scholarly journals Social Status, Inflation and Endogenous Growth in A Cash-in-Advance Economy: A Reconsideration using the Credit Channel

2017 ◽  
Vol 86 (5) ◽  
pp. 622-640
Author(s):  
Rangan Gupta ◽  
Lardo Stander
Keyword(s):  
Social Status ◽  
Endogenous Growth ◽  
Credit Channel ◽  
Cash In Advance

Social status, inflation, and endogenous growth in a cash-in-advance economy

2000 ◽  
Vol 16 (3) ◽  
pp. 535-545 ◽  
Author(s):  
Wen-ya Chang ◽  
Yi-ni Hsieh ◽  
Ching-chong Lai
Keyword(s):  
Social Status ◽  
Endogenous Growth ◽  
Cash In Advance

Social Status, Labour Market Frictions and Endogenous Growth

2017 ◽  
Vol 69 (2) ◽  
pp. 226-250
Author(s):  
Hung-Ju Chen ◽  
Dongpeng Liu ◽  
Xiangbo Liu
Keyword(s):  
Social Status ◽  
Labour Market ◽  
Endogenous Growth ◽  
Market Frictions

Consumption tax, seigniorage tax and tax switch in a cash-in-advance economy of endogenous growth

2013 ◽  
Vol 114 (1) ◽  
pp. 23-42
Author(s):  
Wen-ya Chang ◽  
Hsueh-fang Tsai ◽  
Juin-jen Chang ◽  
Kuo-Hao Lee
Keyword(s):  
Endogenous Growth ◽  
Consumption Tax ◽  
Cash In Advance

scholarly journals CASH-IN-ADVANCE CONSTRAINT WITH STATUS AND ENDOGENOUS GROWTH

2017 ◽  
Vol 21 (6) ◽  
pp. 1235-1251
Author(s):  
Ken-ichi Kaminoyama ◽  
Taketo Kawagishi
Keyword(s):  
Growth Rate ◽  
Endogenous Growth ◽  
Relative Income ◽  
Money Growth ◽  
Ak Model ◽  
Growth Changes ◽  
The Relationship ◽  
Cash In Advance

This paper explores a one-sector AK model with a cash-in-advance (CIA) constraint that itself depends on relative income, which implies status. This constraint is referred to in this study as the CIA-status constraint and it means that agents with higher income are more creditworthy and can make purchases with fewer money holdings. We mainly show that the relationship between the endogenous growth rate and money growth changes from negative to positive when the elasticity of the CIA constraint with respect to status exceeds one.

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