On relative wealth effects and the optimality of growth

被引：100

作者：

Corneo, G

Jeanne, O

机构：

[1] UNIV BONN,DEPT ECON,D-53113 BONN,GERMANY

[2] ECOLE NATL PONTS & CHAUSSEES,CERAS,F-75007 PARIS,FRANCE

来源：

ECONOMICS LETTERS | 1997年 / 54卷 / 01期

关键词：

endogenous growth; optimality of growth; status-seeking behavior;

D O I：

10.1016/S0165-1765(96)00940-8

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We present a model of endogenous growth in which a desire for social status lead individuals to care about their relative wealth. The growth rate of the economy is socially optimal if the status motive is sufficiently important, but the presence of status seeking may also lead to excessive growth.

引用

页码：87 / 92

页数：6

共 14 条

[1] [Anonymous], 1922, THEORY LEISURE CLASS
[2] THE ECONOMIC-IMPLICATIONS OF LEARNING BY DOING
ARROW, KJ
[J]. REVIEW OF ECONOMIC STUDIES, 1962, 29 (80) : 155 - 173
[3] Satisfaction and comparison income
Clark, AE
Oswald, AJ
[J]. JOURNAL OF PUBLIC ECONOMICS, 1996, 61 (03) : 359 - 381
[4] SOCIAL NORMS, SAVINGS BEHAVIOR, AND GROWTH
COLE, HL
MAILATH, GJ
POSTLEWAITE, A
[J]. JOURNAL OF POLITICAL ECONOMY, 1992, 100 (06) : 1092 - 1125
[5] CORNEO G, 1995, A497 U BONN
[6] FERSHTMAN C, 1996, J POLITICAL EC, V104, P1092
[7] Frank RH., 1985, CHOOSING RIGHT POND
[8] Hirsch F., 1978, SOCIAL LIMITS GROWTH
[9] WEALTH SEEKING RECONSIDERED
KONRAD, KA
[J]. JOURNAL OF ECONOMIC BEHAVIOR & ORGANIZATION, 1992, 18 (02) : 215 - 227
[10] HUMAN SATISFACTIONS AND PUBLIC-POLICY
LAYARD, R
[J]. ECONOMIC JOURNAL, 1980, 90 (360) : 737 - 750

← 1 2 →