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Grossmann, Volker (contributor); Poutvaara, Panu (contributor) - 2006

Altruistic parents may transfer resources to their offspring by providing education, and by leaving bequests. We show that in the presence of wage taxation, a small bequest tax may improve efficiency in an overlapping-generations framework with only intended bequests, by enhancing incentives of...

Persistent link: https://www.econbiz.de/10003465882

Quantifying optimal growth policy

Grossmann, Volker; Steger, Thomas M.; Trimborn, Timo - 2010

The optimal mix of growth policies is derived within a comprehensive endogenous growth model. The analysis captures important elements of the tax-transfer system and takes into account transitional dynamics. Currently, for calculating corporate taxable income US firms are allowed to deduct...

Persistent link: https://www.econbiz.de/10003976826

Quantifying optimal growth policy

Grossmann, Volker; Steger, Thomas M.; Trimborn, Timo - 2010

The optimal mix of growth policies is determined within a comprehensive endogenous growth model. The analysis captures important elements of the tax-transfer system and accounts for transitional dynamics. Currently, for calculating corporate taxable income US firms are allowed to deduct...

Persistent link: https://www.econbiz.de/10003977338

Dynamically optimal R&D subsidization

Grossmann, Volker; Steger, Thomas M.; Trimborn, Timo - 2010

Previous research on optimal R&D subsidies has focussed on the long run. This paper characterizes the optimal time path of R&D subsidization in a semi-endogenous growth model, by exploiting a recently developed numerical method. Starting from the steady state under current R&D subsidization in...

Persistent link: https://www.econbiz.de/10003998059

Entrepreneurial innovation and sustained long-run growth without weak or strong scale effects

Grossmann, Volker (contributor) - 2008

R&D-based growth theory suggests that a larger population size raises either the long-run rate of economic growth … heterogeneous agents and entrepreneurial innovations in which any form of scale effect is absent. A higher population growth rate … also in absence of population growth and generally is policy-dependent. -- Economic growth ; endogenous technical change …

Persistent link: https://www.econbiz.de/10003666469

Growth, development, and technological change

Grossmann, Volker (contributor); … - 2007

Persistent link: https://www.econbiz.de/10003495699

Anti-competitive conduct, in-house R&D, and growth

Grossmann, Volker (contributor); … - 2007

Persistent link: https://www.econbiz.de/10003496814

Growth, development, and technological change

Grossmann, Volker (contributor); … - 2007

The theory of endogenous technical change has deeply contributed to our understanding of the fundamental sources of economic growth and development. In this chapter we survey important contributions in the field by focussing on the basic structure of endogenous growth models with horizontal as...

Persistent link: https://www.econbiz.de/10003527555

International capital market integration, educational choice and economic growth

Egger, Hartmut; Egger, Peter; Falkinger, Josef; … - 2005

This paper examines the impact of capital market integration (CMI) on higher education and economic growth. We take into account that participation in higher education is noncompulsory and depends on individual choice. Integration increases (decreases) the incentives to participate in higher...

Persistent link: https://www.econbiz.de/10003299332

Structural change, urban congestion, and the end of growth

Grossmann, Volker - 2011

This paper develops a two-sector R&D-based growth model with congestion effects from increasing urban population …

Persistent link: https://www.econbiz.de/10009375255