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Status aspirations, wealth inequality, and economic growth

Stark, Oded - 2005

Persistent link: https://www.econbiz.de/10002569905

Status aspirations, wealth inequality, and economic growth

Stark, Oded (contributor) - 2005

This paper argues that an increase in the inequality of wealth prompts a stronger quest for status that in turn fosters the accumulation of wealth. It proposes a measure for an individual’s want of social status. For a given level of a population’s wealth, the corresponding aggregate measure...

Persistent link: https://www.econbiz.de/10002584206

Status aspirations, wealth inequality, and economic growth

Stark, Oded - 2005

Persistent link: https://www.econbiz.de/10009729676

Status aspirations, wealth inequality, and economic growth

Stark, Oded - In: Review of development economics 10 (2006) 1, pp. 171-176

Persistent link: https://www.econbiz.de/10003302571

Status Aspirations, Wealth Inequality, and Economic Growth

Stark, Oded - 2018

This paper argues that an increase in the inequality of wealth prompts a stronger quest for status that in turn fosters the accumulation of wealth. It proposes a measure for an individual's want of social status. For a given level of a population's wealth, the corresponding aggregate measure of...

Persistent link: https://www.econbiz.de/10012911262

Migration and Dynamics : How a Leakage of Human Capital Lubricates the Engine of Economic Growth

Sorger, Gerhard - 2013

This paper studies the growth dynamics of a developing country under migration. Assuming that human capital formation … is subject to a strong enough, positive intertemporal externality, the prospect of migration will increase growth in the … human capital in the home country. In either case, the home country experiences a welfare gain, provided that migration is …

Persistent link: https://www.econbiz.de/10013078179