Status and income inequality in a knowledge economy

Baochun Peng

Research output: Journal article publicationJournal articleAcademic researchpeer-review

1 Citation (Scopus)


This paper models a market for status contained in a knowledge economy. Technological progress favours the knowledge sector and inequality of income rises with productivity. We show that the expected utility of all agents can fall while output and productivity grow; and such an outcome of “immiserizing growth” hinges crucially upon the combination of concern for status and technology-induced rises in inequality.
Original languageEnglish
Pages (from-to)581-595
Number of pages15
JournalJournal of Economic Inequality
Issue number4
Publication statusPublished - 1 Jan 2014


  • Growth
  • Happiness
  • Inequality
  • Knowledge economy
  • Status

ASJC Scopus subject areas

  • Sociology and Political Science
  • Economics, Econometrics and Finance(all)
  • Organizational Behavior and Human Resource Management


Dive into the research topics of 'Status and income inequality in a knowledge economy'. Together they form a unique fingerprint.

Cite this