Consumption externalities, production externalities, and long-run macroeconomic efficiency

By Wen-Fang Liu, S. Turnovsky. 2005

208 citations recorded by the source corpus.

Subfields: Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/38a7498ec4f8e3eaeaa3ef32f9d6cf58967e8d98

How researchers see this paper

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In Economics and Econometrics

1. Dimitris Georgarakos
2. Giacomo Pasini
3. Michael Haliassos
4. Michael Ehrmann
5. Panagiota Tzamourani

Citations in the corpus

• Household Debt and Social Interactions (2012, background): “…lottery tend to influence not only the 4 Most existing theoretical models, which are based on an infinite-horizon representative agent, imply greater consumption, less leisure, and greater accumulation of assets to keep up with the Joneses both now and in the future (Liu and Turnovsky, 2005).”