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Macroeconomic effects of carbon prices – a cross-country perspective (PDF, 6 MB)

… Stern (2008) called climate change the biggest market failure the world has seen. The most prominent market failure in this context is the negative externality of GHG emissions: they cause severe damage …

Macroeconomic effects of carbon prices – a cross-country perspective (PDF, 6 MB)

… Stern (2008) called climate change the biggest market failure the world has seen. The most prominent market failure in this context is the negative externality of GHG emissions: they cause severe damage …

The Role of Revaluation and Adjustment Factors in Pay-As-You-Go Pension Systems (PDF, 200 kB)

… -45-65 formula frequently cited in the pension reform debate in Austria consistent in itself? Should automatic adjustment factors (sustainability factors) be built into the pension system, and if so, which …

FDI, Trade and Growth in CESEE Countries (PDF, 3.3 MB)

… Foreign Research Division, jarko.fidrmuc@oenb.at; European Central Bank, EU Countries Division, reiner.martin@ecb.int. The views expressed in this paper are exclusively those of the authors and do not …

Fiscal and Structural Policy Challenges Created by the Economic Crisis of 2008–2009 (PDF, 605 kB)

… these measures are actually going to have on public finances in Austria, or in other EU Member States or world- wide, is difficult to say at the current juncture. At any rate, these direct costs can …

Is Germany’s Influence on Austria Waning? (PDF, 245 kB)

… Austria – Germany Austria – U.S.A. Source: OeNB. Static correlation Austria – Switzerland Austria – Italy Austria’s lead (+) …