Endogenous growth with addictive habits
| dc.rights.license | open | en_US |
| hal.structure.identifier | Groupe de Recherche en Economie Théorique et Appliquée [GREThA] | |
| dc.contributor.author | AUGERAUD VERON, Emmanuelle | |
| dc.contributor.author | BAMBI, Mauro | |
| dc.date.accessioned | 2020-06-17T09:02:34Z | |
| dc.date.available | 2020-06-17T09:02:34Z | |
| dc.date.issued | 2015-01-31 | |
| dc.identifier.issn | 0304-4068 | en_US |
| dc.identifier.uri | https://www.researchgate.net/publication/269810021_Endogenous_growth_with_addictive_habits | |
| dc.identifier.uri | oai:researchgate.net:269810021 | |
| dc.identifier.uri | oai:crossref.org:10.1016/j.jmateco.2014.11.002 | |
| dc.identifier.uri | https://oskar-bordeaux.fr/handle/20.500.12278/7967 | |
| dc.description.abstract | In this paper, we investigate the global dynamics of an endogenous growth model with linear technology and addictive habits. We find feasible parameters’ conditions under which: (a) the resulting equilibrium consumption path is steeper than in a standard AK model; (b) endogenous fluctuations in the form of damping fluctuations around the balanced growth path emerge; (c) the Easterlin’s paradox emerges. The relevance of these results is explained comparing our findings with the results already known in the existing literature. | |
| dc.language.iso | EN | en_US |
| dc.source | researchgate | |
| dc.source | crossref | |
| dc.subject.en | Habit formation | |
| dc.subject.en | Consumption smoothing | |
| dc.subject.en | Endogenous fluctuations | |
| dc.title | Endogenous growth with addictive habits | |
| dc.type | Article de revue | en_US |
| dc.identifier.doi | 10.1016/j.jmateco.2014.11.002 | en_US |
| dc.subject.hal | Économie et finance quantitative [q-fin] | en_US |
| bordeaux.journal | Journal of Mathematical Economics | en_US |
| bordeaux.page | 15-25 | en_US |
| bordeaux.volume | 56 | en_US |
| bordeaux.hal.laboratories | Groupe de Recherche en Economie Théorique et Appliquée (GREThA) - UMR 5113 | en_US |
| bordeaux.institution | Université de Bordeaux | en_US |
| bordeaux.peerReviewed | oui | en_US |
| bordeaux.inpress | non | en_US |
| bordeaux.import.source | dissemin | |
| hal.identifier | hal-02871278 | |
| hal.version | 1 | |
| hal.date.transferred | 2020-06-17T09:02:38Z | |
| hal.export | true | |
| workflow.import.source | dissemin | |
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