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TitleInequality and crisis: conspicuous consumption as the missing link in the portuguese case
Author(s)Matos, Cristina Maria Soeiro
Eurozone crisis
household debt
Issue date2019
PublisherTaylor and Francis
JournalJournal of Economic Issues
CitationCristina Matos (2019) Inequality and Crisis: Conspicuous Consumption as the Missing Link in the Portuguese Case, Journal of Economic Issues, 53:1, 26-38, DOI: 10.1080/00213624.2019.1556999
Abstract(s)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 top income share favored conspicuous consumption and climbing household debt.
AccessOpen access
Appears in Collections:EEG - Artigos em revistas de circulação internacional com arbitragem científica

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