Is wealth accumulation a luxury good?

DOI10.1016/J.ECONLET.2011.12.122zbMath1253.91108OpenAlexW2048353698MaRDI QIDQ1925669

Kiichi Tokuoka

Publication date: 18 December 2012

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2011.12.122

zbMATH Keywords

wealthmarginal utilitycapitalist spiritluxury good

Mathematics Subject Classification ID

Consumer behavior, demand theory (91B42)

Cites Work

• THE WEALTH DISTRIBUTION AND THE DEMAND FOR STATUS
• Buffer-Stock Saving and the Life Cycle/Permanent Income Hypothesis
• Consumption Over the Life Cycle

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