Status, the Distribution of Wealth, and Growth
研究个体同时关心消费和财富排名时的内生增长模型，发现地位寻求动机越强、初始财富越平等，稳态增长率越高，且均衡增长率可能等于社会最优。
We analyze a simple model of endogenous growth in which individuals care about both consumption and their rank in the distribution of wealth. We show that the steady‐growth rate of the economy increases with both the strength of the status‐seeking motive and the initial equality of the wealth distribution. Contrary to the basic model of endogenous growth, the equilibrium growth rate is not necessarily smaller than in the social optimum, and we identify the circumstances under which the two coincide.