Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5062293 | Economics Letters | 2006 | 6 Pages |
Abstract
We investigate a simple endogenous growth model where agents care about their social status. As greater equality tends to provide greater incentives to differentiate oneself, redistribution may increase wasteful competitive consumption and lead to lower growth.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Ed Hopkins, Tatiana Kornienko,