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The two sides of envy

Gershman, Boris - In: Journal of economic growth 19 (2014) 4, pp. 407-438

Persistent link: https://www.econbiz.de/10010517394

Envy in the process of development : implications for social relations and conflict

Gershman, Boris - In: The Economics of peace and security journal : Eps journal 8 (2013) 2, pp. 13-19

Persistent link: https://www.econbiz.de/10010250754

Growth effects of consumption jealousy in a two-sector model

Duernecker, Georg - 2006

Persistent link: https://www.econbiz.de/10003425644

Growth effects of consumption jealousy in a two-sector model

Duernecker, Georg - 2007

This paper aims at analyzing the implications of individuals' consumption jealousy on the dynamic structure of a two-sector model economy. We find that status-seeking substantially influences both, the long-term properties and the adjustment behavior of the model. Depending on the status motive,...

Persistent link: https://www.econbiz.de/10009736645

The Two Sides of Envy

Gershman, Boris - 2012

The two sides of envy, destructive and constructive, give rise to qualitatively different equilibria, depending on the … better endowed agents restrain their efforts to prevent destructive envy of the relatively poor. Otherwise, the standard … "keeping up with the Joneses" competition arises, and envy is satisfied through suboptimally high efforts. Economic growth …

Persistent link: https://www.econbiz.de/10010925715

The two sides of envy

Gershman, Boris - In: Journal of Economic Growth 19 (2014) 4, pp. 407-438

The two sides of envy, destructive and constructive, give rise to qualitatively different equilibria, depending on the … endowed agents underinvest in order to avoid destructive envy of the relatively poor. Otherwise, the standard “keeping up with … the Joneses” competition arises, and envy is satisfied through suboptimally high efforts. Economic growth expands the …

Persistent link: https://www.econbiz.de/10011154686