Scandinavian Working Papers in Economics
Working Papers in Economics,
University of Gothenburg, Department of Economics
No 299: Money and Success –Sibling and Birth-Order Effects on Positional Concerns
Elina Lampi () and Katarina Nordblom ()
Additional contact information
Elina Lampi: Department of Economics, School of Business, Economics and Law, Göteborg University, Postal: Box 640, SE 40530 GÖTEBORG
Katarina Nordblom: Department of Economics, School of Business, Economics and Law, Göteborg University, Postal: Box 640, SE 40530 GÖTEBORG
Abstract: Survey data is used to investigate how birth order and having siblings affect positional concerns in terms of success at work and of income. We find that only-children are the most concerned with relative position, but that number of siblings increases the concern among those who grew up together with siblings. Furthermore, people whose parents often compared them with their siblings have stronger positional concerns in general. We find differences depending on whether the issue is relative income or relative successfulness, and that people generally have stronger positional concern in relation to friends, but less so in relation to parents and least in relation to siblings. We also find that younger respondents are far more concerned with relative position than older in all studied situations.
Keywords: birth order; positional concern; only child; relative income; siblings
29 pages, April 18, 2008
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