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Is wealth accumulation a luxury good?

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Publication:1925669
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DOI10.1016/J.ECONLET.2011.12.122zbMATH Open1253.91108OpenAlexW2048353698MaRDI QIDQ1925669FDOQ1925669


Authors: Kiichi Tokuoka Edit this on Wikidata


Publication date: 18 December 2012

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2011.12.122




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  • scientific article; zbMATH DE number 1443275


zbMATH Keywords

wealthmarginal utilitycapitalist spiritluxury good


Mathematics Subject Classification ID

Consumer behavior, demand theory (91B42)


Cites Work

  • Consumption Over the Life Cycle
  • Buffer-Stock Saving and the Life Cycle/Permanent Income Hypothesis
  • THE WEALTH DISTRIBUTION AND THE DEMAND FOR STATUS


Cited In (1)

  • Utility analysis, luxuries and risk





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