Can growth-enhanced monetary policy improve welfare when people seek social status?
Author:
Publisher
Springer Science and Business Media LLC
Subject
Economics and Econometrics,General Business, Management and Accounting
Link
http://link.springer.com/content/pdf/10.1007/s00712-013-0350-8.pdf
Reference18 articles.
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3. Benhabib J, Spiegel MM (2009) Moderate inflation and the deflation-depression link. J Money Credit Bank 41:787–798
4. Chang WY (2006) Relative wealth, consumption taxation, and economic growth. J Econ 88:103–129
5. Chang WY, Hsieh YN, Lai CC (2000) Social status, inflation, and endogenous growth in a cash-in-advance economy. Eur J Polit Econ 16:535–545
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