By display I mean, fashions, events, ceremonies, experiences, lifestyles, things we take to be motivated by signaling and enjoying an image of status and prosperity.
Clearly, during a period of recession or unpredictability you'd expect these goods would be the first to get cut. That's not always the case though, from genteel poverty to credit card debt we have a whole lexicon of ideas for why and how people do the opposite - prioritize display over financial stability and even more concrete goods, like food or heating. Less pejoratively, people in a recession will still break the bank for a wedding or a funeral.
Assuming that's more than an anomaly or a cliche, what motivates that? Do economists have a theory of when and why economic instability does or does not reduce consumption for display? Are there even cases in which instability might motivate it?
Lacking the right terms and search words I'm unable to research for myself, though I gave it a shot. Thanks.