search query: @indexterm SPENDING PATTERNS / total: 36
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Author:Epley, N.
Mak, D.
Idson, L.C.
Title:Bonus or rebate?: The impact of income framing on spending and saving
Journal:British Journal of Industrial Relations
2006 : JUL, VOL. 19:3, p. 213-227
Index terms:incomes
savings
spending patterns
wealth
Language:eng
Abstract:This paper discusses how all income increases a person's absolute wealth, but consumption decisions may be based more heavily on perceived changes in wealth. Change is computed by comparing a current state with a former state, and the authors predicted that people would be more likely to spend income framed as a gain from a current wealth state than income framed as a return to prior state.
SCIMA record nr: 262215
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