全球智库信息集成服务系统(G2TT): Notes on habit formation and socially optimal growth

G2TT

来源类型	Working papers
规范类型	论文
DOI	10.3929/ethz-a-005237203
	Notes on habit formation and socially optimal growth
	Valente, Simone
发表日期	2006-02
出版者	ETH Zurich, Institute of Economic Research (WIF)
出版年	2006
语种	英语
摘要	The interaction between habit formation and pollution-type externalities modi es the social optimum through discount e¤ects and elasticity e¤ects. If the substitution elasticity does not exceed unity, both e¤ects reduce optimal consumption and capital in the long run, and the optimal capital-income tax increases with the relative importance of habits. Similar results hold with high elasticity if the relative importance of habits is su¢ ciently high.
主题	Externalities ; Habit formation ; Pollution ; Optimal growth
URL	https://www.research-collection.ethz.ch/handle/20.500.11850/46305
来源智库	Centre for Energy Policy and Economics (Switzerland)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/266636
推荐引用方式 GB/T 7714	Valente, Simone. Notes on habit formation and socially optimal growth. 2006.