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Title:The poverty of growth with interdependent utility functions PDF Logo
Authors:Komlos, John
Salamon, Peter
Issue Date:2005
Series/Report no.:CESifo working papers 1470
Abstract:We argue that with interdependent utility functions growth can lead to a decline in total welfare of a society if the gains from growth are sufficiently unequally distributed in the presence of negative externalities, i.e., envy.
Subjects:interdependent utility functions
growth
inequality
JEL:D63
D62
O00
D64
Document Type:Working Paper
Appears in Collections:CESifo Working Papers, CESifo Group Munich

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