Dynamic status effects, savings, and income inequality

DOI10.1111/IERE.12426MaRDI QIDQ3299181zbMATH OpenOpenAlexFDO

Authors Evangelos V. Dioikitopoulos, Stephen J. Turnovsky, Ronald Wendner

Publication date 17 July 2020

Published in International Economic Review (Search for Journal in Brave)

Full work available at URL https://onlinelibrary.wiley.com/doi/pdfdirect/10.1111/iere.12426?download=true, http://www100.uni-graz.at/vwlwww/forschung/RePEc/wpaper/2017-08.pdf

zbMATH Keywords

dynamic status effectincome inequalitysaving rate

Mathematics Subject Classification ID

Welfare economics (91B15) Consumer behavior, demand theory (91B42)

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(6)

• Status-seeking behavior, the evolution of income inequality, and growth
• A theory of the saving rate of the rich
• Fiscal policy and inequality in a model with endogenous positional concerns
• Status, inequality and intertemporal choice
• General equilibrium and dynamic inconsistency
• Material aspirations, cultural change, and the transition toward sustained growth

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