Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/104164 
Year of Publication: 
2005
Series/Report no.: 
Munich Discussion Paper No. 2005-9
Publisher: 
Ludwig-Maximilians-Universität München, Volkswirtschaftliche Fakultät, München
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: 
D62
D63
D64
O00
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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