The quest for status and endogenous labor supply: the relative wealth framework

DOI10.1007/S00712-007-0297-8zbMath1135.91371OpenAlexW2066610890MaRDI QIDQ927425

Walter H. Fisher, Franz X. Hof

Publication date: 6 June 2008

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

Full work available at URL: https://doi.org/10.1007/s00712-007-0297-8

zbMATH Keywords

relative consumptionstatusendogenous labor supplyrelative wealth

Mathematics Subject Classification ID

Public goods (91B18) Resource and cost allocation (including fair division, apportionment, etc.) (91B32)

Related Items (3)

Keeping up with the ageing Joneses ⋮ Consumption taxation, social status and indeterminacy in models of endogenous growth with elastic labor supply ⋮ RELATIVE WEALTH, GROWTH, AND TRANSITIONAL DYNAMICS: THE SMALL OPEN ECONOMY CASE

Cites Work

• Unnamed Item
• Conspicuous consumption, economic growth, and taxation
• Falling behind the Joneses: relative consumption and the growth--savings paradox
• On relative wealth effects and the optimality of growth
• Relative consumption, economic growth, and taxation
• Optimal Taxation when Consumers Have Endogenous Benchmark Levels of Consumption
• Why Are Taxes So High in Egalitarian Societies?

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