کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
970460 1479553 2010 9 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Gain versus pain from status and ambition: Effects on growth and inequality
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Gain versus pain from status and ambition: Effects on growth and inequality
چکیده انگلیسی

To shed light on growth, distribution and the relationship between the two, we develop an endogenous growth model with heterogeneous individuals who care about social status. Individuals’ heterogeneity stems from two sources: their innate skills and their degree of ambition. While the willingness of individuals to accumulate wealth depends on whether they experience gain or 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, though we show that growth can be positively or negatively correlated with inequality, the case of a positive correlation between the two appears to be the most plausible.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: The Journal of Socio-Economics - Volume 39, Issue 2, April 2010, Pages 286–294
نویسندگان
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