Browsing Working Papers by Subject "O40"

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Browsing Working Papers by Subject "O40"

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    Title: Optimal Taxation and Constrained Inefficiency in an Infinite-Horizon Economy with Incomplete Markets  Author(s): GOTTARDI, Piero; KAJII, Atsushi; NAKAJIMA, Tomoyuki Date: 2011-01-01 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: We study the dynamic Ramsey problem of finding optimal public debt and linear taxes on capital and labor income within a tractable infinite horizon model with incomplete markets. With zero public expenditure and debt, it ...
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    Title: International Trade and Growth: The Impact of Selection and Imitation  Author(s): STÖLTING, Sarah Date: 2009 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: This paper develops an endogenous growth model with heterogeneous firms to analyze the impact of intra-industry trade on productivity growth. Growth is generated by selection, and sustained by entrants imitating successful ...
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    Title: Product and Process Innovation in a Growth Model of Firm Selection  Author(s): BENEDETTI FASIL, Cristiana Date: 2009 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: Recent empirical evidence based on firm level data emphasizes firm heterogeneity in innovation activities and the different effects of process and product innovations on the productivity level and productivity growth. To ...
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    Title: Sustainable Social Spending and Stagnant Public Services: Baumol’s Cost Disease Revisited  Author(s): VAN DER PLOEG, Frederick Date: 2007 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: If demand for human services is inelastic or manufactured goods are necessities, labour shifts from manufacturing to services and the budget share of services rises. Higher productivity growth in the market sector pushes ...
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    Title: Employment Protection, Firm Selection, and Growth  Author(s): POSCHKE, Markus Date: 2006 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: This paper analyzes the effect of firing costs on aggregate productivity growth. For this purpose, a model of endogenous growth through selection and imitation is developed. It is consistent with recent evidence on firm ...