Convergence speed and preference externalities in a one-sector model with elastic labor supply

被引:2
|
作者
Nakamoto, Yasuhiro [1 ]
机构
[1] Kyushu Sangyo Univ, Fac Econ, Higashi Ku, Fukuoka 8138503, Japan
关键词
Consumption externalities; Leisure externalities; Convergence speed; Intertemporal substitution elasticity; Elastic labor supply; ECONOMIC-GROWTH; SUBSTITUTION; CONSUMPTION; EFFICIENCY;
D O I
10.1016/j.econlet.2009.06.005
中图分类号
F [经济];
学科分类号
02 ;
摘要
In a one-sector model with elastic labor supply where consumption and leisure externalities are incorporated, we examine the impact of preference externalities on convergence speed. (C) 2009 Elsevier B. V. All rights reserved.
引用
收藏
页码:86 / 89
页数:4
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