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Heterogeneous Bequests and Social Inequalities
Borissov, Kirill; Bosi, Stefano; Ha-Huy, Thai; Pakhnin, … - 2023
We study a growth model with two types of agents who are heterogeneous in their degree of family altruism. We prove … linking economic growth and income inequality. …
Persistent link: https://www.econbiz.de/10014469860
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Heterogeneous bequests and social inequalities
Borissov, Kirill; Bosi, Stefano; Thai Ha Huy; Pakhnin, … - 2023
We study a growth model with two types of agents who are heterogeneous in their degree of family altruism. We prove … linking economic growth and income inequality. …
Persistent link: https://www.econbiz.de/10014384038
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The Gene of an Accelerating Industrial Society: Expansive Reproduction
Kim, Tai-Yoo; Kim, Seunghyun; Lee, Jongsu - Technology Management, Economics and Policy Program … - 2010
growth in industrial society. Based on economic literature of economic growth theories, the causes of the acceleration of … economic growth in industrial society are identified, and reference the genetic properties of economic growth represented as … the virtuous cycle of expansive reproduction. Expansive reproduction is a unique growth structure of industrial society …
Persistent link: https://www.econbiz.de/10008511409
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Household wealth as a factor of economic growth: A case study of Italy
Odoardi, Iacopo; Pagliari, Carmen - In: Contemporary Economics 14 (2020) 3, pp. 337-353
mechanism to start 'accelerated' growth processes. …
Persistent link: https://www.econbiz.de/10014544568
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Household wealth as a factor of economic growth : a case study of Italy
Odoardi, Iacopo; Pagliari, Carmen - In: Contemporary economics 14 (2020) 3, pp. 327-353
mechanism to start “accelerated” growth processes. …
Persistent link: https://www.econbiz.de/10012301673
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Conspicuous consumption, economic growth, and taxation: A generalization
Fisher, Walter H.; Hof, Franz X. - 1999
This paper studies the influence of consumption externalities in the Ramsey model. In contrast to the recent literature, a quite general specification of preferences is used and the concept of the effective intertemporal elasticity of substitution is introduced. We give conditions for the...
Persistent link: https://www.econbiz.de/10010291908
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Solving consumption models with multiplicative habits
Carroll, Christopher D. - 2000
This paper provides derivations necessary for solving an optimal consumption problem with multiplicative habits and a CRRA 'outer' utility function either for a microeconomic problem with both labor income risk and rate-of-return risk or for a macroeoconomic representative agent model.
Persistent link: https://www.econbiz.de/10010293504
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Growth effects of consumption jealousy in a two-sector model
Duernecker, Georg - 2007
induces agents to devote more time to education which stimulates human capital accumulation and hence promotes economic growth. …
Persistent link: https://www.econbiz.de/10010294033
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Comparing consumption: a curse or a blessing?
Strulik, Holger - 2008
Does it make us unhappier when we compare our current consumption with that of the Joneses or our own past achievements? This paper tries an answer without recurring on interpersonal utility comparisons. It calibrates an economy under three different assumptions, non-comparing utility, and...
Persistent link: https://www.econbiz.de/10010264934
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The relationship between savings and economic growth in countries with different level of economic development
Misztal, Piotr - In: e-Finanse: Financial Internet Quarterly 7 (2011) 2, pp. 17-29
The aim of this paper is to analyze the cause and effect relationship between economic growth and savings in advanced …
Persistent link: https://www.econbiz.de/10010289510