This paper shows that the interaction between consumption and production externalities generates the emergence of poverty traps in a simple model where individuals care of their relative consumption since holding a relatively advantageous position is instrumental to obtain productive benefits.
Titolo: | Relative consumption and poverty traps | |
Autori: | ||
Data di pubblicazione: | 2012 | |
Abstract: | This paper shows that the interaction between consumption and production externalities generates the emergence of poverty traps in a simple model where individuals care of their relative consumption since holding a relatively advantageous position is instrumental to obtain productive benefits. | |
Handle: | http://hdl.handle.net/11367/30900 | |
ISBN: | 9788898279012 | |
Appare nelle tipologie: | 2.1 Contributo in volume (Capitolo o Saggio) |
File in questo prodotto:
Non ci sono file associati a questo prodotto.
I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.