Prof. Dr. Th. Steger  

University of Leipzig
Institute for Theoretical Economics
Macroeconomics
Grimmaische Straße 12
D-04109 Leipzig


Phone: ++49-(0) 341-9733541
Fax:     ++49-(0) 341-9733549

Room: I207
Office hours: on appointment

Full Curriculum Vitae

Fields of Research

Economic Growth & Development
Capital Mobility & Migration
Quantitative Dynamic Macroeconomics
Public Finance

Selected Publications

Grossmann, V. and T.M. Steger, Optimal Growth Policy: the Role of Skill Heterogeneity, Economics Letters, 2013, Vol. 119 (2), 162-164.

Grossmann, V., T.M. Steger, and T. Trimborn, Dynamically Optimal R&D Subsidization, Journal of Economic Dynamics and Control, 2013, Vol. 37 (3), 516-534.

Bretschger, L. and T.M. Steger, Globalization, the Volatility of Intermediate Goods Prices, and Economic Growth, Macroeconomic Dynamics, 2013, Vol. 17 (2), 402-430.

Groth, C., K.-J. Koch, and T.M. Steger, When economic growth is less than exponential, Economic Theory, 2010, Vol. 44 (2), 213–242.

Schularick, M. and T.M. Steger, Financial Integration, Investment, and Economic Growth: Evidence From Two Eras of Financial Globalization, Review of Economics and Statistics, 2010, Vol. 92 (4), 756–768.

Grossmann, V. and T.M. Steger, Anti-Competitive Conduct, In-House R&D, and Growth, European Economic Review, 2008, Vol. 52 (6), 987-1008.

Trimborn, T., K.-J. Koch and T.M. Steger, Multi-Dimensional Transitional Dynamics: A Simple Numerical Procedure, Macroeconomic Dynamics, 2008, Vol. 12 (3), 301–319. program codes...

Steger, T.M., Flexibility, Sectoral Hysteresis, and Downturns, Macroeconomic Dynamics, 2007, Vol. 11 (1), 128-148.

Steger, T.M., Stochastic Growth under Wiener and Poisson Uncertainty, Economics Letters, 2005, Vol. 86 (3), 311-316. appendix...

Steger, T.M., Welfare Implications of Non-Scale R&D-based Growth Models, Scandinavian Journal of Economics, 2005, Vol. 107 (4), 737-757.

Steger, T.M., Productive Consumption, the Intertemporal Consumption Trade-Off and Growth, Journal of Economic Dynamics and Control, 2002, Vol. 26 (6), 1053-1068.

Steger, T.M., Economic Growth with Subsistence Consumption, Journal of Development Economics, 2000, Vol. 62 (2), 343-361.

Working Papers

NEW: Grossmann, V., T.M. Steger, and A. Schäfer, Migration, Capital Formation, and House Prices, CESifo Working Paper, No. 4146, March 2013.

NEW: Schäfer, A. and T.M. Steger, Journey into the Unknown? Economic Consequences of Factor Market Integration under Increasing Returns to Scale, CESifo Working Paper, No. 3676, August 2012.

NEW: Grossmann, V., T.M. Steger, and T. Trimborn, The Macroeconomics of TANSTAAFL, CESifo Working Paper, No. 3651, April 2012.

Grossmann, V., T.M. Steger, and T. Trimborn, Quantifying Optimal Growth Policy, CESifo Working Paper, No. 3092, May, 2013.

Schäfer, A. and T.M. Steger, History, Expectations, and Public Policy: Economic Development in Eastern Germany, CESifo Working Paper, No. 3184, September 2010.

Schularick, M. and T.M. Steger, The Lucas Paradox and the Quality of Institutions: Then and Now, Free University Berlin, Working Paper 08/03, February, 2008.

Grossmann, V. and T.M. Steger, Growth, Development, and Technological Change, in Encyclopedia of Life Support Systems (EOLSS), Mathematical Models in Economics, Developed under the Auspices of the UNESCO, Eolss Publishers, Oxford , UK, 2007 [http://www.eolss.net].

Schäfer, A. and T.M. Steger, Macroeconomic Consequences of Distributional Conflicts, CESifo Working Paper, No. 2007, May 2007.