This paper introduces wealth-dependent time preference into a simplemodel of endogenous growth. The model generates adjustment dynamics in linewith the historical facts on savings and economic growth in Europe from the HighMiddle Ages to today. Along a virtuous cycle of development more wealth...

The paper contributes to the literature on the relation between structural changes indemand and supply and growth. We develop a macro{economic model with agent{basedmicro{foundations that articulates the links between production and organisational structureson the supply side, and the endogenous...

This paper analyses a model of overlapping generations in which agents who do notparticipate in the labor market are unable to borrow. Thus an increase in a fullyfunded pension raises aggregate savings even with a fixed participation rate, sinceprivate savings are not crowded out one-for-one....

The aim of this paper is to account for both the short-run uctuations and thevery-long run transformations induced by technological change in analysing long-rungrowth patterns. The paper investigates the possible imprint left by short-run uctuationson the long run dynamics by aecting the...

This paper introduces a democratic voting process into an OLG economyin order to analyze the effects of a rising old-age dependency ratio on the composition ofgovernment spending and endogenous economic growth. Forward-looking agents vote eachperiod on the public policy mix between productive...

Bei der Auslagerung staatlicher Tätigkeiten auf private Partner kommt es für den Bereich per-sonalintensiver Dienstleistungen durch die anfallende deutsche Umsatzsteuer zu einer zusätz-lichen Kostenbelastung, die die Hoheitsträger bisher oft vom Outsourcing abhält.Für den Bereich der...

Das vorliegende Working Paper beinhaltet Vortragsmanuskripte zu drei Dissertationsprojekten,die in den Jahren 2002 und 2003 am Lehrstuhl erfolgreich abgeschlossen wurden. Eshandelt sich dabei um die Arbeit von Dr. Klinke zum Finanzcontrolling in mittelständischenBauunternehmen mit integrierten...

Bei Public Private Partnerships (PPP) spielt der Wirtschaftlichkeitsvergleich eine entscheidendeRolle. Er dient zur Ermittlung von Effizienzvorteilen und Einsparungen einerRealisierungsvariante (öffentlicher Eigenbau oder privatwirtschaftlich) und als Argumentationsgrundlagesowie Rechtfertigung...

This paper explores the procurement of public buildings in local authorities in the UK under the Private Finance Initiative (PFI) and its consequences for small and medium sized enterprises. Following an outline of the development of PFI in the UK, the paper explains the peculiarities of local...

We analyze the rise and decline of the steel and mining industries in the regionsof Saarland, Lorraine und Luxemburg over a long period, from the mid-19th century to 2003.Our main focus in on the period of structural decline in these industries after the secondworld war. Dierences in the...