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<section name="raw"> <SEQUENTIAL> <record key="001" att1="001" value="130551" att2="130551">001 130551</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-77.pdf</field> <field key="079" subkey="z">Fisher, Walter H. - et al., Conspicuous Consumption, Economic Growth, and Taxation: A Generalization (pdf)</field> <field key="079" subkey="y">http://ideas.repec.org/p/ihs/ihsesp/77.html</field> <field key="079" subkey="z">Institute for Advanced Studies. Economics Series; 77 (RePEc)</field> <field key="100" subkey="">Fisher, Walter H.</field> <field key="103" subkey="">Institute for Advanced Studies, Vienna</field> <field key="104" subkey="a">Hof, Franz X.</field> <field key="107" subkey="">Institute of Economics, University of Technology Vienna</field> <field key="331" subkey="">Conspicuous Consumption, Economic Growth, and Taxation: A Generalization</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="">2000, March</field> <field key="433" subkey="">24 pp.</field> <field key="451" subkey="">Institut für Höhere Studien; Reihe Ökonomie; 77</field> <field key="451" subkey="h">Kunst, Robert M. (Ed.) ; Fisher, Walter (Ed.) ; Ritzberger, Klaus (Ed.)</field> <field key="461" subkey="">Economics Series</field> <field key="517" subkey="c">from the Table of Contents: Introduction; The Model and the Decentralized Solution; The Social Planner's Solution; Optimal</field> <field key="Tax" subkey="a">tion in the Decentralized Economy; Concluding Remarks; Appendix;</field> <field key="544" subkey="">IHSES 77</field> <field key="700" subkey="">D62</field> <field key="700" subkey="">D91</field> <field key="700" subkey="">E21</field> <field key="700" subkey="">E62</field> <field key="720" subkey="">Social status</field> <field key="720" subkey="">Conspicuous consumption</field> <field key="720" subkey="">Economic growth</field> <field key="753" subkey="">Abstract: This paper studies the infuence of consumption externalities in the Ramsey model. In contrast to the recent literature,</field> <field key="a q" subkey="u">ite general specification of preferences is used and the concept of the effective intertemporal elasticity of substitution is</field> <field key="int" subkey="r">oduced. We give conditions for the observational equivalence between economies with consumption externalities and</field> <field key="ext" subkey="e">rnality-free economies. An additional key result is that there exist several types of instantaneous utility functionsin which</field> <field key="the" subkey="">decentralized solution coincides with the socially planned one in spite of the presence of consumption externalities. The</field> <field key="con" subkey="d">itions for optimal taxation are also derived.;</field> </SEQUENTIAL> </section> Servertime: 0.36 sec | Clienttime:
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