Status Effects and Neganive Utility Growth

B. Cooper and Cecilia Garcia-Penalosa ()

Economics Papers from Economics Group, Nuffield College, University of Oxford

Abstract: This paper explains the observed stagnation of 'Happiness' measures in the post-war period through a growth model in which agents care about conspicuous consumption.

Keywords: GAME THEORY; ECONOMIC GROWTH (search for similar items in EconPapers)
JEL-codes: C70 H20 O40 (search for similar items in EconPapers)
Pages: 34 pages
Date: 1998
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Journal Article: Status Effects and Negative Utility Growth (2001)
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Persistent link: https://EconPapers.repec.org/RePEc:nuf:econwp:150

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