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Keeping up with the Joneses

Keeping up with the Joneses denotes the tendency of individuals to monitor and match the consumption patterns, possessions, and apparent affluence of their peers or neighbors, driven by a desire to maintain or elevate relative social status.^[1] The phrase derives from the title of a gag comic strip created by Arthur R. "Pop" Momand, which first appeared in the New York World on March 31, 1913, and continued until 1938, depicting the comedic struggles of the McGinis family to imitate the unseen, wealthier Joneses next door.^[2]^[1] This social dynamic reflects fundamental human impulses toward status competition, observable across cultures and eras, where absolute wealth yields diminishing returns on satisfaction compared to positional advantages over reference groups. Empirical analyses of self-reported happiness data, such as from the U.S. General Social Survey, demonstrate that income gains elevate well-being primarily when they outpace those of comparable others, supporting a "keeping up" mechanism over mere absolute effects.^[3] Economically, the behavior manifests as conspicuous consumption, amplifying demand for status-signaling goods and contributing to over-indebtedness, especially amid income inequality, as households borrow to sustain appearances relative to peers.^[4]^[5] Studies of consumption networks further reveal that individuals adjust spending upward in response to peers' visible expenditures, perpetuating cycles of emulation independent of personal financial constraints.^[5]

Origins and Historical Context

Etymology of the Phrase

The phrase "keeping up with the Joneses," referring to the emulation of neighbors' social or material status, entered American English in 1917 as a direct result of the title of a gag comic strip by Arthur R. "Pop" Momand (1883–1987).^[6] The strip debuted on March 17, 1913, in the New York World and ran until 1940, syndicated by Associated Newspapers, depicting the everyday pretensions of the McGinnis family in their futile efforts to rival the unseen, affluent Jones family next door.^[6]^[7] Momand, inspired by his own early 20th-century experiences in Hempstead, Long Island—where he and his wife overspent to match the lifestyles of wealthier acquaintances after a windfall from selling a cartoon—created the series to satirize middle-class aspirations amid rising consumerism.^[8] The "Joneses" served as a generic stand-in for any enviable neighbors, reflecting broader cultural anxieties about status without referencing a specific family, despite occasional folk etymologies linking it to figures like the Joneses of New York society or locales such as Jones Street in Savannah, Georgia.^[9] The strip's popularity cemented the idiom, with the Oxford English Dictionary tracing its earliest printed use to a 1913 New York Evening Journal installment.^[10]

Emergence in Early 20th-Century America

The idiom "keeping up with the Joneses" gained prominence through the gag comic strip of the same name, created by cartoonist Arthur R. "Pop" Momand and first published on March 31, 1913, in the New York World.^[11] The strip, which ran daily until April 16, 1938, depicted the misadventures of the aspiring middle-class McGinis family, who constantly strove to emulate the lifestyle of their affluent but unseen neighbors, the Joneses, often leading to comedic financial strain.^[2] Momand drew inspiration from his own experiences in Hempstead, New York, where he and his wife lived beyond their means in a social circle obsessed with appearances, accumulating debt before declaring bankruptcy in 1909.^[11] Syndicated widely through Associated Editors, the comic strip popularized the phrase as a shorthand for competitive social emulation driven by visible status displays.^[7] This emergence mirrored broader shifts in American society during the early 20th century, as rapid industrialization and urbanization amplified interpersonal comparisons. Between 1890 and 1930, the expansion of department stores, mail-order catalogs like Sears (founded 1893), and national advertising campaigns made consumer goods—such as automobiles following the Ford Model T's introduction in 1908—more accessible and symbolically potent markers of status.^[12] Historians note that while moralists in the late 19th and early 20th centuries initially condemned envy and emulation as threats to social order, evolving attitudes increasingly tolerated these emotions as engines of consumer demand, fostering a culture where relative social standing influenced purchasing decisions over absolute need.^[13] The comic's resonance stemmed from this context, capturing how growing income visibility in denser communities and media exposure to elite lifestyles spurred ordinary Americans to prioritize comparative consumption.^[14] By the 1920s, amid the economic boom, the phrase encapsulated the era's conspicuous spending patterns, with household expenditures on durables rising sharply—U.S. consumer spending on automobiles alone jumped from negligible levels pre-1910 to over $2.5 billion annually by 1929.^[15] Yet, the underlying dynamic predated the Roaring Twenties, rooted in Progressive Era anxieties over inequality and the democratized pursuit of the "American Dream" through emulation rather than production. Momand's work thus documented a causal link between perceptual social hierarchies and material striving, influencing public discourse on thrift versus aspiration in an age of nascent mass affluence.^[16]

Psychological and Evolutionary Foundations

Innate Human Drive for Status

The human drive for social status constitutes a fundamental psychological motive, characterized by a competitive orientation toward attaining respect, deference, and superiority over others within social groups.^[17] This inclination stems from evolutionary pressures in ancestral environments, where elevated status correlated with improved access to resources, mates, and alliances, thereby boosting survival and reproductive fitness.^[18] Natural selection favored cognitive and behavioral adaptations for status assessment, pursuit, and maintenance, as higher-ranking individuals in small-scale hunter-gatherer societies, such as the Ache, achieved greater reproductive success through demonstrated skills like hunting prowess.^[18] Empirical investigations confirm the innate and competitive nature of this drive. In a laboratory experiment with 226 participants, individuals reported significantly higher well-being (p < .001) when they held uniquely high status compared to equal high status shared with peers, indicating dissatisfaction with mere parity.^[17] A complementary national survey of 715 U.S. adults revealed a positional preference for relative status gains, with respondents favoring scenarios yielding higher comparative income ranks over absolute increases, evidenced by a mean positionality coefficient of 0.52 (95% CI: 0.48-0.56).^[17] These findings align with broader reviews establishing status desire as universal across cultures, genders, ages, and socioeconomic strata, with implications for personal well-being and behavioral prioritization.^[19] Comparative evidence from nonhuman primates underscores the evolutionary continuity of status hierarchies, where dominant males in species like chimpanzees exhibit positive associations between rank and mating success.^[18] In humans, status emerges primarily through prestige—perceived competence and generosity in benefiting the group—rather than coercion alone, as demonstrated in a 14-nation study of 2,751 participants where benefit-generation traits accounted for 90% of status variance, while dominance signals showed negligible or null effects.^[20] This prestige pathway, adaptive amid human cooperation challenges like leveling coalitions against aggressors, reflects an innate calibration to group-value contributions, persisting longitudinally in established collectives.^[20]

Evolutionary Mechanisms and Adaptations

Status-seeking behaviors, such as those encapsulated in the idiom "keeping up with the Joneses," represent evolved psychological mechanisms that prioritize relative social position over absolute resource accumulation, as higher status historically conferred advantages in mate attraction, alliance formation, and resource access in ancestral environments dominated by small-scale, kin-based groups.^[21] In these settings, individuals who excelled in signaling fitness through resource displays or competitive achievements outcompeted rivals for reproductive opportunities, with empirical evidence from hunter-gatherer societies showing that status correlates with mating success independent of total wealth.^[22] This relative orientation persists because evolutionary pressures favored mechanisms sensitive to peers' attainments rather than isolated gains, as absolute prosperity alone did not guarantee survival or propagation amid zero-sum competitions for limited mates and territories.^[23] Central to these adaptations is costly signaling theory, which posits that honest indicators of quality—such as conspicuous resource expenditure—evolve because they impose verifiable fitness costs that low-quality individuals cannot sustain, thereby filtering deceivers in signaling systems.^[24] Originating from Amotz Zahavi's handicap principle in 1975, this framework explains human conspicuous consumption as an extension of animal displays like peacock tails, where the energetic or opportunity costs ensure reliability; for instance, in human evolutionary history, provisioning displays (e.g., feasts or gifts) signaled provisioning ability to potential mates, with modern analogs in luxury goods serving similar sexual selection functions.^[25]^[26] Experimental and cross-cultural data support this, revealing that status displays enhance perceived attractiveness and coalition value, particularly among males in polygynous-leaning societies where variance in reproductive success is high.^[27] Envy and upward social comparison function as proximate emotional mechanisms enforcing these adaptations, activating motivational systems to rectify deficits in status-relevant domains like wealth or prowess, which were critical for evading exploitation or securing partners. Neuroimaging studies identify distinct neural circuits for envy, involving striatal deactivation during upward comparisons that underscore its punitive role in prompting corrective action, contrasting with schadenfreude's reward in downward shifts.^[28] Phylogenetically, such emotions trace to primate dominance hierarchies, where subordinate individuals monitor superiors' advantages to opportunistically challenge or emulate, with human variants calibrated by sex-specific priorities—men envying status symbols tied to resource control, women to relational or physical cues—enhancing domain-specific fitness.^[21] These mechanisms, while adaptive in scarcity-driven contexts, can maladapt in abundance, amplifying positional goods' pursuit without proportional gains in well-being.^[29]

Economic Dimensions

Conspicuous Consumption and Relative Income Effects

Conspicuous consumption, a concept introduced by economist Thorstein Veblen in his 1899 book The Theory of the Leisure Class, describes expenditures on goods and services that serve primarily to display wealth and secure social prestige rather than provide direct utility.^[30] Veblen argued that such behaviors arise from "pecuniary emulation," where individuals mimic the consumption patterns of higher-status groups to affirm their own position in the social hierarchy, often prioritizing visible luxury over productive investment.^[31] This mechanism underpins the "keeping up with the Joneses" phenomenon, as households adjust spending to match or exceed peers' displays, fostering a cycle of status competition that elevates aggregate consumption beyond what absolute income levels might dictate.^[32] The relative income hypothesis, formalized by James Duesenberry in his 1949 work Income, Saving, and the Consumer Theory of Behavior, posits that an individual's consumption decisions depend not solely on absolute income but on income relative to a reference group, such as neighbors or social peers.^[33] Duesenberry emphasized a "ratchet effect," whereby consumption rises with income gains but resists decline during downturns, as households maintain standards set by peak relative positions to avoid status loss.^[34] This hypothesis explains why consumption functions exhibit lower long-run marginal propensities to consume than short-run ones, with empirical data from U.S. household surveys in the mid-20th century showing savings rates compressing as relative incomes equalized across cohorts.^[35] Empirical studies corroborate these effects in modern contexts. For instance, analysis of Norwegian consumption networks from 1997–2007 data revealed that households increase durable goods spending by approximately 0.2–0.5% for every 1% rise in peers' consumption, supporting a "keeping up" model over pure signaling or habit formation.^[5] Similarly, U.S. Survey of Consumer Finances data from 1989–2010 indicate that a 10% increase in local median income correlates with a 2–4% uptick in household vehicle and apparel expenditures, driven by status-signaling motives rather than necessity.^[36] Cross-country evidence from panel data in developing economies, such as Cameroon in 2001–2002 surveys, shows relative deprivation—measured against community income percentiles—boosts food and non-essential spending by up to 15%, amplifying inequality's role in consumption dynamics.^[37] These intertwined effects contribute to macroeconomic patterns, including elevated debt accumulation during income booms, as households borrow to sustain relative standing; for example, U.S. household leverage ratios rose from 0.75 in 1980 to 1.3 by 2007 amid widening income dispersion.^[4] However, the hypothesis faces critiques for underemphasizing absolute needs in low-income settings, where studies like those using General Social Survey data from 1972–1998 find relative income impacts weaken below median thresholds, suggesting context-dependent applicability.^[38] Overall, the framework highlights how social comparisons distort efficient resource allocation, prioritizing positional goods over sustainable growth.^[39]

Impacts on Household Debt, Savings, and Inequality

The phenomenon of keeping up with the Joneses, rooted in relative consumption preferences, contributes to elevated household debt levels by prompting individuals to borrow in order to match peers' spending patterns, particularly in contexts of rising income inequality. Empirical analysis from U.S. household data indicates that greater income dispersion within reference groups correlates with higher indebtedness across credit card, auto, and other consumer loans, as lower-relative-income households increase borrowing to sustain positional consumption.^[40] This aligns with Duesenberry's relative income hypothesis, which posits that consumption is influenced by comparisons to others' past peak expenditures, creating a ratchet effect where households resist reducing spending even as incomes stagnate, thereby necessitating debt accumulation.^[41] Studies confirm this dynamic, showing that relative income concerns explain up to 20-30% of variations in consumer borrowing behavior in high-inequality environments.^[42] On savings, the drive to maintain relative status depresses household saving rates, as resources are diverted toward visible consumption rather than accumulation. Cross-national evidence reveals that societies with stronger social comparison norms exhibit lower aggregate savings, with U.S. data from 1989-2010 linking intensified keeping-up behaviors to a decline in personal saving rates from 7.5% to under 2% of disposable income, independent of absolute income growth.^[43] Poorer households, facing greater relative deprivation, allocate disproportionately more income to status goods at the expense of savings, while richer ones may save more but still engage in signaling expenditures that elevate the consumption baseline for all.^[44] This pattern persists empirically, with relative income explaining why saving rates do not rise proportionally with income as predicted by absolute income models.^[45] Regarding inequality, keeping up with the Joneses amplifies financial disparities by imposing asymmetric burdens: lower-income households incur unsustainable debt to emulate higher ones, leading to cycles of delinquency and reduced wealth accumulation, while the affluent leverage status consumption to preserve advantages. Research on U.S. metropolitan areas demonstrates that high local inequality boosts overall spending but concentrates debt among the bottom quintile, widening net worth gaps by 10-15% over decades through compounded interest and credit constraints.^[46] In credit-accessible economies, this manifests as short-term consumption boosts from borrowing, followed by long-term restraint and heightened vulnerability, effectively entrenching inequality as debt servicing crowds out investment in human capital or assets.^[47] However, some evidence suggests bidirectional signaling—richer households also escalate visible expenditures in unequal settings—moderating the one-way emulation narrative, though net effects still favor inequality persistence via differential financial outcomes.^[36]^[48]

Contributions to Economic Growth and Innovation

The desire to keep up with the Joneses, modeled as external habits or relative consumption preferences in economic theory, can amplify economic growth in endogenous growth frameworks. In AK growth models incorporating keeping-up-with-the-Joneses (KUJ) utility, agents' efforts to match peers' consumption levels raise the economy's steady-state growth rate by increasing aggregate investment and productivity efforts, as individuals adjust savings and labor supply to sustain relative status.^[49] Similarly, habit-formation models with catching-up effects demonstrate that such externalities elevate long-run per capita output growth compared to baseline cases without relative preferences.^[50] These mechanisms operate through heightened intertemporal substitution, where status competition incentivizes deferred gratification and capital accumulation to fund future consumption signaling.^[51] Status-driven emulation also fosters innovation by generating sustained demand for novel, differentiable goods that serve as positional signals. Conspicuous consumption, as a form of keeping up, expands markets for high-quality or luxury items, compelling producers to innovate in design, features, and branding to capture status-conscious buyers and differentiate from rivals.^[30] This dynamic aligns with broader competition theory, where consumer-side rivalry indirectly spurs firm-level R&D as entrepreneurs target emulation-driven niches, such as advanced automobiles or electronics that embody upward mobility.^[52] Historical patterns, including the consumer revolutions of the 18th and 19th centuries, illustrate how emulation of elite lifestyles propelled mechanization and product diversification, contributing to industrialization's productivity surges.^[53] Empirical extensions of these models suggest that KUJ effects enhance fiscal multipliers and welfare under progressive taxation, as relative consumption motives sustain demand during downturns, indirectly supporting innovative investments.^[54] However, these contributions hinge on institutional contexts that channel status seeking toward productive outlets rather than pure zero-sum signaling, with over-reliance on debt-financed emulation potentially offsetting gains through reduced net investment.^[48] The phenomenon of "keeping up with the Joneses" exemplifies upward social comparison, wherein individuals assess their own status and possessions relative to peers, often leading to emulation of perceived superiors.^[55] This process aligns with Leon Festinger's 1954 social comparison theory, which asserts that humans possess a fundamental drive to evaluate their abilities and opinions by comparing themselves to similar others, especially when objective standards are lacking, thereby motivating adjustments in behavior or consumption to reduce perceived discrepancies.^[55]^[56] Such comparisons frequently engender envy, defined as a painful emotion triggered by another's advantage in domains like wealth or lifestyle that one desires.^[57] Benign envy prompts constructive responses, such as increased effort to acquire comparable goods, fostering competitive emulation without hostility, whereas malicious envy yields destructive outcomes like resentment or attempts to diminish the envied party's standing.^[58] Empirical studies in organizational contexts demonstrate this dynamic: for instance, envy induced by colleagues' superior performance correlates with social undermining behaviors, mediated by relationship conflict, as lower performers seek to restore relative equilibrium.^[57] In economic terms, these envy-driven comparisons contribute to reference-dependent preferences, where utility derives more from relative position than absolute gains, as modeled in analyses of conspicuous consumption choices.^[59] Survey data on positional concerns reveal that individuals prioritize relative standing in status-signaling goods—such as automobiles, housing, and apparel—with 60-80% of respondents across categories expressing dissatisfaction if their consumption falls below peers', even at high absolute levels, underscoring how envy sustains cycles of competitive spending over intrinsic satisfaction.^[60] This mechanism persists across cultures but intensifies in visible social networks, where observable disparities amplify the urge to "keep up," potentially eroding personal well-being without resolving underlying status anxieties.^[61] The idiom "keeping up with the Joneses" permeates popular culture through depictions of social emulation and status competition, often in suburban settings. Arthur R. Momand's comic strip Keeping Up with the Joneses, which debuted on March 31, 1913, and continued until 1938, satirized a middle-class family's futile attempts to emulate their affluent neighbors' lifestyle, embedding the phrase into American vernacular.^[11] This strip exemplified early 20th-century media portrayals of conspicuous emulation as a driver of consumer behavior and social anxiety.^[2] In film and television, the concept recurs in titles and narratives highlighting neighborly rivalry, such as the 2016 action-comedy Keeping Up with the Joneses, where a suburban couple grapples with suspicions and aspirations toward their glamorous new neighbors, invoking the idiom to underscore themes of facade and comparison.^[62] Similar motifs appear in reality television series like the Australian Keeping Up with the Joneses (2010–2011), which documented a remote cattle station family's high-stakes lifestyle, blending authenticity with performative elements that echo status display.^[63] Social media platforms intensify these dynamics by enabling constant exposure to curated affluence, fueling upward social comparisons and conspicuous consumption. A 2019 study of 283 German Instagram users demonstrated a positive association between time spent on the platform and conspicuous consumption, attributed to envy elicited by peers' posts of luxury goods and experiences.^[64] Likewise, research on social networking sites reveals they elevate income dissatisfaction via the "E-Joneses" effect, where virtual networks amplify perceptions of relative deprivation.^[65] Fear of missing out (FOMO), intertwined with emulating influencers, further propels users to mimic observed lifestyles, as evidenced in analyses linking such behaviors to heightened mental health risks including depression.^[66]^[67] A 2024 survey found 43% of Generation Z respondents suffered from money dysmorphia, a skewed self-assessment of finances induced by social media wealth displays.^[68]

Contemporary Debates and Empirical Evidence

Criticisms and Negative Outcomes

The drive to emulate peers' consumption patterns, known as "keeping up with the Joneses," has been empirically linked to increased household indebtedness, as individuals borrow to maintain relative status amid income inequality. A laboratory experiment demonstrated a causal relationship wherein access to credit amplifies conspicuous spending, leading participants to accumulate debt when exposed to unequal wealth displays, with borrowing rising by up to 20% in high-inequality treatments compared to equal ones.^[48] Similarly, analysis of consumer transaction data from Singapore revealed that households engaging in conspicuous purchases—such as luxury goods visible to social networks—exhibited 15-25% higher debt-to-income ratios, persisting even after controlling for income and demographics.^[69] These patterns contribute to financial fragility, as overleveraged households face heightened vulnerability to economic downturns, exemplified by elevated default rates during recessions where status-driven debt outpaces productive investment.^[70] Psychologically, the phenomenon fosters envy and diminishes subjective well-being through upward social comparisons, where individuals derive disutility from peers' higher consumption. Surveys of U.S. households indicate that perceived relative deprivation—feeling poorer than reference groups—correlates with a 10-15% drop in life satisfaction scores, mediated by envy rather than absolute income levels.^[71] Frequent comparisons exacerbate destructive emotions like guilt and regret, with longitudinal data showing that those reporting high social comparison tendencies experience 20-30% greater incidence of depressive symptoms over time.^[72] In economic models incorporating keeping-up preferences, strong external habits reduce overall welfare by 5-10% under baseline parameters, as agents overconsume positional goods at the expense of non-comparable ones like leisure or savings.^[73] Broader economic critiques highlight how this behavior entrenches inequality and distorts aggregate outcomes, amplifying cycles of emulation without proportional utility gains. Empirical estimates suggest that relative income effects explain up to 30% of consumption responses to inequality shocks, leading to reduced national savings rates by diverting resources toward status signaling rather than capital accumulation.^[54] In developing contexts, such as Cameroon, keeping-up dynamics have been shown to inflate household food expenditures by 8-12% relative to needs, straining budgets and perpetuating poverty traps among lower-income groups.^[37] While adaptive in ancestral environments for signaling fitness, modern scalability—accelerated by credit markets—results in systemic overindebtedness, with cross-country data linking higher keeping-up intensity to slower post-crisis recoveries due to deleveraging drags.^[4]

Counterarguments and Adaptive Perspectives

Proponents of adaptive interpretations argue that the "keeping up with the Joneses" phenomenon, as a form of status-seeking behavior, evolved to confer reproductive and survival advantages by signaling resource acquisition and competence in social groups. In ancestral environments, individuals who pursued higher relative status gained preferential access to mates, allies, and protection, as status hierarchies facilitated cooperation and resource distribution.^[74] This drive persists because high status correlates with interpersonal influence, material resources, and coalition formation, outcomes that enhanced fitness across human evolutionary history.^[75] Status competition underlying such emulation organizes group dynamics effectively, promoting deference to skilled individuals and stabilizing hierarchies without constant aggression. Experimental evidence demonstrates that prestige-based status—achieved through demonstrated abilities rather than dominance—encourages knowledge transmission and collective productivity, countering views of it as purely wasteful.^[76] In modern contexts, this manifests as motivation for skill-building and innovation, where emulation of peers' achievements spurs personal investment in education or career advancement over mere ostentation.^[77] Psychologically, subjective perceptions of elevated social standing linked to "keeping up" predict greater use of proactive coping mechanisms, such as problem-solving and planning, which buffer against stress and enhance long-term adaptability.^[78] This contrasts with criticisms emphasizing envy-driven dissatisfaction, as relative status awareness can calibrate efforts toward realistic goals, fostering resilience rather than paralysis. Empirical models further indicate that while emulation may elevate consumption aspirations, it incentivizes labor market entry among those who might otherwise opt for leisure, potentially increasing overall economic output.^[79] Economically, counterarguments highlight how status rivalry generates efficiency gains; laboratory experiments reveal that competition for public recognition prompts core participants to optimize group performance, yielding higher collective payoffs than non-competitive baselines.^[80] Neo-Kaleckian growth frameworks incorporating emulation effects show that interpersonal income comparisons can amplify investment and savings rates under certain distributional conditions, contributing to sustained expansion rather than stagnation.^[81] These dynamics suggest that, absent emulation, incentives for emulation-driven innovation—such as product improvements to attract status-conscious consumers—might weaken, tempering the narrative of unmitigated harm from relative consumption preferences.^[82]

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It is well established that, compared to richer households, poorer households save a smaller fraction of their income and spend more on conspicuous and ...
[45]
The relative income hypothesis - IDEAS/RePEc
A growing body of evidence suggests that rich households save a higher proportion of their permanent income than poor households.Missing: debt | Show results with:debt
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The local Joneses: Household consumption and income inequality ...
Results show greater overall spending in high-inequality MSAs. But contrary to conventional depictions of “conspicuous consumption,” the additional spending ...<|control11|><|separator|>
[47]
Income Inequality, Household Debt, and Consumption Growth in the ...
Feb 21, 2023 · They called it “keeping up with the Joneses”, which plays an important role in understanding relative income in consumption behavior. Charles et ...
[48]
Borrowing to keep up (with the Joneses): Inequality, debt, and ...
The idea of conspicuous consumption, or “keeping-up-with-the-Joneses”, has been extensively applied in a large body of theories.3 Various empirical evidence ...
[49]
GROWTH AND KEEPING UP WITH THE JONESES
Jul 23, 2010 · The optimal tax implications of the desire to KUJ are a key finding of this paper. Keywords. Keeping Up with the JonesesAK GrowthOverlapping ...
[50]
Habit Formation, Catching Up with the Joneses, and Economic Growth
'Keeping up with the Joneses: Consumption Externalities, Portfolio Choice, and Asset Prices,' Journal of Money, Credit, and Banking 26, 1–8. Google Scholar.
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Keeping up with or running away from the Joneses - jstor
expenditures, economic growth and welfare always arouses much interest in economic ... accompanied by the keeping up with the Joneses may improve economic growth, ...
[52]
[PDF] Competition and Innovation, Part I: a theoretical perspective - OECD
May 2, 2023 · Competition promotes consumer welfare and growth, as well as makes markets more flexible, resilient and innovative. While there is a long- ...
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Chapter 21 - Emulation vs. Comparative Advantage: Competing and ...
Apr 13, 2024 · ' In eighteenth-century political and economic discourse, emulation was essentially a positive and active effort, to be contrasted with envy or ...
[54]
Keeping up with the Joneses and the consumption response to ...
Empirical evidence suggests that private consumption responds positively to a hike in government spending.1 This observation is not accounted for by ...
[55]
Social Comparison - Noba Project
In 1954, psychologist Leon Festinger hypothesized that people compare themselves to others in order to fulfill a basic human desire: the need for self- ...
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Keeping Up with the Joneses - Pekin Hardy Strauss
Nov 4, 2021 · Social comparison theory, which was first introduced in 1954 by psychologist Leon Festinger, suggests that we have an innate tendency to ...
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Keeping up with the Joneses - Gabi Eissa, Rebecca Wyland, 2016
Keeping up with the Joneses: The Role of Envy, Relationship Conflict, and Job Performance in Social Undermining. Gabi Eissa eissagm@uwec.edu and Rebecca ...
[58]
2012-19 Two sides of envy - American University
Aug 3, 2023 · In the opposite case, the standard “keeping up with the Joneses” competition arises, and individuals satisfy their relative standing concerns ...
[59]
Keeping Up with "The Joneses": Reference-Dependent Choice with ...
This paper examines a model of reference-dependent choice where reference points are determined by social comparisons.
[60]
Is more always better?: A survey on positional concerns
We use survey data to provide some empirical information about concerns regarding relative standing, which we will call positional concerns.Is More Always Better?: A... · 2. Literature Review · 4. Results
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Effect of Envy and Altruism on Conspicuous Consumption Orientation
Aug 6, 2025 · In this research, effect of envy on conspicuous consumption and moderating role of altruism was examined. Within the scope of the research, ...
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“Keeping Up with the Joneses” and the Marketing of Cinematic ...
Oct 21, 2016 · Richard Brody reviews the new action-comedy film “Keeping Up with the Joneses” and comments on the state of the Hollywood star system.
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Keeping Up with the Joneses (TV Series 2010–2011) - IMDb
Rating 8.4/10 (79) Australian reality TV series that follows the daily lives of the Jones family on a Coolibah Cattle Station, 600 km south-west of Darwin, Northern Territory.
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Keeping Up with the Joneses: Instagram Use and its Influence on ...
Sep 25, 2019 · The increased pervasiveness of social media use has raised questions about potential effects on users' subjective well-being, with studies ...
[65]
(PDF) Keeping Up with the E-Joneses: Do Online Social Networks ...
Aug 7, 2025 · We test the hypothesis that the use of social networking sites (SNS) increases people's dissatisfaction with their income. After addressing ...
[66]
Social media influencers and followers' conspicuous consumption
FOMO is often linked to the expression “keeping up with the Joneses,” which implies that individuals try to get what others have and do what they do, such as ...
[67]
How 'Keeping Up With The Joneses' On Social Media Is Damaging ...
Nov 25, 2019 · Studies have linked Facebook envy directly to depression. Instagram has been found to be even worse for mental health. Constantly looking at ...Missing: influence | Show results with:influence
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Gen Zers spend to keep up with the social media Joneses - eMarketer
Mar 22, 2024 · By the numbers: The survey found that 43% of Gen Zers and 41% of millennials experience money dysmorphia. Comparing themselves to their favorite ...Missing: studies | Show results with:studies
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Conspicuous consumption and household indebtedness - Lee - 2021
Nov 12, 2019 · Using a novel, large data set of consumer transactions in Singapore, we study how conspicuous consumption affects household indebtedness.Missing: correlation | Show results with:correlation
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[PDF] Conspicuous Consumption and Household Indebtedness
Abstract. Using a novel, large dataset of consumer transactions in Singapore, we study how conspicuous consumption affects household indebtedness.
[71]
Who are the Joneses? Subjective Well-Being and the Income of ...
Nov 3, 2014 · “Keeping up with the Joneses” is a widely used idiom describing the comparison of people's own material goods to those of their neighbors.
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[PDF] Frequent Social Comparisons and Destructive Emotions and ...
In. Study 1, people who said they made frequent social comparisons were more likely to expe- rience envy ... social comparison: A contrast of happy and unhappy ...
[73]
[PDF] Keeping Up with the Joneses: Implications for the Welfare Effects of ...
The “keeping up with the Joneses” effect stipulates that the economic welfare of an individual household depends upon the. Page 4. 2 consumption of all other ...
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[PDF] The evolution of prestige Freely conferred deference as a ...
Status arises from social exchange. Some evolutionary psychologists explain nonagonistic status as exchange between individuals with differing assets, skills ...
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[PDF] Fundamental motives: How evolutionary needs influence consumer ...
The benefits of status continue to apply among modern human beings. People with higher status have greater interpersonal influence, more material resources, ...
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Status Organizes Cooperation: An Evolutionary Theory of Status and ...
The evolutionary viability of cooperative status behavior derives from its orientation toward hierarchy: status behavior tends to produce hierarchy in groups, ...
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[PDF] Cheng et al. (2010) - Pride, personality, social status.pdf - Description
Two evolved status strategies: prestige and dominance In humans, dominance is not limited to physical conflict, but can be wielded by controlling costs and ...
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“Keeping Up with the Joneses”: Subjective Social Status Predicts ...
Jan 29, 2022 · “Keeping Up with the Joneses”: Subjective Social Status Predicts Proactive Coping ... adaptive strategies (e.g., problem-solving) and lower ...
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Keeping up with the Joneses: Who loses out? - ScienceDirect
It is shown that the Keeping up with the Joneses Effect can lead people to work who would otherwise have chosen not to, and that, for such individuals well- ...
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Competition for Status Creates Superstars: an Experiment on Public ...
We show how competition for status encourages a core player to realize efficiency gains for the entire group. In a laboratory experiment we systematically ...
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Pecuniary emulation, inequality and growth - ScienceDirect.com
We study a two-class growth model in which agents care about both consumption and the social perception of their wealth rank.
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[PDF] Inequality, Consumption Emulation and Economic growth
Abstract. We develop a short-run neo-Kaleckian model to investigate the inter- play of functional and personal distribution of income, and their impact.