On the Effects of Redistribution on Growth and Entrepreneurial Risk–Taking

Research output: Working paperWorking papers

Standard

On the Effects of Redistribution on Growth and Entrepreneurial Risk–Taking. / Clemens, Christiane; Heinemann, Maik.
Lüneburg: Institut für Volkswirtschaftslehre der Universität Lüneburg, 2005. (Working paper series in economics; No. 6).

Research output: Working paperWorking papers

Harvard

Clemens, C & Heinemann, M 2005 'On the Effects of Redistribution on Growth and Entrepreneurial Risk–Taking' Working paper series in economics, no. 6, Institut für Volkswirtschaftslehre der Universität Lüneburg, Lüneburg.

APA

Clemens, C., & Heinemann, M. (2005). On the Effects of Redistribution on Growth and Entrepreneurial Risk–Taking. (Working paper series in economics; No. 6). Institut für Volkswirtschaftslehre der Universität Lüneburg.

Vancouver

Clemens C, Heinemann M. On the Effects of Redistribution on Growth and Entrepreneurial Risk–Taking. Lüneburg: Institut für Volkswirtschaftslehre der Universität Lüneburg. 2005 Mar 17. (Working paper series in economics; 6).

Bibtex

@techreport{0d1bb5c3285c4cffa65c0168e4355289,
title = "On the Effects of Redistribution on Growth and Entrepreneurial Risk–Taking",
abstract = "This paper investigates the redistributive effects of taxation on occupa-tional choice and growth. We discuss a two–sector economy in the spiritof Romer (1990). Agents engage in one of two alternative occupations:either self–employment in an intermediate goods sector characterized bymonopolistic competition, or employment as an ordinary worker in thissector. Entrepreneurial profits are stochastic. The occupational choice un-der risk endogenizes the number of firms in the intermediate goods indus-try. While the presence of entrepreneurial risk results in a suboptimallylow number of firms and depresses growth, non–linear tax schemes arepartly capable of compensating the negative by effects by ex post provid-ing a social insurance.",
keywords = "Economics, OLG, Endogenous growth, entrepreneurship, occupational choice, redistributive taxation",
author = "Christiane Clemens and Maik Heinemann",
note = "Literaturverz. S. 19 - 22",
year = "2005",
month = mar,
day = "17",
language = "English",
series = "Working paper series in economics",
publisher = "Institut f{\"u}r Volkswirtschaftslehre der Universit{\"a}t L{\"u}neburg",
number = "6",
type = "WorkingPaper",
institution = "Institut f{\"u}r Volkswirtschaftslehre der Universit{\"a}t L{\"u}neburg",

}

RIS

TY - UNPB

T1 - On the Effects of Redistribution on Growth and Entrepreneurial Risk–Taking

AU - Clemens, Christiane

AU - Heinemann, Maik

N1 - Literaturverz. S. 19 - 22

PY - 2005/3/17

Y1 - 2005/3/17

N2 - This paper investigates the redistributive effects of taxation on occupa-tional choice and growth. We discuss a two–sector economy in the spiritof Romer (1990). Agents engage in one of two alternative occupations:either self–employment in an intermediate goods sector characterized bymonopolistic competition, or employment as an ordinary worker in thissector. Entrepreneurial profits are stochastic. The occupational choice un-der risk endogenizes the number of firms in the intermediate goods indus-try. While the presence of entrepreneurial risk results in a suboptimallylow number of firms and depresses growth, non–linear tax schemes arepartly capable of compensating the negative by effects by ex post provid-ing a social insurance.

AB - This paper investigates the redistributive effects of taxation on occupa-tional choice and growth. We discuss a two–sector economy in the spiritof Romer (1990). Agents engage in one of two alternative occupations:either self–employment in an intermediate goods sector characterized bymonopolistic competition, or employment as an ordinary worker in thissector. Entrepreneurial profits are stochastic. The occupational choice un-der risk endogenizes the number of firms in the intermediate goods indus-try. While the presence of entrepreneurial risk results in a suboptimallylow number of firms and depresses growth, non–linear tax schemes arepartly capable of compensating the negative by effects by ex post provid-ing a social insurance.

KW - Economics

KW - OLG

KW - Endogenous growth

KW - entrepreneurship

KW - occupational choice

KW - redistributive taxation

M3 - Working papers

T3 - Working paper series in economics

BT - On the Effects of Redistribution on Growth and Entrepreneurial Risk–Taking

PB - Institut für Volkswirtschaftslehre der Universität Lüneburg

CY - Lüneburg

ER -

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