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Consumption externalities: a representative consumer model when agents are heterogeneous

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  • Cecilia García-Peñalosa
  • Stephen Turnovsky

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  • Cecilia García-Peñalosa & Stephen Turnovsky, 2008. "Consumption externalities: a representative consumer model when agents are heterogeneous," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 37(3), pages 439-467, December.
    • Handle: RePEc:spr:joecth:v:37:y:2008:i:3:p:439-467
    DOI: 10.1007/s00199-007-0296-6
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    19. Theo Eicher & Stephen J. Turnovsky, "undated". "Transitional Dynamics in Non-Scale Growth Models," Computing in Economics and Finance 1997 105, Society for Computational Economics.
    20. Turnovsky, Stephen J. & Garci­a-Peñalosa, Cecilia, 2008. "Distributional dynamics in a neoclassical growth model: The role of elastic labor supply," Journal of Economic Dynamics and Control, Elsevier, vol. 32(5), pages 1399-1431, May.
    21. Giacomo Corneo & Olivier Jeanne, 2001. "Status, the Distribution of Wealth, and Growth," Scandinavian Journal of Economics, Wiley Blackwell, vol. 103(2), pages 283-293, June.
    22. García-Peñalosa, Cecilia & Turnovsky, Stephen J., 2009. "The Dynamics Of Wealth Inequality In A Simple Ramsey Model: A Note On The Role Of Production Flexibility," Macroeconomic Dynamics, Cambridge University Press, vol. 13(2), pages 250-262, April.
    23. Fisher Walter H., 2004. "Status Preference, Wealth and Dynamics in the Open Economy," German Economic Review, De Gruyter, vol. 5(3), pages 335-355, August.
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    27. Turnovsky, Stephen J., 2002. "Intertemporal and intratemporal substitution, and the speed of convergence in the neoclassical growth model," Journal of Economic Dynamics and Control, Elsevier, vol. 26(9-10), pages 1765-1785, August.
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    More about this item

    Keywords

    Consumption externalities; Growth; Wealth distribution; Income distribution; D31; O41;
    All these keywords.

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • O41 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models

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