Consumption Taxation, Social Status and Indeterminacy in Models of Endogenous Growth with Elastic Labor Supply
スポンサーリンク
概要
- 論文の詳細を見る
This paper examines the effects of consumption taxation on longrun growth in an infinity-lived representative agent model of endogenous growth in which the desire for social status induces private agents to care about others’ wealth or consumption levels. We also allow for nonseparable preferences in own consumption, labor supply and socialstatus that may cause indeterminacy of equilibrium. This analysis shows that consumption taxation generally raises (reduces) a long-run growth rate when the balanced growth path is indeterminate (determinate) in the models of wealth-induced social status and consumption externalities.
論文 | ランダム
- バイパス遷移に対する乱流モデルの検証と提案
- 学校5日制と地域の教育力〔含 討論〕 (日本教育学会第53回大会報告) -- (シンポジウム)
- 祝辞
- 高速液体クロマトグラフィーによる脱脂粉乳中のクロラムフェニコールの定量
- 技術レポート 脱脂粉乳中のクロラムフェニコールの定量