This paper analyzes the growth and employment effects of dynamic fiscal policies in an overlapping generations model with endogenous growth and imperfect labour markets. With balanced-budget policies, the modelled closed economy grows at a constant rate which is the higher, the lower are the...

This paper compares public health care with private health insurance in an overlapping generations endogenous growth model. It is shown that economic growth is higher when there is a private health insurance.

Die zentrale Frage dieser Studie lautet, inwiefern die Wanderung hochqualifizierter Arbeitskräfte in Europa negative Wirkungen für die Zurückgebliebenen entfaltet. Während im Hinblick auf die langfristigen Wirkungen des sogenannten Brain Drains im Falle von Entwicklungsländern die...