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dc.rights.licenseopenen_US
hal.structure.identifierGroupe de Recherche en Economie Théorique et Appliquée [GREThA]
dc.contributor.authorAUGERAUD VERON, Emmanuelle
dc.contributor.authorBAMBI, Mauro
dc.date.accessioned2020-06-17T09:02:34Z
dc.date.available2020-06-17T09:02:34Z
dc.date.issued2015-01-31
dc.identifier.issn0304-4068en_US
dc.identifier.urihttps://www.researchgate.net/publication/269810021_Endogenous_growth_with_addictive_habits
dc.identifier.urioai:researchgate.net:269810021
dc.identifier.urioai:crossref.org:10.1016/j.jmateco.2014.11.002
dc.identifier.urihttps://oskar-bordeaux.fr/handle/20.500.12278/7967
dc.description.abstractIn 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.isoENen_US
dc.sourceresearchgate
dc.sourcecrossref
dc.subject.enHabit formation
dc.subject.enConsumption smoothing
dc.subject.enEndogenous fluctuations
dc.titleEndogenous growth with addictive habits
dc.typeArticle de revueen_US
dc.identifier.doi10.1016/j.jmateco.2014.11.002en_US
dc.subject.halÉconomie et finance quantitative [q-fin]en_US
bordeaux.journalJournal of Mathematical Economicsen_US
bordeaux.page15-25en_US
bordeaux.volume56en_US
bordeaux.hal.laboratoriesGroupe de Recherche en Economie Théorique et Appliquée (GREThA) - UMR 5113en_US
bordeaux.institutionUniversité de Bordeauxen_US
bordeaux.peerReviewedouien_US
bordeaux.inpressnonen_US
bordeaux.import.sourcedissemin
hal.identifierhal-02871278
hal.version1
hal.date.transferred2020-06-17T09:02:38Z
hal.exporttrue
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