不平等、相对剥夺与财务困境:来自瑞典登记数据的证据
Inequality, Relative Deprivation, and Financial Distress: Evidence from Swedish Register Data
Review of Economics and Statistics · 2023 · [{"name": "Paula Roth", "affiliation": ["Stockholm School of Economics"]}]
中文摘要
若干研究将破产率上升与不平等加剧联系起来,并认为这或许可以由个人“攀比邻居”的愿望来解释。利用瑞典个人破产的独特行政登记数据,我检验个人破产概率是否与其相对于同辈的收入距离有关。识别策略依赖于地区固定效应、一套广泛的背景特征,以及对相关参照群体定义的变动。研究发现,更高的不平等会提高个人破产的概率,且这一效应主要由男性驱动。
Abstract
Abstract Several studies have linked rising insolvency rates to increasing inequality and argued that this might be explained by individuals’ desire to “keep up with the Joneses.” Using unique administrative register data on individual insolvencies in Sweden, I test whether the probability to become insolvent is related to one’s income distance relative to peers. Identification relies on area fixed effects, an extensive set of background characteristics, and varying the definition of the relevant reference group. I find that higher inequality increases the individual’s probability to become insolvent and that this effect is primarily driven by men.
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