Can consumption spillovers be a source of equilibrium indeterminacy?

DOI10.1016/J.JEDC.2007.12.001zbMATH Open1181.91164OpenAlexW2151913980MaRDI QIDQ844765FDOQ844765

Jaime Alonso-Carrera, Xavier Raurich, Jordi Caballé

Publication date: 19 January 2010

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

Full work available at URL: http://pareto.uab.es/wp/2005/65705.pdf

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zbMATH Keywords

indeterminacyconsumption externalitieslabor supply

Mathematics Subject Classification ID

Economic growth models (91B62)

Cites Work

• Indeterminacy and increasing returns
• On the minimum degree of returns to scale in sunspot models of the business cycle.
• Indeterminacy with non-separable utility
• Consumption Externalities, Production Externalities and Indeterminacy

Cited In (16)

• Market distortions and local indeterminacy: a general approach
• Local and global bifurcations in an economic growth model with endogenous labour supply and multiplicative external habits
• Consumption taxation, social status and indeterminacy in models of endogenous growth with elastic labor supply
• A model of growth with inherited tastes
• Consumption Externalities, Production Externalities and Indeterminacy
• Indeterminacy and nonlinear dynamics in an OLG growth model with endogenous labour supply and inherited tastes
• Heterogeneous conformism and wealth distribution in a neoclassical growth model
• Can consumption habit spillovers be a source of equilibrium indeterminacy?
• Dynamic effects of consumption externalities
• Do complementary factors lead to economic fluctuations?
• Consumption externalities: a representative consumer model when agents are heterogeneous
• Monetary policy, stock prices, and consumption externalities
• Endogenous time preference, consumption externalities, and trade: multiple steady states and indeterminacy
• Consumption externalities and equilibrium dynamics with heterogeneous agents
• A new route to the rapid growth of the service sector: rise of the standard of living
• Admiration is a source of indeterminacy

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