Showing 1 - 10 of 18
We present a model of endogenous firm growth with R&D investment and stochastic innovation as the engines of growth. The model for firm growth is a partial equilibrium model drawing on the quality ladder models in the macro growth literature, but also on the literature on patent races and the...
Persistent link: https://www.econbiz.de/10011537583
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The UK taxes business income at much lower rates than employment income. In this paper we describe the problems caused by that differentiation and assess the main arguments used to defend it. We summarise the Mirrlees Review's proposals for radical reform that would align tax rates across legal...
Persistent link: https://www.econbiz.de/10012135923
differences between regulated occupations and unregulated occupations in East Germany with the corresponding differences in West … Germany after reunification. Consistent with our expectations, we find that entry regulation reduces entry into self …-employment and occupational mobility after reunification more in regulated occupations in East Germany than in West Germany. Our …
Persistent link: https://www.econbiz.de/10003871307
We examine the impact of a large high-school financial education program on the intertemporal choices of adolescents. We randomly assigned the program among a sample of almost 1,000 students and measured their intertemporal choices using an incentivized experiment. While intertemporal choices in...
Persistent link: https://www.econbiz.de/10010382723
detailed administrative data for Germany for numerous birth cohorts across different regions, we follow workers from labour …
Persistent link: https://www.econbiz.de/10009787956
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This paper presents a life cycle model for the demand for health, and derives empirical specifications that distinguish between permanent and transitory wage responses. Using panel data, we estimate dynamic health and health input demand equations. We find evidence of negative transitory wage...
Persistent link: https://www.econbiz.de/10011537676
compared for domestic and international investment in Germany, Japan, the UK and USA between 1979 and 1997. …
Persistent link: https://www.econbiz.de/10011538078
The demand for certain types of health care services depends on decisions of both the individual and the health care provider. This paper studies the conditions under which it is possible to separately identify the parameters driving the two decision processes using only count data on the total...
Persistent link: https://www.econbiz.de/10011538121