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Essays on the contribution of public infrastructure to private production and its political economy
Stephan, Andreas - 2001
zwischen Infrastruktur und privater Produktivität. Das zweite Thema sind die Determinanten regionaler … Infrastruktur zur privaten Produktivität, untersuchen die Aufsätze drei bis fünf neben den Produktivitätseffekten auch die … between infrastructure and private productivity. The second subject is the determinants of regional infrastructure investment …
Persistent link: https://www.econbiz.de/10009467016
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Regional Clusters as Drivers of Foreign Direct Investment and Relocation of Production to Central and Eastern Europe
Zschiedrich, Harald; Gajda, Agata - 2006
und Niveau der Infrastruktur keineswegs generell an Bedeutung verloren haben, spielt heute die Existenz vorhandener … determinants of FDI as market size, wage differences, high developed infrastructure and natural resources remain relevant, FDI …
Persistent link: https://www.econbiz.de/10009456202
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Beitr?ge zur Unterst?tzung von IT-Sourcing-Entscheidungen
Gull, Daniel - 2010
?r verschiedene Themen aus den Bereichen Infrastruktur und Applikationen vorgestellt. Nach einer kurzen Einf?hrung befasst sich der … fields of infrastructure and applications are presented. After a brief introduction, the first contribution deals with …
Persistent link: https://www.econbiz.de/10009482294
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Money and Growth in a Production Economy with Multiple Assets
Kaas, Leo; Weinrich, Gerd - 2003
We consider a Diamond-type model of endogenous growth in which there are three assets: fiat money, government bonds, and equity. Because of productivity shocks, the equity return is uncertain, and risk-averse investors require a positive equity premium. Typically, there exist two steady states,...
Persistent link: https://www.econbiz.de/10009471679
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Unemployment, Factor Substitution and Capital Formation
Kaas, Leo; Thadden, Leopold von - 2003
We incorporate a wage-bargaining structure in a dynamic general equilibrium model and show how this feature changes short- and long-run properties of equilibria compared with a perfectly competitive setting.We discuss how employment, capital and income shares respond to wage-setting shocks and...
Persistent link: https://www.econbiz.de/10009471681
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Productive government spending, growth, and sequential voting
Kaas, Leo - 2003
This paper considers an endogenous growth model with productive government spending in which overlapping generations of agents vote sequentially on policy. With sequential majority voting, there is a multiplicity of politico-economic equilibria originating from self-fulfilling policy...
Persistent link: https://www.econbiz.de/10009471682
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Intergenerational Discounting: A new Approach
Bayer, Stefan; Cansier, Dieter - 1998
In this paper, we analyze how to utilize discount rates in intergenerational projects. Firstly, neoclassical decision-making is depicted in Ramsey and overlapping-generations models (OLG-models). Afterwards we investigate the utilization of time preference rates and opportunity cost rates in an...
Persistent link: https://www.econbiz.de/10009475344
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Financial Markets, Financial Intermediation, and Bailout Policy
Vinogradov, Dmitri V. - 2006
The 1980s and 1990s have been marked with a series of financial and banking crises all over the world. This turned the attention of economists to such questions as how a financial system should be structured in order to reduce the vulnerability of an economy to the risk of a crisis, or what...
Persistent link: https://www.econbiz.de/10009476251
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Pollution perception. An inquiry into intergenerational equity
Schuhmacher, Ingmar; Zou, Benteng - 2005
In this article we extend the recent literature on overlapping generations with a pollution sector by allowing generations to have a certain pollution perception with regards to the stock of pollution. Pollution perception, assumed to be part of the generations' preferences, can be either a...
Persistent link: https://www.econbiz.de/10009452479
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14.452 Economic Growth, Fall 2008
Acemoglu, Daron - 2008
Description This half semester class presents an introduction to macroeconomic modeling, focusing on the theory of economic growth …
Persistent link: https://www.econbiz.de/10009432111