This paper investigates whether one’s effort to keep up with the Joneses has any effect on labor supply behavior. We provide a simple model and empirical evidence that labor supply decisions of married women are influenced by relative as well as absolute income of their husbands. We find,...

The first chapter explores the link between inequality and longer work hours. It shows that desire to keep up with the consumption standard set by the rich provides a link between inequality and work hour. In an attempt to provide an empirical support for this idea, I find that coefficient of...

This paper examines how banking market concentration affects small businesses finance. Using the Survey of Small Business Finance, the empirical model show that bank concentration may adversely affect the amount of credit supplied to small businesses. We find that bank concentration decreases...