We examine the efficiency properties of labor taxation. A spatial model of an economy is introduced whose key feature is a new approach to restricted labor mobility. We characterize the efficient allocation of labor and properties of a decentralized equilibrium. An efficient allocation of labor...

The goal of this paper is to examine the shape of the Laffer curve quantitatively in a simple neoclassical growth model calibrated to the US as well as to the EU-15 economy. We show that the US and the EU-15 area are located on the left side of their labor and capital tax Laffer curves, but the...

We formulate a model that explicitly separates two functions in the innovation process: The introduction of new goods and the quality improvement of existing goods. While the latter is performed by the corporate R&D sector, the first is performed by entrepreneurs. We show that in a three sector...

In the following we propose a growth model for an economy consisting of firms which are heterogeneous in technologies and input demands. We show that the growth rate in this economy depends not only on changes in the aggregate level of capital and labor, but also on changes in the allocation of...

The paper provides a historical overview of the pre-modern allocation of work within the territory of the later Germany from the 18th until the middle of the 19th century. We explore how the social allocation of work during the feudal system took place and trace back the development of wage...

Gustav Herrmann (* 1836 Halle, † 1907 Aachen) war von 1870 bis 1906 Ordentlicher Professor für Mechanische Technologie und Fabrikanlagen an der Königlichen Rheinisch-Westfälischen Polytechnischen Schule (seit 1880 Königlichen Technischen Hochschule) zu Aachen, und von 1889 bis 1892 Rektor...

Im abgelaufenen Jahr registrierte das WSI 225 Arbeitskämpfe. In deren Verlauf gab es mehrere tausend Arbeitsniederlegungen mit insgesamt 930.000 Streikenden. Rechnerisch fielen dadurch 674.000 Arbeitstage aus. Damit hat sich das Arbeitskampfgeschehen in Deutschland auf einem im Vergleich der...

Die rasant gestiegenen Verbraucherpreise belasten Beschäftigte mit niedrigen Einkommen in besonderem Maße. Deswegen ist es derzeit eine vordringliche Aufgabe der Lohnpolitik, die Kaufkraft der Mindestlöhne zu sichern. Wie der diesjährige WSI-Mindestlohnbericht zeigt, ist dies trotz einer...