Inequality and Crisis: Conspicuous Consumption as the Missing Link in the Portuguese Case
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DOI: 10.1080/00213624.2019.1556999
Abstract: Abstract: Portuguese household debt increased above GDP between 2000 and 2007. This article uses conspicuous consumption to explain credit demand dynamics. The author develops an institutionalist framework and consider how rapid high inequalities and increasing… read more here.
Keywords: inequality crisis; crisis conspicuous; conspicuous consumption; consumption missing ... See more keywords