Zobrazeno 1 - 10
of 41
pro vyhledávání: '"Thomas M. Steger"'
Publikováno v:
Grossmann, V, Schaefer, A, Steger, T & Fuchs, B 2017, ' Reversal of migration flows : A fresh look at the German reunification ', Journal of International Economics, vol. 109, pp. 1-15 . https://doi.org/10.1016/j.jinteco.2017.05.006
We investigate the dynamic effects of interregional labor market integration on migration flows, capital formation, and the price for housing services. The co-evolution of these variables depends on initial conditions at the time of labor market inte
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::260160577e28ab8f8e3a47bbaea4ab25
https://doi.org/10.1016/j.jinteco.2017.05.006
https://doi.org/10.1016/j.jinteco.2017.05.006
Publikováno v:
Journal of Public Economic Theory. 18:451-485
We determine the optimal growth policy within a comprehensive endogenous growth model. The model accounts for important elements of the tax transfer system and for transitional dynamics. It captures the three main growth engines based on standard ing
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::208252b0e47b35d9c35b3cfd8ef2e272
https://doi.org/10.1111/jpet.12151
https://doi.org/10.1111/jpet.12151
Publikováno v:
Journal of Public Economics. 132:79-94
The paper revisits the debate on trickle-down growth in view of the widely discussed changes in the distribution of earnings and income that followed a massive expansion of higher education. We propose a dynamic general equilibrium model to dynamical
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::c431726e554f40ff75f33c6976fd3181
https://doi.org/10.1016/j.jpubeco.2015.09.011
https://doi.org/10.1016/j.jpubeco.2015.09.011
Autor:
Andreas Schäfer, Thomas M. Steger
Publikováno v:
Review of International Economics. 22:783-807
What are the dynamic consequences of comprehensive integration shocks? The answer to this question appears all but trivial. We set up a dynamic macroeconomic model of a small open economy where both capital and labor are mobile and there are increasi
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::e80de1794b3e499f5335400d9efd778a
https://doi.org/10.1111/roie.12128
https://doi.org/10.1111/roie.12128
Autor:
Thomas M. Steger, Moritz Schularick
Publikováno v:
Review of Economics and Statistics. 92:756-768
Does international financial integration boost economic growth? The empirical literature has not yet established a robust link between openness to the international capital market and economic growth. In this paper, we turn to the economic history of
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::26718128f280740ea879dfdeb8300e6c
https://doi.org/10.1162/rest_a_00027
https://doi.org/10.1162/rest_a_00027
Comment on 'Looking back, looking ahead: Biased technological change, substitution and the wage gap'
Autor:
Thomas M. Steger
Publikováno v:
Journal of Macroeconomics. 30:714-717
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::72d3910d41046e99ccdfc68967008c98
https://doi.org/10.1016/j.jmacro.2007.09.003
https://doi.org/10.1016/j.jmacro.2007.09.003
Autor:
Thomas M. Steger
Publikováno v:
Macroeconomic Dynamics. 11:128-148
This paper sets up a two-sector growth model with sectoral hysteresis because of intersectoral factor reallocation costs. The main results are: (i) The economy under study exhibits nonergodic growth implying path-dependency (history matters) and perm
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::0bdcd460c4c669c3094baf0f0a7574db
https://doi.org/10.1017/s1365100507050316
https://doi.org/10.1017/s1365100507050316
Autor:
Thomas M. Steger
Publikováno v:
German Economic Review. 7:317-337
The speed at which an economy converges to its steady state is investigated by using a general non-scale R&D-based growth model. To accomplish this task, an analytical decomposition formula for the instantaneous rate of convergence is developed. By a
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::5dcbc834e856a8c2d781e6ecb9a7150b
https://doi.org/10.1111/j.1468-0475.2006.00158.x
https://doi.org/10.1111/j.1468-0475.2006.00158.x
Autor:
Thomas M. Steger
Publikováno v:
The Scandinavian Journal of Economics. 107:737-757
Non-scale R&D-based growth models imply that the decentral and the socially optimal long-run growth rate coincide. Nonetheless, the distortions inherent in a market economy bias both the R&D investment share and the saving rate. As a result, the leve
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::d6234ca137a71fbe4e6f4df3f5b592bf
https://doi.org/10.1111/j.1467-9442.2005.00426.x
https://doi.org/10.1111/j.1467-9442.2005.00426.x
Autor:
Thomas M. Steger
Publikováno v:
Economics Letters. 86:311-316
The expected growth rate of a stochastic Ak-economy under Poisson uncertainty is derived. The differences and similarities of economic growth under Wiener and Poisson uncertainty are discussed. To understand the uncertainty-growth nexus, the (implici
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::891342f2435ac79b8f0a68502012a72b
https://doi.org/10.1016/j.econlet.2004.06.022
https://doi.org/10.1016/j.econlet.2004.06.022