AGGREGATE AND DISTRIBUTIONAL EFFECTS OF TAX POLICY WITH INTERDEPENDENT PREFERENCES: THE ROLE OF “CATCHING UP WITH THE JONESES”

DOI10.1017/S1365100510000404zbMath1219.91091OpenAlexW2128304365MaRDI QIDQ3089003

Stephen J. Turnovsky, Murat Koyuncu

Publication date: 23 August 2011

Published in: Macroeconomic Dynamics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1017/s1365100510000404

zbMATH Keywords

growthdynamicsincome inequalityinterdependent preferenceswealth inequality

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Economic growth models (91B62) Welfare economics (91B15)

Related Items (2)

Heterogeneous conformism and wealth distribution in a neoclassical growth model ⋮ Can progressive taxation account for cross-country variation in labor supply?

Cites Work

• Distributional dynamics in a neoclassical growth model: the role of elastic labor supply
• Consumption externalities: a representative consumer model when agents are heterogeneous
• Comparison utility in a growth model
• Relative consumption, economic growth, and taxation
• Habit formation, catching up with the Joneses, and economic growth
• Deep Habits
• Optimal Growth with Intertemporally Dependent Preferences
• Community Preference Fields

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