Add wos sample results library

02-data/intermediate/wos_sample/63ed4b07f42fa0aa0e8d243a7ca3c4f2-chang-juin-jen-and/info.yaml

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+abstract: 'This paper examines the equilibrium optimality with consumption-induced
+
+  social comparisons in a unionized economy which entails unemployment. We
+
+  show that social comparisons of consumption lead to excessive labor
+
+  supply for employed workers, but trade unionism results in
+
+  under-employment. When conspicuous consumption meets trade unionism, the
+
+  labor force exhibits an ``intensive margin{''''} under which the excessive
+
+  labor supply caused by social comparisons of consumption is restrained
+
+  by unionization. Conspicuous consumption can then achieve the social
+
+  sub-optimum, without a need for government intervention, creating no
+
+  distortions in consumption, capital accumulation, and output in a
+
+  competitive equilibrium. When social comparisons in consumption are more
+
+  intensive, a higher degree of unionization is required for restoring
+
+  optimality. Given a specific degree of social comparison in consumption,
+
+  a higher degree of unionization is socially desirable if the output
+
+  elasticity of labor, the elasticity of labor supply, or the elasticity
+
+  of substitution between working hours and employment is high. By
+
+  contrast, a lower degree of unionization is socially desirable when the
+
+  trade union displays a more favorable orientation toward wages. By
+
+  shedding light on the role of trade unionism, our study also provides a
+
+  reconciliation of the disparity between the theoretical prediction and
+
+  the empirical findings.'
+affiliation: 'Chang, JJ (Corresponding Author), Acad Sinica, Inst Econ, Taipei 115,
+  Nankang, Taiwan.
+
+  Chang, Juin-jen; Wang, Wei-neng, Acad Sinica, Inst Econ, Taipei 115, Nankang, Taiwan.
+
+  Liu, Chia-ying, Aletheia Univ, Dept Econ, Taipei, Taiwan.'
+author: Chang, Juin-jen and Liu, Chia-ying and Wang, Wei-neng
+author-email: jjchang@econ.sinica.edu.tw
+author_list:
+- family: Chang
+  given: Juin-jen
+- family: Liu
+  given: Chia-ying
+- family: Wang
+  given: Wei-neng
+da: '2023-09-28'
+doi: 10.1016/j.jmacro.2018.06.006
+eissn: 1873-152X
+files: []
+issn: 0164-0704
+journal: JOURNAL OF MACROECONOMICS
+keywords: 'Conspicuous consumption; Trade unionism; Intensive/extensive margin of
+
+  labor supply; Social optimum'
+keywords-plus: 'SOCIAL-STATUS; ECONOMIC-GROWTH; LEISURE; EMPLOYMENT; JONESES;
+
+  EXTERNALITIES; EFFICIENCY; NETWORKS; TAXATION; INCOME'
+language: English
+month: SEP
+number-of-cited-references: '50'
+pages: 350-366
+papis_id: 4bebac4d7f9e5a48a5afe42ee0c2bda6
+ref: Chang2018conspicuousconsumpti
+researcherid-numbers: Chang, Juin-Jen/ABD-9235-2022
+times-cited: '1'
+title: Conspicuous consumption and trade unionism
+type: Article
+unique-id: WOS:000445989000022
+usage-count-last-180-days: '0'
+usage-count-since-2013: '9'
+volume: '57'
+web-of-science-categories: Economics
+year: '2018'