A significant portion of the new disposable income will likely be channelled into non-essential goods and services, ...

Called "underconsumption core", it rejects conspicuous consumption and overspending, and instead celebrates minimalism, sustainability, shopping less and reusing more. Although the intention of ...

Wilson, Anne, Silvia Bellezza, and Michael I. Norton. "Minimalism as a Status Symbol: When and Why We Admire Conspicuous Non-Consumption." Working Paper, October 2019.