Advanced Search
MyIDEAS: Login to save this paper or follow this series

Consumption Taxation, Social Status and Indeterminacy in Models of Endogenous Growth with Elastic Labor Supply

Contents:

Author Info

  • Itaya, Jun-ichi
  • Kanamori, Naoshige
Registered author(s):

    Abstract

    This paper examines the effects of consumption taxation on longrun growth in an infinity-lived representative agent model of endogenous growth in which the desire for social status induces private agents to care about others’ wealth or consumption levels. We also allow for nonseparable preferences in own consumption, labor supply and social status that may cause indeterminacy of equilibrium. This analysis shows that consumption taxation generally raises (reduces) a long-run growth rate when the balanced growth path is indeterminate (determinate) in the models of wealth-induced social status and consumption externalities.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://hdl.handle.net/2115/32614
    Download Restriction: no

    File URL: http://eprints.lib.hokudai.ac.jp/dspace/bitstream/2115/32614/1/DPA199.pdf
    Download Restriction: no

    Bibliographic Info

    Paper provided by Graduate School of Economics and Business Administration, Hokkaido University in its series Discussion paper series. A with number 199.

    as in new window
    Length: 35 pages
    Date of creation: Apr 2008
    Date of revision:
    Handle: RePEc:hok:dpaper:199

    Contact details of provider:
    Postal: Kita 9, Nishi 7, Kita-ku, Sapporo, 060-0809
    Phone: +81 (0)11-706-3163
    Fax: +81 (0)11-706-4947
    Web page: http://www.econ.hokudai.ac.jp/en08/
    More information through EDIRC

    Related research

    Keywords: Social Status; Endogenous Growth; Consumption Externality; Indeterminacy; Consumption Taxation; Endogenous Labor Supply; D62; D90; E62; O40; P10;

    Find related papers by JEL classification:

    This paper has been announced in the following NEP Reports:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:hok:dpaper:199. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Hokkaido University Library).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.