Study Guide (only for Master)
The chair provides lectures and a seminar at master level
- Macroeconomics: Economic Growth
The lecture is concerned with the development of the economy over time, in particular with economic growth. In a first step the lecture considers how dynamic issues are dealt with in the context of traditional macroeconomics. We then go on and develop a dynamic model in which households, firms, and the government form expectations about future conditions and take account of future implications of current decisions. This model is varied to see implications of uncertainty and overlapping generations. Finally we discuss the sources and limits of economic growth. Lecture notes and reading lists are provided in the course.
- Taxation and Labor Supply
The course is concerned with the effects of taxation and welfare programs on the labor supply of private households from a theoretical as well as an empirical perspective. The lecture covers implications for the supply of hours, participation decisions, and tax evasion. Various details of the tax system are considered including progressive income taxes and allowances, consumption taxes, and also welfare aid. Key contributions and controversies are reviewed and also recent approaches to empirical testing and identifying tax effects in the data are discussed. Lecture notes and reading lists are provided in the course.
Taxation of Capital Income
This course is concerned with the effects of various forms of capital income taxation on decisions of companies. Building on a consistent theoretical model of the firm, we discuss the implications of relevant taxes at the level of the firm and at the level of shareholder for financing and investment decisions. Each of the theoretical predictions is contrasted with the empirical evidence provided in the literature. While the main part of the lecture deals with an intertemporal model of firm decisions, the last part discusses how tax effects change under conditions of capital mobility. Lecture notes and reading lists are provided in the course.
- Seminar in Public Economics
Every semester (joint with J.Rincke and M.Wrede)
Please find further study guidelines here (in German)