Convergence speed and preference externalities in a one-sector model with elastic labor supply
AbstractIn a one-sector model with elastic labor supply where consumption and leisure externalities are incorporated, we examine the impact of preference externalities on convergence speed.
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Bibliographic InfoArticle provided by Elsevier in its journal Economics Letters.
Volume (Year): 105 (2009)
Issue (Month): 1 (October)
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Web page: http://www.elsevier.com/locate/ecolet
Consumption externalities Leisure externalities Convergence speed Intertemporal substitution elasticity Elastic labor supply;
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