Jellal, Mohamed; Rajhi, Taoufik - In: Revue d'économie politique 113 (2003) 1, pp. 87-103
In this paper, we present a model of growth where agents are characterized by social status behaviour. With respect to … the literature, we show that social status seeking is not always desirable for economic growth. Specially, we prove that … these two cases, the norm of social status seeking may be seen as a social incentive mechanism leading to wealth …