Z | - |
dc.date.issued | 2016-01 | |
dc.identifier.citation | Tezcan, Ü. T. (2016). Reference Groups And Household Consumption: Evidence From Turkey. Ekonomi-tek-International Economics Journal, 5(1), 71-107. | en_US |
dc.identifier.issn | 2146-6173 | |
dc.identifier.uri | https://hdl.handle.net/20.500.11851/3734 | - |
dc.identifier.uri | http://ekonomitek.org/pdffile/no13_makale3.pdf | - |
dc.description.abstract | It is well-known that relative concern influences many economic choices, including consumption decisions. Recently, several studies have linked the gradually falling savings rate in the United States since the 1980s with both relative concern and increased inequality. In this paper, we test for the presence of relative concern (i.e., peer effects) in consumption decisions for Turkey. In particular, we test whether households are affected by the purchases of other households who constitute their reference group. This is one of the few studies that investigate relative concern in a developing-country setting. Drawing on nationally representative data from the Turkish Household Budget Survey for the years 2003-2012, we examine different reference groups comprised of members having the same education level, urban-rural residence status, or age range. We find that the hypothesis is validated and that non-rich households are affected by perceiving the consumption of more prosperous individuals of the same educational background. However, we do not observe any group effects for upper-income households. | en_US |
dc.language.iso | en | en_US |
dc.publisher | Turkish Economic Association Foundation | en_US |
dc.publisher | Türkiye Ekonomi Kurumu Vakfı | tr_TR |
dc.relation.ispartof | Ekonomi-tek | en_US |
dc.rights | info:eu-repo/semantics/openAccess | en_US |
dc.subject | Household expenditures | en_US |
dc.subject | reference group | en_US |
dc.subject | peer effects | en_US |
dc.subject | developing country | en_US |
dc.subject | Turkey | en_US |
dc.title | Reference Groups and Household Consumption: Evidence From Turkey | en_US |
dc.type | Article | en_US |
dc.department | Faculties, Faculty of Economics and Administrative Sciences, Department of Economics | en_US |
dc.department | Fakülteler, İktisadi ve İdari Bilimler Fakültesi, İktisat Bölümü | tr_TR |
dc.identifier.volume | 5 | |
dc.identifier.issue | 1 | |
dc.identifier.startpage | 71 | |
dc.identifier.endpage | 107 | |
dc.authorid | 0000-0001-8374-7019 | - |
dc.institutionauthor | Tamgaç Tezcan, Ünay | - |
dc.relation.publicationcategory | Makale - Ulusal Hakemli Dergi - Kurum Öğretim Elemanı | en_US |
item.openairetype | Article | - |
item.languageiso639-1 | en | - |
item.grantfulltext | none | - |
item.fulltext | No Fulltext | - |
item.openairecristype | http://purl.org/coar/resource_type/c_18cf | - |
item.cerifentitytype | Publications | - |
crisitem.author.dept | 04.01. Department of Economics | - |
Appears in Collections: | İktisat Bölümü / Department of Economics |
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