Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5060630 | Economics Letters | 2012 | 4 Pages |
Abstract
⺠I structurally estimate the Capitalist Spirit Model. ⺠The results support that wealth accumulation is a luxury good. ⺠The Capitalist Spirit Model can replicate wealth profiles of the rich well. ⺠The results are robust with parameter values and data sets.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Kiichi Tokuoka,