We study an overlapping generations model of human capital accumulation with threshold effects using regional data for West Germany. Our basic goal is to shed light on the growth of West German regions. The paper finds that the relative income distribution appears to be stratifying into a...

The paper bases itself on recent theoretical writings in growth economics that empha-size the effects of both own R&D efforts and of interregional technology spillovers on regions´ productivity. We propose robust estimation techniques to evaluate the R&D spillovers across West German functional...

Im Folgenden wird zunächst die doppelte Funktion des Wohneigentums als Alters- und Generationenvorsorge analysiert, um die Potentiale des Wohneigentums im Hinblick auf einen Beitrag zur Lösung des "demographischen Problems" aufzuzeigen. Anschließend erfolgt die Vorstellung der Freiburger...

During the next decades the populations of most developed countries will grow older as a result of the low level of birth rates since the 1970s and/or the continuously increasing life expectancy. We show within a Generational Accounting framework how unsustainable the public finances of France,...