Is wealth accumulation a luxury good?

DOI10.1016/J.ECONLET.2011.12.122MaRDI QIDQ1925669zbMATH OpenOpenAlexFDO

Authors Kiichi Tokuoka

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

zbMATH Keywords

wealthmarginal utilitycapitalist spiritluxury good

Mathematics Subject Classification ID

Consumer behavior, demand theory (91B42)

Recommendations

• THE WEALTH DISTRIBUTION AND THE DEMAND FOR STATUS
• Utility analysis, luxuries and risk
• Wealth inequality under ``keeping up with the Joneses preferences
• The quest for status and endogenous labor supply: the relative wealth framework
• scientific article; zbMATH DE number 1443275

Cites work

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

Cited in

(1)

• Utility analysis, luxuries and risk

This page was built for publication: Is wealth accumulation a luxury good?

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q1925669)