Please use this identifier to cite or link to this item: https://hdl.handle.net/20.500.11851/3734
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dc.contributor.authorTamgaç Tezcan, Ünay-
dc.date.accessioned2020-09-18T05:46:41Z-
dc.date.available2020-09-18T05:46:41Z-
dc.date.issued2016-01
dc.identifier.citationTezcan, Ü. T. (2016). Reference Groups And Household Consumption: Evidence From Turkey. Ekonomi-tek-International Economics Journal, 5(1), 71-107.en_US
dc.identifier.issn2146-6173
dc.identifier.urihttps://hdl.handle.net/20.500.11851/3734-
dc.identifier.urihttp://ekonomitek.org/pdffile/no13_makale3.pdf-
dc.description.abstractIt 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.isoenen_US
dc.publisherTurkish Economic Association Foundationen_US
dc.publisherTürkiye Ekonomi Kurumu Vakfıtr_TR
dc.relation.ispartofEkonomi-teken_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectHousehold expendituresen_US
dc.subjectreference groupen_US
dc.subjectpeer effectsen_US
dc.subjectdeveloping countryen_US
dc.subjectTurkeyen_US
dc.titleReference Groups And Household Consumption: Evidence From Turkeyen_US
dc.typeArticleen_US
dc.departmentFaculties, Faculty of Economics and Administrative Sciences, Department of Economicsen_US
dc.departmentFakülteler, İktisadi ve İdari Bilimler Fakültesi, İktisat Bölümütr_TR
dc.identifier.volume5
dc.identifier.issue1
dc.identifier.startpage71
dc.identifier.endpage107
dc.authorid0000-0001-8374-7019-
dc.institutionauthorTamgaç Tezcan, Ünay-
dc.relation.publicationcategoryMakale - Ulusal Hakemli Dergi - Kurum Öğretim Elemanıen_US
item.openairecristypehttp://purl.org/coar/resource_type/c_18cf-
item.grantfulltextnone-
item.fulltextNo Fulltext-
item.openairetypeArticle-
item.cerifentitytypePublications-
item.languageiso639-1en-
crisitem.author.dept04.01. Department of Economics-
Appears in Collections:İktisat Bölümü / Department of Economics
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