Home ownership as status competition: Some theory and evidence

A-Tier
Journal: Journal of Development Economics
Year: 2017
Volume: 127
Issue: C
Pages: 169-186

Score contribution per author:

1.341 = (α=2.01 / 3 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

In this paper, we explore the implications of home ownership as a status good for housing prices. More concretely, if a family's housing wealth relative to others is an important sorting variable for relative attractiveness in the marriage market, then competition for marriage partners might motivate people to pursue a bigger and more expensive house/apartment. To test the hypothesis, we explore regional variations in the sex ratio for the pre-marital age cohort across China (as a proxy for differential strength for concerns for status). We find that the evidence is consistent with the status competition hypothesis.

Technical Details

RePEc Handle
repec:eee:deveco:v:127:y:2017:i:c:p:169-186
Journal Field
Development
Author Count
3
Added to Database
2026-01-29