Social identity and capital income: A social psychological approach to identity economics using UK household data.

ABSTRACT: Social identity research has yet to fully engage with identity economics. This article bridges the two by examining capital market participation and capital income inequality - a critical economic behaviour and a societal issue that remain understudied in social psychology. We integrate psychological concepts and metrics of social identity with large-scale, representative UK data on household economics, encompassing 60,156 individuals and 130,598 observations from 2010 to 2023. Examining gender, ethnicity, education, occupation, politics, age and family as aspects of individuals' self-concept, our findings show that between- and within-person variations in these identities, beyond mere group memberships, were uniquely associated with both the presence and amount of capital income. Rather t

SUBMITTER: Bachmann R 

PROVIDER: S-EPMC12673441 | biostudies-literature | 2026 Jan

REPOSITORIES: biostudies-literature