Full Citation

Title: Essays on Relative Consumption, Peers, Labor Supply and Migration

Citation Type: Dissertation/Thesis

Publication Year: 2010

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Abstract: This volume consists of three chapters. The first chapter presents a model of interdependent preferences in which utility depends on the individual’s rank within peers, the rank of the peer-group itself, and leisure. It offers explanations to two empirical puzzles - (1) The recent increase in the number of hours worked by the more productive US workers relative to the less productive, and (2) The non-monotonic empirical relationship between happiness and absolute income. The strength of the proposed model, which also nests the classical model of absolute consumption, is its ability to explain two interesting empirical puzzles simultaneously. The second chapter applies the model developed earlier to study rural-to-urban migration in developing countries. It offers explanations to several regularities in rural-to-urban migration that cannot be explained solely by wage differentials or risk diversification arguments. It also generates some interesting results including - (1) Rural-to-urban migration even when there is no . . .

Url: https://search.proquest.com/docview/763001007/abstract/DFFF152904FC419FPQ/1?accountid=14586

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Authors: Bhuiyan, Muhammad Faress

Institution: Northwestern University

Department: Economics

Advisor: Matsuyama, Kiminori

Degree: Ph.D.

Publisher Location: Illinois

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Data Collections: IPUMS USA

Topics: Labor Force and Occupational Structure, Migration and Immigration, Other

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