There is empirical evidence that households use residential houses as status goods. Their visibility qualifies them as … the model, households derive utility from the absolute amount of housing and from comparing their stock of housing to a …

There is empirical evidence that households use residential houses as status goods. In particular, people are shown to … tax for rich households of 4.6%. Implementing the tax schedule is associated with a sizable welfare gain. We also find …. Further increasing the tax for rich households to 7.9% would maximize welfare in the constrained optimum. …

There is empirical evidence that households use residential houses as status goods. In particular, people are shown to … tax for rich households of 4.6%. Implementing the tax schedule is associated with a sizable welfare gain. We also find …. Further increasing the tax for rich households to 7.9% would maximize welfare in the constrained optimum …

There is empirical evidence that households use residential houses as status goods. In particular, people are shown to … tax for rich households of 4.6%. Implementing the tax schedule is associated with a sizable welfare gain. We also find …. Further increasing the tax for rich households to 7.9% would maximize welfare in the constrained optimum. …

There is empirical evidence that households use residential houses as status goods. Their visibility qualifies them as … the model, households derive utility from the absolute amount of housing and from comparing their stock of housing to a …

There is empirical evidence that households use residential houses as status goods. In particular, people are shown to … tax for rich households of 4.6%. Implementing the tax schedule is associated with a sizable welfare gain. We also find …. Further increasing the tax for rich households to 7.9% would maximize welfare in the constrained optimum. …