Social status and motivated beliefs

Victor Gonzalez-Jimenez

doi:10.1016/j.jpubeco.2022.104662

Social status and motivated beliefs

Victor Gonzalez-Jimenez

Applied Economics

Research output: Contribution to journal › Article › Academic › peer-review

2 Citations (Scopus)

Abstract

This paper shows that social status determines economic achievement through a psychological mechanism. Specifically, social status influences the way individuals form beliefs about their abilities and these beliefs are, in turn, crucial for achievement. A theoretical framework formalizes this mechanism. Data from a cohort study and from two controlled experiments corroborate its existence and quantify its magnitude. This study highlights the role of social status in creating constraints that are internal to the individual and that have the potential to impair economic success.

Original language	English
Article number	104662
Journal	Journal of Public Economics
Volume	211
DOIs	https://doi.org/10.1016/j.jpubeco.2022.104662
Publication status	Published - Jul 2022

Bibliographical note

Funding Information:
I am indebted to Patricio S. Dalton for guidance and useful comments on this paper. I thank Charles Noussair, Wieland Müller, Ilyana Kuziemko, Jan Stoop, Florian Schuett, Gabriele Camera, Robert Dur, Georg Kirchsteiger, Phillip Külpmann, Cole Williams, and Joaquin Gomez-Minambres for helpful suggestions. I also thank seminar participants at Tilburg University, Chapman University, the University of Arizona, the Swedish Institute for Social Research at Stockholm University, the University of Vienna, and Trinity College Dublin for their feedback. The experiments reported in this study were funded by CentERLab at Tilburg University

Funding Information:
☆ I am indebted to Patricio S. Dalton for guidance and useful comments on this paper. I thank Charles Noussair, Wieland Müller, Ilyana Kuziemko, Jan Stoop, Florian Schuett, Gabriele Camera, Robert Dur, Georg Kirchsteiger, Phillip Külpmann, Cole Williams, and Joaquin Gomez-Minambres for helpful suggestions. I also thank seminar participants at Tilburg University, Chapman University, the University of Arizona, the Swedish Institute for Social Research at Stockholm University, the University of Vienna, and Trinity College Dublin for their feedback. The experiments reported in this study were funded by CentERLab at Tilburg University

Publisher Copyright:
© 2022 The Author(s)

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10.1016/j.jpubeco.2022.104662Licence: CC BY

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abstract = "This paper shows that social status determines economic achievement through a psychological mechanism. Specifically, social status influences the way individuals form beliefs about their abilities and these beliefs are, in turn, crucial for achievement. A theoretical framework formalizes this mechanism. Data from a cohort study and from two controlled experiments corroborate its existence and quantify its magnitude. This study highlights the role of social status in creating constraints that are internal to the individual and that have the potential to impair economic success.",

author = "Victor Gonzalez-Jimenez",

note = "Funding Information: I am indebted to Patricio S. Dalton for guidance and useful comments on this paper. I thank Charles Noussair, Wieland M{\"u}ller, Ilyana Kuziemko, Jan Stoop, Florian Schuett, Gabriele Camera, Robert Dur, Georg Kirchsteiger, Phillip K{\"u}lpmann, Cole Williams, and Joaquin Gomez-Minambres for helpful suggestions. I also thank seminar participants at Tilburg University, Chapman University, the University of Arizona, the Swedish Institute for Social Research at Stockholm University, the University of Vienna, and Trinity College Dublin for their feedback. The experiments reported in this study were funded by CentERLab at Tilburg University Funding Information: ☆ I am indebted to Patricio S. Dalton for guidance and useful comments on this paper. I thank Charles Noussair, Wieland M{\"u}ller, Ilyana Kuziemko, Jan Stoop, Florian Schuett, Gabriele Camera, Robert Dur, Georg Kirchsteiger, Phillip K{\"u}lpmann, Cole Williams, and Joaquin Gomez-Minambres for helpful suggestions. I also thank seminar participants at Tilburg University, Chapman University, the University of Arizona, the Swedish Institute for Social Research at Stockholm University, the University of Vienna, and Trinity College Dublin for their feedback. The experiments reported in this study were funded by CentERLab at Tilburg University Publisher Copyright: {\textcopyright} 2022 The Author(s)",

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Social status and motivated beliefs

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Bibliographical note

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