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Contest for attention in a quality-ladder model of endogenous growth

Grossmann, Volker - 2003

unambiguously fosters innovation activity of firms, and possibly, leads to faster growth. This result rests on two premises which …

Persistent link: https://www.econbiz.de/10011509334

How to promote R&D-based growth? : public education expenditure on scientists and engineers versus R&D subsidies

Grossmann, Volker - 2004

evaluates the positive and normative implications of R&D subsidies and compares them with the effects of public education policy … engineering (S&E) skills, where individuals endogenously choose the type of education, and allows for heterogeneity in individual … publicly provided education targeted to S&E skills. Finally, the optimal structure of public education spending on different …

Persistent link: https://www.econbiz.de/10011449704

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

Do employers discriminate less if vacancies are difficult to fill? : evidence from a field experiment

Baert, Stijn; Cockx, Bart; Gheyle, Niels; Vandamme, Cora - 2013

We empirically test the relationship between hiring discrimination and labour market tightness at the level of the occupation. To this end, we conduct a correspondence test in the youth labour market. In line with theoretical expectations, we find that, compared to natives, candidates with a...

Persistent link: https://www.econbiz.de/10009700309

Growth, development, and technological change

Grossmann, Volker (contributor); … - 2007

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

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 density. We show that endogenous technological progress causes structural change if there are positive productivity spillovers from the modern to the traditional sector and Engel's...

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

Das House-Kapital : a theory of wealth-to-income ratios

Grossmann, Volker; Steger, Thomas - 2016 - April 11, 2016 (Version 1.1)

This paper provides a novel macroeconomic model that is specifically designed to investigate the evolution of housing wealth. To capture the importance of land as an input factor for housing production and for the evolution of wealth in a growing economy, the analysis builds on three premises:...

Persistent link: https://www.econbiz.de/10011451042

Distributional effects of surging housing costs under Schwabe's law

Grossmann, Volker; Larin, Benjamin; Löfflad, Hans Torben; … - 2019

The upward sloping trend of rents and house prices has initiated a debate on the consequences of surging housing costs for wealth inequality and welfare. We employ a frictionless two-sectoral macroeconomic model with a housing sector to investigate the dynamics of wealth inequality and the...

Persistent link: https://www.econbiz.de/10012026424

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

Grossmann, Volker (contributor); … - 2007

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