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Keine Einordnung ins Vorlesungsverzeichnis vorhanden. Veranstaltung ist aus dem Semester WiSe 2022/23 , Aktuelles Semester: WiSe 2023/24
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The economics of social status, with applications to consumption, working time, and the environment    Sprache: Englisch    Belegpflicht
(Keine Nummer) Seminar     WiSe 2022/23     keine Übernahme    
   Fakultät: Fakultät für Gesellschaftswissenschaften    
   Teilnehmer/-in  Maximal : 30  
   Zielgruppe/Studiengang   Master of Arts Sozioökonomie, Abschluss 86, Master of Arts Sozioökonomie (86SÖK)
   Zugeordnete Lehrperson:   van Treeck
Zur Zeit keine Belegung möglich
   Termin: Montag   12:00  -  14:00    wöch.    Maximal 30 Teilnehmer/-in
Beginn : 10.10.2022    Ende : 30.01.2023
      Raum :   LC 026   LC  

The course discusses competing models of household behavior and their macroeconomic and ecological implications. In standard neoclassical models, individuals seek to intertemporally maximize utility in terms of consumption and leisure. In more sociologically oriented models (Veblen effects, Relative Income Hypothesis, post-Keynesian models of consumption) a distinction can be made between positional goods, such as various consumption goods, and non-positional goods, such as leisure or saving. Relative income concerns may thus result in positional arms races implying excessive levels of work hours, private consumption, household debt and greenhouse gas emissions. Positional arms races are likely to be exacerbated by a high degree of income inequality. The course discusses the different theoretical models as well as empirical applications using both micro-level household data and macro-level cross-country data. It also discusses the role of public goods (housing, social security, education) in alleviating the positional arms races and environmental degradation stemming from a high degree of income inequality in different national institutional settings (“varieties of capitalism”).