Relative consumption, relative wealth and growth

C-Tier
Journal: Economics Letters
Year: 2008
Volume: 100
Issue: 2
Pages: 314-316

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

In a growth model where individuals care about their social status measured both by consumption and wealth comparisons, we show that status comparison in wealth heightens economic growth, while status comparison in consumption may affect negatively economic growth.

Technical Details

RePEc Handle
repec:eee:ecolet:v:100:y:2008:i:2:p:314-316
Journal Field
General
Author Count
2
Added to Database
2026-01-29