This paper questions the three standard propositions used by politico-economic models of growth and distribution according to which (1) rising inequality induces more government redistribution; (2) more government redistribution is financed by higher distortionary taxation; and (3) higher...

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...

Nach der Öffnung der Mauer im Jahr 1989 setzten massive Wanderungen aus der ehemaligen DDR nach Westdeutschland ein. Zur Beurteilung der ökonomischen Konsequenzen solcher vereinigungsbedingter Arbeitsmobilität wird zunächst ein Referenzmodell entwickelt, das später durch Variationen der...