Admiration is a source of indeterminacy

DOI10.1016/j.econlet.2006.09.020zbMath1255.91248OpenAlexW2017461508MaRDI QIDQ1934024

Yanyan Li

Publication date: 28 January 2013

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

Full work available at URL: https://doi.org/10.1016/j.econlet.2006.09.020

zbMATH Keywords

indeterminacyneoclassical growth modelconsumption externalities

Mathematics Subject Classification ID

Economic growth models (91B62)

Related Items (12)

Heterogeneous conformism and wealth distribution in a neoclassical growth model ⋮ Can consumption habit spillovers be a source of equilibrium indeterminacy? ⋮ The effects of consumption externalities in an R\&D-based growth model with endogenous skilled and unskilled labor supply ⋮ Local and global bifurcations in an economic growth model with endogenous labour supply and multiplicative external habits ⋮ Impatience, pollution, and indeterminacy ⋮ Consumption externalities and equilibrium dynamics with heterogeneous agents ⋮ Endogenous time preference, investment externalities, and equilibrium indeterminacy ⋮ Dynamic effects of consumption externalities ⋮ Admiration is a source of multiple equilibria and indeterminacy: a comment on Chen and Hsu ⋮ Indeterminacy and nonlinear dynamics in an OLG growth model with endogenous labour supply and inherited tastes ⋮ Inequality and growth: the roles of life expectancy and relative consumption ⋮ Endogenous time preference, consumption externalities, and trade: multiple steady states and indeterminacy

Cites Work

• Can consumption spillovers be a source of equilibrium indeterminacy?
• Indeterminacy and increasing returns
• Real business cycles and the animal spirits hypothesis
• Public spending, endogeneous growth, and endogenous fluctuations
• Relative consumption, economic growth, and taxation
• Stationary Ordinal Utility and Impatience

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