Search Results - "Heer, Burkhard"

Population, pensions, and endogenous economic growth by Heer, Burkhard, Irmen, Andreas

“…We study the effect of a declining labor force on the incentives to engage in labor-saving technical change and ask how this effect is influenced by…”
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Public economics: the macroeconomic perspective / Burkhard Heer by Heer, Burkhard

“…Today, the most pressing challenges for public economics are of macroeconomic nature: pensions, debt, income distribution, and fiscal sustainability. All these…”
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Endogenous longevity and optimal tax progressivity by Heer, Burkhard, Rohrbacher, Stefan

“…We study the impact of endogenous longevity on optimal tax progressivity and inequality in an overlapping generations model with skill heterogeneity. Higher…”
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Age-specific entrepreneurship and PAYG: Public pensions in Germany by Heer, Burkhard, Trede, Mark

“…We present new empirical evidence on the distribution of earnings, income and wealth among entrepreneurs in Germany. We document that both earnings and income…”
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The age-specific burdens of short-run fluctuations in government spending by Heer, Burkhard, Scharrer, Christian

“…We study the impact of government spending shocks on the distribution of income and wealth between cohorts and the associated welfare effects in a dynamic…”
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Efficiency and distribution effects of a revenue-neutral income tax reform by Heer, Burkhard, Trede, Mark

“…We study the quantitative effects of two revenue-neutral income tax reform proposals, (i) a flat-rate tax and (ii) a consumption tax, in a general equilibrium…”
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Population aging, social security and fiscal limits by Heer, Burkhard, Polito, Vito, Wickens, Michael R.

“…We use an overlapping generations (OLG) life-cycle model with distortionary taxation on labor and capital to derive a threshold dependency ratio, i.e. a point…”
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Explaining the decline in the US labor share: taxation and automation by Heer, Burkhard, Irmen, Andreas, Süssmuth, Bernd

“…This study provides evidence for the USA that the secular decline in the labor share is not only explained by technical change or globalization, but also by…”
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Unemployment and debt dynamics in a highly indebted small open economy by Heer, Burkhard, Schubert, Stefan Franz

“…The paper analyzes the dynamic effects of a total factor productivity shock and an interest rate risk premium shock in a highly indebted open economy. In…”
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Tax bracket creep and its effects on income distribution by Heer, Burkhard, Süssmuth, Bernd

“…•Quantification of relationship between inflation and income inequality.•Focus is on bracket creep (BC), i.e. automatic increase in taxation due to…”
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Cyclical asset returns in the consumption and investment goods sector by Heer, Burkhard, Maußner, Alfred, Süssmuth, Bernd

“…We document the empirical fact that asset prices in the consumption-goods and investment-goods sector behave almost identically in the U.S. economy. In order…”
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Q-Targeting in New Keynesian Models by Heer, Burkhard, Maußner, Alfred, Ruf, Halvor

“…We consider optimal monetary policy in a model that integrates credit frictions in the standard New Keynesian model with sticky prices and wages as well as…”
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The effect of option trading at the DTB on the underlying stocks' return variance by Heer, Burkhard, Trede, Mark, Wahrenburg, Mark

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Should Unemployment Benefits Be Related to Previous Earnings? by Heer, Burkhard

“…In most OECD countries, unemployment benefits are tied to individual previous labor earnings. We study the progressivity of this indexation in a calibrated…”
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Log-normal approximation of the equity premium in the production model by Heer, Burkhard, Maußner, Alfred

“…The conditional equity premium in the model with production is often approximated by assuming a jointly log-normal distribution of the marginal rate of…”
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Effects of inflation on wealth distribution: Do stock market participation fees and capital income taxation matter? by Heer, Burkhard, Süssmuth, Bernd

“…The effects of a permanent change in inflation on the distribution of wealth are analyzed in a general equilibrium OLG model that is calibrated with regard to…”
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Computation of businesscycle models with the Generalized Schur method by Heer, Burkhard, Mauner, Alfred

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Education Briefing: Computation of business-cycle models with the Generalized Schur method by Heer, Burkhard, Maußner, Alfred

“…Modern business cycle theory uses stochastic dynamic general equilibrium models in order to explain and forecast the behavior of economic variables such as…”
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The savings-inflation puzzle by Heer, Burkhard, Süssmuth, Bernd

“…We find that inflation does not unanimously decrease savings in the US during the postwar period. This result is puzzling as it contradicts the implications of…”
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Welfare costs of inflation in a dynamic economy with search unemployment by Heer, Burkhard

“…We present a monetary general equilibrium model with labor market frictions in the form of search unemployment which is calibrated for the US economy…”
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