The spirit of capitalism, social status, money, and accumulation.
type: Item
instance of: scholarly article
title: The spirit of capitalism, social status, money, and accumulation.
zbMATH Open document ID: 1050.91056
DOI: 10.1007/BF01237193
published in: Journal of Economics
publication date: 2002-10-06T00:00:00Z
review text: This paper regards the unambiguous existence of the Tobin portfolio-shift effect in the wealth-is-state and the spirit-of-capitalism model of growth. So, higher inflation leads to higher capital stock, and inflation increases the endogenous growth rate of the economy.
reviewed by: Klaus Ehemann
Mathematics Subject Classification ID: 91B28
Mathematics Subject Classification ID: 91B62
zbMATH DE Number: 1761871
zbMATH Keywords: spirit of capitalism
zbMATH Keywords: social status
zbMATH Keywords: money
zbMATH Keywords: growth
zbMATH Keywords: Tobin portfolio-shift
author: H.-f. Zou
MaRDI profile type: Publication
cites work: Money and Growth: The Case of Long Run Perfect Foresight
cites work: On Models of Money and Perfect Foresight
cites work: Capital Accumulation on the Transition Path in a Monetary Optimizing Model
cites work: Optimal Economic Growth and Wealth Effects
cites work: Status, the Distribution of Wealth, Private and Social Attitudes to Risk
full work available at URL: https://doi.org/10.1007/bf01237193
OpenAlex ID: W2049722902
description: scientific article; zbMATH DE number 1761871