Optimal growth when tastes are inherited

DOI10.1016/S0165-1889(98)00028-1zbMath0914.90039OpenAlexW1798543422MaRDI QIDQ1275544

Philippe Michel, David de la Croix

Publication date: 12 January 1999

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/s0165-1889(98)00028-1

zbMATH Keywords

optimal growth

Mathematics Subject Classification ID

Economic growth models (91B62)

Related Items (14)

Aspirations and the transfer paradox in an overlapping generations model ⋮ Aspirations, health and the cost of inequality ⋮ On the long-run fluctuations of inheritance in two-sector OLG models ⋮ The dynamics of bequeathed tastes with endogenous fertility ⋮ Local and global bifurcations in an economic growth model with endogenous labour supply and multiplicative external habits ⋮ Consumption paths under prospect utility in an optimal growth model ⋮ A model of growth with inherited tastes ⋮ The fight-or-flight response to the Joneses and inequality ⋮ Habit formation and resource dependence in dynastic economies ⋮ Can faster income growth reduce well-being? ⋮ HABIT FORMATION, DYNASTIC ALTRUISM, AND POPULATION DYNAMICS ⋮ Indeterminacy and nonlinear dynamics in an OLG growth model with endogenous labour supply and inherited tastes ⋮ Consumption and habit formation when time horizon is finite ⋮ Growth and the relativity of satisfaction

Cites Work

• Unnamed Item
• The dynamics of bequeathed tastes
• Deficits and cycles
• Equilibrium cycles in an overlapping generations economy with production
• An alternative methodology for solving nonlinear forward-looking models
• Optimal growth and cycles in overlapping generations models
• Does optimal growth preclude chaos? A theorem on monotonicity
• On Endogenous Competitive Business Cycles
• Optimal Growth with Intertemporally Dependent Preferences

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