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Conspicuous consumption 1 Signaling 1 South Africa Length 22 pages 1 Status 1
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Book / Working Paper 1
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Kaus, Wolfhard 1
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Volkswirtschaft Abteilung, Fachbereich Wirtschaftswissenschaften 1
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Papers on Economics and Evolution 1
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Conspicuous Consumption and Race: Evidence from South Africa
Kaus, Wolfhard - Volkswirtschaft Abteilung, Fachbereich … - 2010
A century ago, Thorstein Veblen introduced socially contingent consumption into the economic literature. This paper complements the scarce empirical literature by testing his conjecture on South African household data and finds that Black and Coloured households spend relatively more on visible...
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