Showing 1 - 10 of 2,125
in 1992. To examine the dynamics of the growth and subsequent reduction in government spending, we present a dynamic … GDP - but eventually diverge from output due to the growth of the welfare state. After government expenditures become … large, we identify an endogenous threshold on the economy's growth path where it is optimal for politicians to shrink the …
Persistent link: https://www.econbiz.de/10011566079
In high-tech industries, one important method of diffusion is through employee mobility: many of the entering firms are started by employees from incumbent firms using some of their former employers' technological know-how. This paper explores the effect of incorporating this mechanism in a...
Persistent link: https://www.econbiz.de/10011568912
Persistent link: https://www.econbiz.de/10010201976
Persistent link: https://www.econbiz.de/10003485731
Persistent link: https://www.econbiz.de/10003387277
Persistent link: https://www.econbiz.de/10009787088
Persistent link: https://www.econbiz.de/10002972188
Persistent link: https://www.econbiz.de/10001250592
Persistent link: https://www.econbiz.de/10011906688
We analyze housing taxation from a political economy perspective. Our aim is to understand why the US tax system favors owner housing with respect to business capital despite the efficiency losses involved. The starting point of our analysis is the observation that housing wealth is much more...
Persistent link: https://www.econbiz.de/10010285166