Showing 1 - 8 of 8
In this paper we present a model of economic growth where agents are characterized by social status concern behaviour. With respect to the literature, we show that social status seeking is not always desirable for economic growth. Specially, we prove that the impact of status seeking on growth...
Persistent link: https://www.econbiz.de/10011115473
In this paper, we present a model of growth where agents are characterized by social status behaviour. With respect to the literature, we show that social status seeking is not always desirable for economic growth. Specially, we prove that the impact of status seeking on growth is positive only...
Persistent link: https://www.econbiz.de/10011187230
We consider a model that extends the scope of social preferences of the families of the migrants. This extension allows us to show that if some poor families receive remittances and social culture affects the composition of their consumption, then in presence of strong social inequality, poor...
Persistent link: https://www.econbiz.de/10011109553
We integrate a general social norm function which associates status to accumulation of capital and consumption into a very simple model of endogenous growth. We show that societies which place a greater cultural weight on capital as opposed to consumption preferences will experience fast growth....
Persistent link: https://www.econbiz.de/10011109831
We integrate a general social norm function which associates status to accumulation of capital and consumption into a simple model of endogenous growth. We show that societies which place a greater weight on capital as opposed to consumption will experience fast growth.Our results are consistent...
Persistent link: https://www.econbiz.de/10011113584
We integrate a social norm which associates status to accumulation of capital and consumption into a simple model of endogenous growth. We show that societies which place a greater weight of cultural values on stock of accumulated capital as opposed to consumption will experience fast growth....
Persistent link: https://www.econbiz.de/10005059080
In this paper, we examine how children care for their elderly parents and the motives of these family transfers …, accounting for interactions between parents and their different children. We study a theoretical model of intergenerational … transfers based on altruism, where siblings care for their parents (a public good). Decisions of upstream assistance are …
Persistent link: https://www.econbiz.de/10011258531
In this paper, we examine the old-age security hypothesis according to which parents rear children because they expect …, children are usually viewed as a potential source of income and as a time-related support in old age. However, investing in … precautionary motive for the demand for children so that fertility of prudent parents is expected to increase. …
Persistent link: https://www.econbiz.de/10011107638