Welfare Implications of the Interaction between Habits and Consumption Externalities
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- Jaime Alonso-Carrera & Jordi Caballé & Xavier Raurich, 2006. "Welfare Implications Of The Interaction Between Habits And Consumption Externalities," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 47(2), pages 557-571, May.
- Jaime Alonso-Carrera & Jordi Caballé & Xavier Raurich, 2004. "Welfare Implications of the Interaction between Habits and Consumption Externalities," UFAE and IAE Working Papers 639.04, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
References listed on IDEAS
- Harbaugh, Richmond, 1996. "Falling behind the Joneses: relative consumption and the growth-savings paradox," Economics Letters, Elsevier, vol. 53(3), pages 297-304, December.
- Jaime Alonso-Carrera & Jordi Caball?Author-Email: jordi.caballe@uab.es & Xavier Raurich, 2001. "Income Taxation with Habit Formation and Consumption Externalities," UFAE and IAE Working Papers 496.01, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
- Harald Uhlig & Lars Ljungqvist, 2000. "Tax Policy and Aggregate Demand Management under Catching Up with the Joneses," American Economic Review, American Economic Association, vol. 90(3), pages 356-366, June.
- de la Croix, David, 1998. "Growth and the relativity of satisfaction," Mathematical Social Sciences, Elsevier, vol. 36(2), pages 105-125, September.
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Cited by:
- Thomas Aronsson & Sugata Ghosh & Ronald Wendner, 2023.
"Positional preferences and efficiency in a dynamic economy,"
Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 61(2), pages 311-337, August.
- Aronsson, Thomas & Ghosh, Sugata & Wendner, Ronald, 2020. "Positional Preferences and Efficiency in a Dynamic Economy," MPRA Paper 108333, University Library of Munich, Germany.
- Aronsson, Thomas & Ghosh, Sugata & Wendner, Ronald, 2021. "Positional Preferences and Efficiency in a Dynamic Economy," MPRA Paper 108335, University Library of Munich, Germany.
- Aronsson, Thomas & Ghosh, Sugata & Wendner, Ronald, 2020. "Positional Preferences and Efficiency in a Dynamic Economy," MPRA Paper 98425, University Library of Munich, Germany.
- Thomas Aronsson & Sugata Ghosh & Ronald Wendner, 2020. "Positional Preferences and Efficiency in a Dynamic Economy," Graz Economics Papers 2020-01, University of Graz, Department of Economics.
- Aronsson, Thomas & Ghosh, Sugata & Wendner, Ronald, 2020. "Positional Preferences and Efficiency in a Dynamic Economy," Umeå Economic Studies 969, Umeå University, Department of Economics.
- Thomas Aronsson & Sugata Ghosh & Ronald Wendner, 2021. "Positional Preferences and Efficiency in a Dynamic Economy," Graz Economics Papers 2021-07, University of Graz, Department of Economics.
- Francisco Alvarez-Cuadrado, 2007.
"Envy, leisure, and restrictions on working hours,"
Canadian Journal of Economics, Canadian Economics Association, vol. 40(4), pages 1286-1310, November.
- Francisco Alvarez‐Cuadrado, 2007. "Envy, leisure, and restrictions on working hours," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 40(4), pages 1286-1310, November.
- Francisco Alvarez-Cuadrado, 2006. "Envy, Leisure, And Restrictions On Working Hours," Departmental Working Papers 2006-01, McGill University, Department of Economics.
- Alonso-Carrera, Jaime & Caballé, Jordi & Raurich, Xavier, 2008.
"Can consumption spillovers be a source of equilibrium indeterminacy?,"
Journal of Economic Dynamics and Control, Elsevier, vol. 32(9), pages 2883-2902, September.
- Jaime Alonso-Carrera & Jordi Caballé & Xavier Raurich, 2005. "Can consumption spillovers be a source of equilibrium indeterminacy?," UFAE and IAE Working Papers 657.05, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
- Jaime Alonso-Carrera & Jordi caballe & Xavier Raurich, 2007. "Can Consumption Spillovers Be A Source Of Equilibrium Indeterminacy?," CAMA Working Papers 2007-13, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Jaime Alonso-Carrera & Jordi Caballé & Xavier Raurich, 2005. "Can consumption spillovers be a source of equilibrium indeterminacy?," Working Papers 154, Barcelona School of Economics.
- Jaime Alonso-Carrera & Jordi Caballé & Xavier Raurich, 2005. "Can consumption spillovers be a source of equilibrium indeterminacy?," 2005 Meeting Papers 362, Society for Economic Dynamics.
- Gómez, Manuel A., 2014. "Equilibrium dynamics in a class of one-sector endogenous growth models with external habits: An application of special functions," Journal of Mathematical Economics, Elsevier, vol. 51(C), pages 50-54.
- Chen, Been-Lon & Hsu, Mei, 2009. "Consumption externality, efficiency and optimal taxation in one-sector growth model," Economic Modelling, Elsevier, vol. 26(6), pages 1328-1334, November.
- Manuel A. Gómez, 2022. "The good, the bad and the worse: current, past and future consumption externalities and equilibrium efficiency," Journal of Economics, Springer, vol. 137(3), pages 195-228, December.
- Manuel A. Gómez, 2010. "The welfare cost of external habits: a quantitative assessment," Estudios de Economia, University of Chile, Department of Economics, vol. 37(1 Year 20), pages 5-26, June.
- Koenig, Tobias & Wagener, Andreas, 2013. "Tax structure and government expenditures with tax equity concerns," Journal of Economic Behavior & Organization, Elsevier, vol. 90(C), pages 137-153.
- Nakamoto, Yasuhiro, 2009. "Jealousy and underconsumption in a one-sector model with wealth preference," Journal of Economic Dynamics and Control, Elsevier, vol. 33(12), pages 2015-2029, December.
- Tobias Koenig & Andreas Wagener, 2010. "Tax Structure and Government Expenditures under Tax Equity Norms," CESifo Working Paper Series 3205, CESifo.
- Ali Choudhary & Paul Levine, 2006. "The 24/7 Society and Multiple Habits," School of Economics Discussion Papers 0506, School of Economics, University of Surrey.
- repec:grz:wpaper:2015-03 is not listed on IDEAS
- Curatola, Giuliano & Dergunov, Ilya, 2023. "International capital markets with interdependent preferences: Theory and empirical evidence," Journal of Economic Behavior & Organization, Elsevier, vol. 212(C), pages 403-421.
- Gómez, Manuel A., 2021. "On the closed-form solution of an endogenous growth model with anticipated consumption," Journal of Mathematical Economics, Elsevier, vol. 95(C).
- Wendner, Ronald, 2015. "Do positional preferences for wealth and consumption cause inter-temporal distortions?," MPRA Paper 64086, University Library of Munich, Germany.
- Been-Lon Chen & Yu-Shan Hsu & Kazuo Mino, 2013. "Can consumption habit spillovers be a source of equilibrium indeterminacy?," Journal of Economics, Springer, vol. 109(3), pages 245-269, July.
- Been-Lon Chen & Shun-Fa Lee & Shimomura Koji, 2009.
"Import Tariffs and Growth in a Model with Habits,"
Springer Books, in: Takashi Kamihigashi & Laixun Zhao (ed.), International Trade and Economic Dynamics, pages 299-322,
Springer.
- Chen, Been-Lon & Lee, Shun-Fa, 2007. "Import Tariffs and Growth in a Model with Habits," MPRA Paper 27667, University Library of Munich, Germany.
- Manuel Gómez, 2010. "A note on external habits and efficiency in the AK model," Journal of Economics, Springer, vol. 99(1), pages 53-64, February.
- Wendner, Ronald & Ghosh, Sugata, 2017. "Positional Preferences: Efficiency and Distortions under Welfarist- and Paternalistic Governments," MPRA Paper 77839, University Library of Munich, Germany.
- Gómez, Manuel A. & Monteiro, Goncalo, 2015. "Internal habits in an endogenous growth model with elastic labor supply," Economic Modelling, Elsevier, vol. 51(C), pages 583-595.
- Gomez Suarez, Manuel A., 2008. "Utility and production externalities, equilibrium efficiency and leisure specification," Journal of Macroeconomics, Elsevier, vol. 30(4), pages 1496-1519, December.
- Kraft, Holger & Meyer-Wehmann, André & Seifried, Frank Thomas, 2022. "Endogenous habits and equilibrium asset prices," Journal of Economic Behavior & Organization, Elsevier, vol. 197(C), pages 279-300.
- Gómez Manuel A., 2010. "Endogenous Growth, Habit Formation and Convergence Speed," The B.E. Journal of Macroeconomics, De Gruyter, vol. 10(1), pages 1-32, January.
- Rachel J. Huang & Larry Y. Tzeng, 2008. "Consumption Externality and Equilibrium Underinsurance," Journal of Risk & Insurance, The American Risk and Insurance Association, vol. 75(4), pages 1039-1054, December.
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More about this item
Keywords
Habit formation; consumption externalities;JEL classification:
- D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
- O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
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