Jealousy and underconsumption in a one-sector model with wealth preference

DOI10.1016/J.JEDC.2009.07.003zbMath1183.91052OpenAlexW2008917141MaRDI QIDQ1042728

Yasuhiro Nakamoto

Publication date: 7 December 2009

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jedc.2009.07.003

zbMATH Keywords

consumption externalitieswealth effectoptimal tax policyintertemporal welfarewealth preference

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Welfare economics (91B15)

Related Items (2)

Heterogeneous conformism and wealth distribution in a neoclassical growth model ⋮ Positional preferences and efficiency in a dynamic economy

Cites Work

• Status-seeking behavior, the evolution of income inequality, and growth
• Conspicuous consumption, economic growth, and taxation
• Relative consumption, economic growth, and taxation
• Habit formation, catching up with the Joneses, and economic growth
• Unnamed Item

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