Publications in Peer-Reviewed Academic Journals - Volker Grossmann

Das House Kapital: A Long Run Theory of House Prices and Housing Wealth (with Thomas Steger and Benjamin Larin), Journal of the European Economic Association, forthcoming. Link

Fair Pension Policies with Occupation-Specific Ageing (with Johannes Schünemann and Holger Strulik), The Economic Journal, forthcoming. Link

The Economics of Aging with Infectious and Chronic Diseases (with Holger Strulik), Economics & Human Biology 52, 101319, 2024. Link

How Does Immigration Affect Housing Costs in Switzerland? (with Fabienne Helfer and Aderonke Osikominu), Swiss Journal of Economics and Statistics 159, Article 5, 2023.   Link

Distributional Consequences of Surging Housing Rents (with Benjamin Larin, Hans-Torben Löfflad, Thomas Steger), Journal of the Economic Theory 196, 105275, 2021. Link

How Immigration Affects Investment and Productivity in Host and Home Countries, IZA World of Labor 2021 (292), [Updated version of 2016 article]. Link 

Illicit Drugs and the Decline of the Middle Class (with Holger Strulik), Journal of the Economic Behavior & Organization 183, 718-743, 2021. Link

The Patent Buyout Price for Human Papilloma Virus (HPV) Vaccine and the Ratio of R&D Costs to the Patent Value (with Mario Songane), PLoS ONE 16 (1), e0244722, 2021.Link

R&D-Driven Medical Progress, Health Care Costs, and the Future of Human Longevity (with Sebastian Böhm and Holger Strulik), Journal of the Economics of Ageing, 18, 100286, 2021. Link

Sociocultural Background and Choice of STEM Majors at University (with Aderonke Osikominu and Marius Osterfeld), Oxford Economic Papers, 72 (2), 374-369, 2020.  Link

Optimal Social Insurance and Health Inequality (with Holger Strulik), German Economic Review, 20 (4), 913-948, 2019. Link / PDF

Let the Data Speak? On the Importance of Theory-Based Instrumental Variable Estimations (with Aderonke Osikominu), German Economic Review, 20 (4), 831-851, 2019.  Link

Reversal of Migration Flows: A Fresh Look at the German Reunification (with Andreas Schäfer, Thomas Steger and Benjamin Fuchs), Journal of International Economics 109, 1-15, 2017. PDF / Link

Does Bilateral Trust Across Countries Really Affect Inernational Trade and Factor Mobility? (with Eva Spring), Empirical Economics 50 (1), 103-136, 2016. PDF / Link

Quantifying Optimal Growth Policy (with Thomas M. Steger and Timo Trimborn), Journal of Public Economic Theory 18 (3), 451-485, 2016. PDF / Link 

Does Expansion of Higher Education Lead to Trickle-Down Growth (with Sebastian Böhm and Thomas M. Steger), Journal of Public Economics 132, 79-94, 2015.  PDF / Link

Protestantism and Education: Reading (the Bible) and Other Skills (with Josef Falkinger and Timo Boppart), Economic Inquiry 52 (2), 874-895, 2014. PDF / Link

The Macroeconomics of TANSTAAFL (with Thomas M. Steger and Timo Trimborn), Journal of Macroeconomics 38, Part A, 76-85, 2013. PDF /  Link

Wage Effects of High-skilled Migration: International Evidence (with David Stadelmann), World Bank Economic Review 27 (2), 297-319, 2013. PDF / Link

Do Cost-Sharing and Entry Deregulation Curb Pharmaceutical Innovation?, Journal of Health Economics 32 (5), 881-894, 2013. PDF / Link

Structural Change, Urban Congestion, and the End of Growth, Review of Development Economics 17 (2), 165-181, 2013. PDF / Link

Optimal Growth Policy: The Role of Skill Heterogeneity (with Thomas M. Steger), Economics Letters 119 (2), 162–164, 2013. PDF / Link

Oligarchic Land Ownership, Entrepreneurship, and Economic Development (with Josef Falkinger), Journal of Development Economics 101 (1), 206-215, 2013. PDF / Link

Under Which Conditions Does Religion Affect Educational Outcomes? (with Timo Boppart, Josef Falkinger, Ulrich Woitek and Gabriela Wüthrich), Explorations in Economic History 50 (2), 242-266, 2013. PDF / Link

Dynamically Optimal R&D Subsidization (with Thomas M. Steger and Timo Trimborn), Journal of Economic Dynamics and Control 37 (1), 516-534, 2013. PDF / Link

Does High-Skilled Migration Affect Publicly Financed Investments? (with David Stadelmann), Review of International Economics 20 (5), 944-959, 2012.  Link /  Online- Appendix

Brain Drain, Fiscal Competition, and Public Education Expenditure (with Hartmut Egger and Josef Falkinger), Review of International Economics 20 (1), 81-94, 2012. PDF / Link / Online-Appendix

Does International Mobility of High-Skilled Workers Aggravate Between-Country Inequality? (with David Stadelmann), Journal of Development Economics 95 (1), 88-94, 2011. PDF / Link / Online-Appendix

The Impact of Capital Market Integration on Educational Choice and the Consequences for Economic Growth (with Hartmut Egger, Peter Egger and Josef Falkinger), The World Economy 33 (10), 1241-1268, 2010. PDF / Link

May Increased Partisanship Lead to Convergence of Parties' Policy Platforms? (with Tomer Blumkin), Public Choice 145 (3), 547-569, 2010. PDF / Link

Should Continued Family Firms Face Lower Taxes Than Other Estates? (with Holger Strulik), Journal of Public Economics 94 (1-2), 87–101, 2010. PDF / Link

Entrepreneurial Innovation and Economic Growth, Journal of Macroeconomics 31 (4), 602–613, 2009. PDF / Link

Pareto-Improving Bequest Taxation (with Panu Poutvaara), International Tax and Public Finance 16 (5), 647-669, 2009. PDF / Link

Anti-Competitive Conduct, In-House R&D, and Growth (with Thomas Steger), European Economic Review 52 (6), 987-1008, 2008. PDF / Link

Risky Human Capital Investment, Income Distribution, and Macroeconomic Dynamics, Journal of Macroeconomics 30 (1), 19-42, 2008. PDF / Link

Advertising, In-House R&D, and Growth, Oxford Economic Papers 60 (1), 168-191, 2008. PDF / Link

How to Promote R&D-based Growth? Public Education Expenditure on Scientists and Engineers versus R&D-Subsidies, Journal of Macroeconomics 29 (4), 891-911, 2007. PDF / Link

Firm Size, Productivity, and Manager Wages: A Job Assignment Approach, B.E. Journal of Theoretical Economics 7 (Advances), Article 8, 2007. Link

Firm Size and Diversification: Multiproduct Firms in Asymmetric Oligopoly, International Journal of Industrial Organization 25 (1), 51-67, 2007. PDF / Link / Online-Appendix

Does Capital Mobility Promote Economic Growth? The Link to Education (with Hartmut Egger and Peter Egger), Journal of Financial Transformation 17, 28-31, 2006. Link

On the Ideology Motive in Political Economy Models, International Journal of Business and Economics 5 (1), 75-82, 2006. PDF / Link

Institutions and Development: The Interaction between Trade Regime and Political System (with Josef Falkinger), Journal of Economic Growth 10 (3), 229-270, 2005. PDF / Link

Non-Routine Tasks, Restructuring of Firms, and Wage Inequality Within and Between Skill-Groups (with Hartmut Egger), Journal of Economics 86 (3), 197-225, 2005. Link

The Double Role of Skilled Labor, New Technologies, and Wage Inequality (with Hartmut Egger), Metroeconomica 56 (1), 37-57 , 2005. PDF / Link

White-collar Employment, New Technologies, and Relative Wages in a R&D-based Growth Model, Journal of Economics 86 (Supplement 1), 119-142, 2005. PDF / Link

A Note on Redistributive Taxation, Labor Supply, and National Income, International Journal of Business and Economics 2 (1), 39-48, 2003. PDF / Link 

Workplaces in the Primary Economy and Wage Pressure in the Secondary Labor Market (with Josef Falkinger), Journal of Institutional and Theoretical Economics 159 (3), 523-544, 2003. PDF / Link

Income Inequality, Voting for the Size of Public Consumption, and Growth, European Journal of Political Economy 19 (2), 265-287, 2003. PDF /  Link

Quality Improvements, the Structure of Employment, and the Skill-Bias Hypothesis Revisited, Topics in Macroeconomics 2 (1), Article 2, 2002. PDF

Is it Rational to Internalize the Personal Norm that One Should Reciprocate?, Journal of Economic Psychology 23 (1), 27-48, 2002.  Link

Skill Supply, Supervision Requirements, and Unemployment of Low-Skilled Labor (with Josef Falkinger), International Journal of Manpower 22 (1-2), 69-82, 2001. Link

Socially Optimal Redistribution and Growth: A Further Warning on the Welfare Significance of Representative Consumers' Preferences, FinanzArchiv 57 (2), 182-196, 2000. Link

Skilled Labor Reallocation, Wage Inequality and Unskilled Unemployment, Journal of Institutional and Theoretical Economics 156 (3), 473-500, 2000. Link

Are Status Concerns Harmful for Growth?, FinanzArchiv 55 (3), 357-373, 1998. Link