{"title":"Peer effects in the hierarchy: Evidence from the workplace","authors":"Miao Jin , Yu-Jane Liu , Juanjuan Meng , Yu Zhang","doi":"10.1016/j.jebo.2025.106932","DOIUrl":null,"url":null,"abstract":"<div><div>This paper studies consumption peer effect and its relation to promotion from a unique hierarchical perspective, using credit card data of employees in the workplace. We show that one's consumption is significantly influenced by coworkers at the same or higher levels, with a stronger peer effect observed among those who are more likely to be promoted. We also find that the peer effect rises before and falls after a promotion event for the promoted workers. These results highlight the interplay between peer effects and hierarchy within the firm.</div></div>","PeriodicalId":48409,"journal":{"name":"Journal of Economic Behavior & Organization","volume":"231 ","pages":"Article 106932"},"PeriodicalIF":2.3000,"publicationDate":"2025-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Economic Behavior & Organization","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0167268125000526","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"2025/2/14 0:00:00","PubModel":"Epub","JCR":"Q2","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
This paper studies consumption peer effect and its relation to promotion from a unique hierarchical perspective, using credit card data of employees in the workplace. We show that one's consumption is significantly influenced by coworkers at the same or higher levels, with a stronger peer effect observed among those who are more likely to be promoted. We also find that the peer effect rises before and falls after a promotion event for the promoted workers. These results highlight the interplay between peer effects and hierarchy within the firm.
期刊介绍：
The Journal of Economic Behavior and Organization is devoted to theoretical and empirical research concerning economic decision, organization and behavior and to economic change in all its aspects. Its specific purposes are to foster an improved understanding of how human cognitive, computational and informational characteristics influence the working of economic organizations and market economies and how an economy structural features lead to various types of micro and macro behavior, to changing patterns of development and to institutional evolution. Research with these purposes that explore the interrelations of economics with other disciplines such as biology, psychology, law, anthropology, sociology and mathematics is particularly welcome.
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