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      <record key="001" att1="001" value="165672" att2="165672">001   165672</record>
      <field key="037" subkey="x">englisch</field>
      <field key="050" subkey="x">Forschungsbericht</field>
      <field key="076" subkey="">Ökonomie</field>
      <field key="079" subkey="y">http://www.ihs.ac.at/publications/eco/es-201.pdf</field>
      <field key="079" subkey="z">Duernecker, Georg, Growth Effects of Consumption Jealousy in a Two-Sector Model (pdf)</field>
      <field key="079" subkey="y">http://ideas.repec.org/p/ihs/ihsesp/201.html</field>
      <field key="079" subkey="z">Institute for Advanced Studies. Economics Series; 201 (RePEc)</field>
      <field key="100" subkey="">Duernecker, Georg</field>
      <field key="103" subkey="">Department of Economics, European University Institute, Florence, Italy</field>
      <field key="331" subkey="">Growth Effects of Consumption Jealousy in a Two-Sector Model</field>
      <field key="403" subkey="">1. Ed.</field>
      <field key="410" subkey="">Wien</field>
      <field key="412" subkey="">Institut für Höhere Studien</field>
      <field key="425" subkey="">2007, January</field>
      <field key="433" subkey="">30 pp.</field>
      <field key="451" subkey="">Institut für Höhere Studien; Reihe Ökonomie; 201</field>
      <field key="451" subkey="h">Kunst, Robert M. (Ed.) ; Fisher, Walter (Assoc. Ed.) ; Ritzberger, Klaus (Assoc. Ed.)</field>
      <field key="461" subkey="">Economics Series</field>
      <field key="517" subkey="c">from the Table of Contents: Introduction; The Model; Equilibrium Analysis; Transitional and Global Dynamics; Conclusion and</field>
      <field key="Ext" subkey="e">nsions; Appendix; References;</field>
      <field key="542" subkey="">1605-7996</field>
      <field key="544" subkey="">IHSES 201</field>
      <field key="700" subkey="">D91</field>
      <field key="700" subkey="">E21</field>
      <field key="700" subkey="">O41</field>
      <field key="720" subkey="">Status-seeking</field>
      <field key="720" subkey="">Economic growth</field>
      <field key="720" subkey="">Transitional dynamics</field>
      <field key="720" subkey="">Human capital</field>
      <field key="753" subkey="">Abstract: This paper aims at analyzing the implications of individuals’ consumption jealousy on the dynamic structure of a</field>
      <field key="two" subkey="-">sector model economy. We find that status-seeking substantially influences both, the long-term properties and the adjustment</field>
      <field key="beh" subkey="a">vior of the model. Depending on the status motive, productivity disturbances might induce countercyclical responses of work</field>
      <field key="eff" subkey="o">rt whereas preference shocks are expected to generate an overshooting relative capital intensity. Generally we findthat, for</field>
      <field key="emp" subkey="i">rically plausible values of the intertemporal elasticity of substitution, a higher degree of consumption jealousy induces</field>
      <field key="age" subkey="n">ts to devote more time to education which stimulates human capital accumulation and hence promotes economic growth.;</field>
    </SEQUENTIAL>
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