Working papers SES

Working papers SES
La collection des Working Papers SES est une série de cahiers de recherche présentant les différents travaux menés au sein de la Faculté des sciences économiques et sociales de l'Université de Fribourg (Suisse). Cette collection existe depuis 1980 et les thèmes abordés reflètent les différentes orientations scientifiques des membres de la Faculté: économie politique, gestion d'entreprise, informatique de gestion, méthodes quantitatives, sciences sociales et sciences des médias et de la communication. Le contenu de ces travaux n'engage que la responsabilité de leurs auteurs.
Université de Fribourg

Reversal of migration flows : a fresh look at the German reunification

Schäfer, Andreas ; Steger, Thomas M. ; Fuchs, Benjamin ; Grossmann, Volker

(Working Papers SES ; 474)

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 integration. In an initially capital-poor economy, there may be a reversal of migration flows during the transition to the steady state, while housing...

Université de Fribourg

Does Public Education Expansion Lead to Trickle-Down Growth?

Böhm, Sebastian ; Grossmann, Volker ; Steger, Thomas M.

(Working Papers SES ; 452)

The paper revisits the debate on trickle-down growth in view of the widely discussed evolution of the earnings and income distribution that followed a massive expansion of higher education. We propose a dynamic general equilibrium model to dynamically evaluate whether economic growth triggered by an increase in public education expenditure on behalf of those with high learning ability eventually...

Université de Fribourg

Migration, Capital Formation, and House Prices

Grossmann, Volker ; Schäfer, Andreas ; Steger, Thomas M.

(Working Papers SES ; 441)

We investigate the effects of interregional labor market integration in a two-sector, overlapping-generations model with land-intensive production in the non-tradable goods sector (housing). To capture the response to migration on housing supply, capital formation is endogenous, assuming that firms face capital adjustment costs. Our analysis highlights heterogeneous welfare effects of labor...

Université de Fribourg

Quantifying Optimal Growth Policy

Grossmann, Volker ; Steger, Thomas M. ; Trimborn, Timo

(Working Papers SES ; 414)

The optimal mix of growth policies is determined within a comprehensive endogenous growth model. The analysis captures important elements of the tax-transfer system and accounts for transitional dynamics. Currently, for calculating corporate taxable income US firms are allowed to deduct approximately all oft heircapital and R&D costs from sales revenue. Our analysis suggests that this policy...