Fashion and wealth accumulation

DOI10.1007/S001990050303MaRDI QIDQ1306646zbMATH OpenOpenAlexFDO

Authors Shou Yong Shi

Publication date 9 February 2001

Published in Economic Theory (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s001990050303

zbMATH Keywords

limit cycleswealth accumulationhabitsfashion

Mathematics Subject Classification ID

Consumer behavior, demand theory (91B42)

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(7)

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• Explaining fashion cycles: imitators chasing innovators in product space
• Preferences, endogenous discount rate, and indeterminacy in a small open economy model
• Impatience and equilibrium indeterminacy
• Learning by doing, endogenous discounting and economic development
• Time preference and international trade
• Conspicuous consumption dynamics

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