Tournemaine, Frederic; Tsoukis, Christopher - Volkswirtschaftliche Fakultät, … - 2008
To shed lights on growth, distribution and the relationships between the two, we develop a growth model with … pain from loss of status, we show that ambition of individuals plays an important role regarding growth and distribution …: ambition can inhibit or foster accumulation of wealth, then in turn growth. In such a context, we show that growth can be …