The welfare cost of external habits: a quantitative assessment
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More about this item
Keywords
Welfare; Habit formation; Endogenous growth;JEL classification:
- E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
- D62 - Microeconomics - - Welfare Economics - - - Externalities
- O41 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models
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