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Department of Economics, WU (Wirtschaftsuniversität Wien) Working papers, Department of Economics, WU (Wirtschaftsuniversität Wien)

No. 253: Effectiveness of macroprudential policies under borrower heterogeneity Full Text
Maria Teresa Punzi and Katrin Rabitsch

No. 252: Europa zwischen Globalisierung und Renationalisierung Full Text
Karl Aiginger

No. 251: Human Capital in a Credit Cycle Model Full Text
Ingrid Kubin and Thomas O. Zörner

No. 250: Threshold cointegration and adaptive shrinkage Full Text
Florian Huber and Thomas Zörner

No. 249: Renewable Energy Sources and Investment in European Power Transmission Networks Full Text
Kaloud Tobias

No. 248: Spreading the word or reducing the term spread? Assessing spillovers from euro area monetary policy Full Text
Martin Feldkircher Author-Email: martin.feldkircher@oenb.at Author-WorkPlace-Name: Oesterreichische Nationalbank (OeNB) and Vienna University of Economics and Business Note: PDF Document Keywords: Euro area monetary policy, quantitative easing, spillovers Classification-JEL: C30, E52, F41, E32 Abstract: As a consequence of asset purchases by the European Central Bank (ECB), longer-term yields in the euro area decline, and spreads between euro area long-term yields narrow. To assess spillovers of these recent financial developments, we use a Bayesian variant of the global vector autoregressive (BGVAR) model with stochastic volatility and propose a novel mixture of zero impact and sign restrictions that we impose on the cross-section of the data. Both shocks generate positive and significant spillovers to industrial production in Central, Eastern and Southeastern Europe (CESEE) and other non-euro area EU member states. These effects are transmitted via the financial channel (mainly through interest rates and equity prices) and outweigh costs of appreciation pressure on local currencies vis-a-vis the euro (trade channel). While these results represent general trends, we also find evidence for both cross-country heterogeneity of effects within the euro area and region-specific spillovers thereof. Thomas Gruber Author-Email: thomas.gruber@oenb.at Author-WorkPlace-Name: Oesterreichische Nationalbank (OeNB) Author-Name: Florian Huber Author-Email: florian.huber@wu.ac.at Author-WorkPlace-Name: Department of Economics

No. 247: Do individual salaries depend on the performance of the peers? Prototype heuristic and wage bargaining in the NBA Full Text
Harald Oberhofer and Marian Schwinner

No. 246: Spotlight on the beneficiaries of EU regional funds: A new firm-level dataset Full Text
Julia Bachtrögler, Christoph Hammer, Wolf Heinrich Reuter and Florian Schwendinger

No. 244: Structural breaks in Taylor rule based exchange rate models - Evidence from threshold time varying parameter models Full Text
Florian Huber

No. 243: The shortage of safe assets in the US investment portfolio: Some international evidence Full Text
Florian Huber and Maria Teresa Punzi

No. 242: The true art of the tax deal: Evidence on aid flows and bilateral double tax agreements Full Text
Julia Braun and Martin Zagler

No. 241: Borrower heterogeneity within a risky mortgage-lending market Full Text
Maria Teresa Punzi and Katrin Rabitsch

No. 240: Bilateral Trade Agreements and Trade Distortions in Agricultural Markets Full Text
Cornelius Hirsch and Harald Oberhofer

No. 239: The role of US based FDI flows for global output dynamics Full Text
Florian Huber, Manfred M. Fischer and Philipp Piribauer

No. 238: What Drives Destruction? On the Malleability of Anti-Social Behavior Full Text
Julia Müller, Christiane Schwieren and Florian Spitzer

No. 237: Cross-Border Technology Differences and Trade Barriers: Evidence from German and French Electricity Markets Full Text
Klaus Gugler and Adhurim Haxhimusa

No. 236: Productivity Growth and the General X-factor in Austria’s Gas Distribution Full Text
Klaus Gugler and Mario Liebensteiner

No. 235: Should I stay or should I go? Bayesian inference in the threshold time varying parameter (TTVP) model Full Text
Florian Huber, Gregor Kastner and Martin Feldkircher

No. 234: Investment under Uncertainty in Electricity Generation Full Text
Klaus Gugler, Mario Liebensteiner, Adhurim Haxhimusa and Nora Schindler

No. 233: The Returns to Preschool Attendance Full Text
Pirmin Fessler and Alyssa Schneebaum

No. 232: The Gender Wealth Gap Across European Countries Full Text
Alyssa Schneebaum, Miriam Rehm, Katharina Mader and Katarina Hollan

No. 231: Buffer stock savings in a New-Keynesian business cycle model Full Text
Katrin Rabitsch and Christian Schoder

No. 230: On the effectiveness of EU structural funds during the Great Recession: Estimates from a heterogeneous local average treatment effects framework Full Text
Julia Bachtrögler

No. 229: Macroeconomic Imbalances and Business Cycle Synchronization. Why Common Economic Governance is Imperative for the Eurozone Full Text
Elizaveta Lukmanova and Gabriele Tondl

No. 228: Credit where credit is due: An approach to education returns based on shapley values Full Text
Bilal Barakat and Jesus Crespo Cuaresma

No. 227: Interest rates, corporate lending and growth in the Euro Area Full Text
Gabriele Tondl

No. 226: Integration and Efficiency of European Electricity Markets: Evidence from Spot Prices Full Text
Klaus Gugler, Adhurim Haxhimusa and Mario Liebensteiner

No. 225: Non-Sequential Search, Competition and Price Dispersion in Retail Electricity Full Text
Klaus Gugler, Sven Heim and Mario Liebensteiner

No. 224: Nonlinearities and Parameter Instability in the Finance-Growth Nexus Full Text
Catherine Prettner

No. 223: A Representative Matched Cross-section Survey for Austria - Measuring Worker Flow Dynamics with the Austrian Labour Force Survey Full Text
Schoiswohl Florian and Wüger Michael

No. 222: Unconventional US Monetary Policy: New Tools, Same Channels? Full Text
Martin Feldkircher and Florian Huber

No. 221: Adaptive shrinkage in Bayesian vector autoregressive models Full Text
Florian Huber and Martin Feldkircher

No. 220: Trade Costs and Income in European Regions Full Text
Christoph Hammer and Aurélien Fichet de Clairfontaine

No. 219: Asymmetric information in the regulation of the access to markets Full Text
Simone Ghislandi and Michael Kuhn

No. 218: Market Structure and Competition in Transition:Results from a Spatial Analysis Full Text
Martin Labaj, Karol Morvay, Peter Silanic, Christoph Weiss and Biliana Yontcheva

No. 217: Estimating Industry-level Armington Elasticities For EMU Countries Full Text
Lisa Aspalter

No. 216: International Housing Markets, Unconventional Monetary Policy and the Zero Lower Bound Full Text
Florian Huber and Maria Teresa Punzi

No. 215: Economic Development and Forest Cover: Evidence from Satellite Data Full Text
Jesus Crespo Cuaresma, Olha Danylo, Steffen Fritz, Ian McCallum, Michael Obersteiner and Linda See

No. 214: Trend Fundamentals and Exchange Rate Dynamics Full Text
Florian Huber and Daniel Kaufmann

No. 213: There is poverty convergence Full Text
Jesus Crespo Cuaresma, Stephan Klasen and Konstantin M. Wacker

No. 212: Learning to trust, learning to be trustworthy Full Text
Ulrich Berger

No. 211: Cognitive Hierarchies in the Minimizer Game Full Text
Ulrich Berger, Hannelore De Silva and Gerlinde Fellner-Röhling

No. 210: Does income inequality affect aggregate consumption? Revisiting the evidence Full Text
Jesus Crespo Cuaresma, Jozef Kubala and Kristina Petrikova

No. 209: US Monetary Policy in a Globalized World Full Text
Jesus Crespo Cuaresma, Gernot Doppelhofer, Martin Feldkircher and Florian Huber

No. 208: Revisiting the Lucas Model Full Text
Bernhard Skritek, Jesus Crespo Cuaresma, Arkadii V. Kryazhimskii, Klaus Prettner, Alexia Prskawetz and Elena Rovenskaya

No. 207: R&D networks and regional knowledge production in Europe. Evidence from a space-time model Full Text
Iris Wanzenböck and Philipp Piribauer

No. 206: Network Centrality and Market Prices: An Empirical Note Full Text
Matthias Firgo, Dieter Pennerstorfer and Christoph R. Weiss

No. 205: Who Creates Jobs? Econometric Modeling and Evidence for Austrian Firm Level Data Full Text
Peter Huber, Harald Oberhofer and Michael Pfaffermayr

No. 204: The Case for Fiscal Rules Full Text
Harald Badinger and Wolf Heinrich Reuter

No. 203: Intermediary Search for Suppliers in Procurement Auctions Full Text
Jun Honda

No. 202: Die Volkswirtschaftslehre an der Hochschule für Welthandel, 1918–1973 Full Text
Hansjörg Klausinger

No. 201: A Markov switching factor-augmented VAR model for analyzing US business cycles and monetary policy Full Text
Florian Huber and Manfred M. Fischer

No. 200: Economic Impact of Investment Agreements Full Text
Christian Bellak

No. 199: Bayesian Variable Selection in Spatial Autoregressive Models Full Text
Jesus Crespo Cuaresma and Philipp Piribauer

No. 198: Growing Together? Projecting Income Growth in Europe at the Regional Level Full Text
Jesus Crespo Cuaresma, Gernot Doppelhofer, Florian Huber and Philipp Piribauer

No. 197: Games with the Total Bandwagon Property Full Text
Jun Honda

No. 196: Fiscal Rules and Twin Deficits: The Link between Fiscal and External Balances Full Text
Harald Badinger, Aurélien Fichet de Clairfontaine and Wolf Heinrich Reuter

No. 195: The Nationalökonomische Gesellschaft (Austrian Economic Association, NOeG) in the Interwar Period and Beyond Full Text
Hansjörg Klausinger

No. 194: Testing the Global Banking Glut Hypothesis Full Text
Maria Teresa Punzi and Karlo Kauko

No. 193: A Comprehensive Approach to Posterior Jointness Analysis in Bayesian Model Averaging Applications Full Text
Jesus Crespo Cuaresma, Bettina Grün, Paul Hofmarcher, Stefan Humer and Mathias Moser

No. 192: Informal environmental regulation of industrial air pollution: Does neighborhood inequality matter? Full Text
Klara Zwickl and Mathias Moser

No. 191: The Geography of Average Income and Inequality: Spatial Evidence from Austria Full Text
Mathias Moser and Matthias Schnetzer

No. 190: Vertical Disintegration in the European Electricity Sector: Empirical Evidence on Lost Synergies Full Text
Klaus Gugler, Mario Liebensteiner and Stephan Schmitt

No. 189: Investor borrowing heterogeneity in a Kiyotaki-Moore style macro model Full Text
Maria Teresa Punzi and Katrin Rabitsch

No. 188: Detecting Collusion in Spatially Differentiated Markets Full Text
Matthias Firgo and Agnes Kügler

No. 187: Sovereign Debt and Economic Growth Revisited: The Role of (Non-)Sustainable Debt Thresholds Full Text
Nikolaos Antonakakis

No. 186: The Gender Wealth Gap in Europe Full Text
Alyssa Schneebaum, Miriam Rehm, Katharina Mader, Patricia Klopf and Katarina Hollan

No. 185: How to reveal people's preferences: Comparing time consistency and predictive power of multiple price list risk elicitation methods Full Text
Tamás Csermely and Alexander Rabas

No. 183: Aggregravity: Estimating Gravity Models from Aggregate Data Full Text
Harald Badinger and Jesus Crespo Cuaresma

No. 182: Does Fiscal Consolidation Really Get You Down? Evidence from Suicide Mortality Full Text
Nikolaos Antonakakis, Nikolaos Antonakakis and Alan Collins

No. 181: Summarizing Data using Partially Ordered Set Theory: An Application to Fiscal Frameworks in 97 Countries Full Text
Julia Bachtrögler, Harald Badinger, Aurélien Fichet de Clairfontaine and Wolf Heinrich Reuter

No. 180: House Prices, Capital Inflows and Macroprudential Policy Full Text
Maria Teresa Punzi and Caterina Mendicino

No. 178: Does Elderly Employment have an Impact on Youth Employment? A General Equilibrium Approach Full Text
Alfred Stiassny and Christina Uhl

No. 177: Spatial interactions in location decisions: Empirical evidence from a Bayesian spatial probit model Full Text
Adriana Nikolic and Christoph Weiss

No. 176: Can Macroeconomists Get Rich Forecasting Exchange Rates? Full Text
Jesus Crespo Cuaresma, Mauro Costantini and Jaroslava Hlouskova

No. 175: From Rome to Lisbon and Beyond: Member States' Power, Efficiency, and Proportionality in the EU Council of Ministers Full Text
Nikolaos Antonakakis, Harald Badinger and Wolf Heinrich Reuter

No. 174: Intergenerational Educational Persistence in Europe Full Text
Alyssa Schneebaum, Bernhard Rumplmaier and Wilfried Altzinger

No. 173: Fixed Effects and Random Effects Estimation of Higher-Order Spatial Autoregressive Models with Spatial Autoregressive and Heteroskedastic Disturbances Full Text
Harald Badinger and Peter Egger

No. 172: Social Preferences and Voting on Reform: An Experimental Study Full Text
Fabian Paetzel, Rupert Sausgruber and Stefan Traub

No. 171: An Incomplete Markets Explanation to the UIP Puzzle Full Text
Katrin Rabitsch

No. 170: Education and the Transition to Sustained Democracy Full Text
Jesus Crespo Cuaresma and Doris A. Oberdabernig

No. 169: The dynamics of returns to education in Uganda: National and subnational trends Full Text
Jesus Crespo Cuaresma and Anna Raggl

No. 167: Financial Stress, Sovereign Debt and Economic Activity in Industrialized Countries: Evidence from Dynamic Threshold Regressions Full Text
Christian R. Proaño, Christian Schoder and Willi Semmler

No. 166: Dynamic Spillovers of Oil Price Shocks and Policy Uncertainty Full Text
Nikolaos Antonakakis and Ioannis Chatziantoniou

No. 165: Prospective Ageing and Economic Growth in Europe Full Text
Jesus Crespo Cuaresma and Patrik Pruzinský

No. 164: Regional integration, international liberalisation and the dynamics of industrial agglomeration Full Text
Pasquale Commendatore, Ingrid Kubin, Carmelo Petraglia and Iryna Sushko

No. 163: (In)equality in Education and Economic Development Full Text
Petra Sauer and Martin Zagler

No. 162: A Two Period Model with Portfolio Choice: Understanding Results from Different Solution Methods Full Text
Katrin Rabitsch and Serhiy Stepanchuk

No. 161: Strategic signaling or emotional sanctioning? An experimental study of ex post communication in a repeated public goods game Full Text
Adam Zylbersztejn

No. 160: An empirical assessment of Fairtrade: A perspective for low- and middle-income countries? Full Text
Elisabeth Nindl

No. 159: International Portfolios: A Comparison of Solution Methods Full Text
Katrin Rabitsch, Serhiy Stepanchuk and Viktor Tsyrennikov

No. 158: Model uncertainty in matrix exponential spatial growth regression models Full Text
Manfred M. Fischer and Philipp Piribauer

No. 157: The gendered nature of intra-household decision making in and across Europe Full Text
Alyssa Schneebaum and Katharina Mader

No. 155: Academic Anti-Semitism and the Austrian School: Vienna, 1918–1945 Full Text
Hansjoerg Klausinger

No. 154: Spacey Parents and Spacey Hosts in FDI Full Text
Badinger Harald and Peter Egger

No. 153: Theoretical vs. Empirical Power Indices: Do Preferences Matter? Full Text
Harald Badinger, Monika Mühlböck, Elisabeth Nindl and Wolf Heinrich Reuter

No. 152: Projecting Long-Term Primary Energy Consumption Full Text
Zsuzsanna Csereklyei and Stefan Humer

No. 151: Measuring the Impacts of Nuclear Accidents on Energy Policy Full Text
Zsuzsanna Csereklyei

No. 150: Does the Welfare State Destroy the Family? Evidence from OECD Member Countries Full Text
Martin Halla, Mario Lackner and Johann Scharler

No. 149: Does Custody Law Affect Family Behavior In and Out of Marriage? Full Text
Rene Böheim, Marco Francesconi and Martin Halla

No. 148: International Comparisons of Household Saving Rates and Hidden Income Full Text
Herbert Walther and Alfred Stiassny

No. 144: Revisiting the Effects of IMF Programs on Poverty and Inequality Full Text
Doris A. Oberdabernig

No. 143: Income convergence prospects in Europe: Assessing the role of human capital dynamics Full Text
Jesus Crespo Cuaresma, Miroslava Havettova and Martin Labaj

No. 141: Output Volatility, Economic Growth, and Cross-Country Spillovers: New Evidence for the G7 Countries Full Text
Nikolaos Antonakakis and Harald Badinger

No. 140: Business Cycle Synchronization During US Recessions Since the Beginning of the 1870's Full Text
Nikolaos Antonakakis

No. 139: Globalization, Inequality, and Corruption Full Text
Harald Badinger and Elisabeth Nindl

No. 138: After Two Decades of Integration: How Interdependent are Eastern European Economies and the Euro Area? Full Text
Catherine Prettner and Klaus Prettner

No. 137: Border Collision Bifurcations in Boom and Bust Cycles Full Text
Ingrid Kubin and Laura Gardini

No. 136: Cross-Border Mergers and Domestic Wages: Integrating Positive 'Spillover' Effects and Negative 'Bargaining' Effects Full Text
Joseph A. Clougherty, Klaus Gugler and Lars Sørgard

No. 135: From rags to riches? Intergenerational transmission of income in Europe Full Text
Matthias Schnetzer and Wilfried Altzinger

No. 134: L. Albert Hahn’s economic theory of bank credit Full Text
Harald Hagemann

No. 133: Heterogeneous productivity in voluntary public good provision - An experimental analysis Full Text
Gerlinde Fellner, Yoshio Iida, Sabine Kröger and Erika Seki

No. 132: Demographic change, growth and agglomeration Full Text
Theresa Grafeneder-Weissteiner

No. 131: Agglomeration processes in aging societies Full Text
Theresa Grafeneder-Weissteiner and Klaus Prettner

No. 130: The State of Wage Convergence in the European Monetary Union Full Text
Paul Ramskogler

No. 129: Positioning Public Service Broadcasting in a Competitive TV Market: Small Country Programming Strategies based on a Wide-Reach Genre Full Text
Wolfgang Fellner and Andrea Grisold

No. 128: Banks, Financial Markets and International Consumption Risk Sharing Full Text
Markus Leibrecht and Johann Scharler

No. 127: The finance-dominated growth regime, distribution, and the present crisis Full Text
Engelbert Stockhammer

No. 126: The finance-dominated growth regime, distribution, and aggregate demand in the US Full Text
Özlem Onaran, Engelbert Stockhammer and Lukas Grafl

No. 125: Agglomeration and population aging in a two region model of exogenous growth Full Text
Theresa Grafeneder-Weissteiner and Klaus Prettner

No. 124: Post Keynesian economics - how to move forward Full Text
Engelbert Stockhammer and Paul Ramskogler

No. 123: Financial uncertainty and business investment Full Text
Engelbert Stockhammer and Lucas Grafl

No. 122: Cooperation in local and global groups Full Text
Gerlinde Fellner and Gabriele K. Lünser

No. 121: Job quality and wages in duopsony Full Text
Jürgen Figerl and Thomas Grandner

No. 120: Shareholder value orientation, distribution and growth – short- and medium-run effects in a Kaleckian model Full Text
Eckhard Hein

No. 119: The effect of import penetration on labor market outcomes in Austrian manufacturing industry Full Text
Özlem Onaran

No. 118: The effect of foreign affiliate employment on wages, employment, and the wage share in Austria Full Text
Özlem Onaran

No. 117: Contrasting the dynamic patterns of manufacturing and service FDI: Evidence from transition economies Full Text
Aleksandra Riedl

No. 116: Causes, consequences, and cures of myopic loss aversion - An experimental investigation Full Text
Gerlinde Fellner and Matthias Sutter

No. 115: Stuck in the middle? The structure of trade between South Africa and its major trading partners Full Text
Koen Smet

No. 114: Globalization and the effects of changes in functional income distribution on aggregate demand in Germany Full Text
Engelbert Stockhammer, Eckhard Hein and Lucas Grafl

No. 113: Evaluating the effects of farm programs: Results from propensity score matching Full Text
Andrea Pufahl and Christoph Weiss

No. 112: Testing the tax competition theory: How elastic are national tax bases in western Europe? Full Text
Aleksandra Riedl and Silvia Rocha-Akis

No. 111: Footloose capital and productive public services Full Text
Pasquale Commendatore, Ingrid Kubin and Carmelo Petraglia

No. 110: Macroeconomic policy mix, employment and inflation in a Post-Keynesian alternative to the New Consensus Model Full Text
Eckhard Hein and Engelbert Stockhammer

No. 109: Product differentiation in a linear city and wage bargaining Full Text
Thomas Grandner

No. 108: International financial markets and fragility in the Eastern Europe: "can it happen" here? Full Text
Özlem Onaran

No. 107: Coming and leaving. Internal mobility in late Imperial Austria Full Text
Annemarie Steidl and Engelbert Stockhammer

No. 106: Demand effects of the falling wage share in Austria Full Text
Engelbert Stockhammer and Stefan Ederer

No. 105: Uncertainty, market power and credit rationing Full Text
Paul Ramskogler

No. 104: Uncertainty and exploitation in history Full Text
Engelbert Stockhammer and Paul Ramskogler

No. 103: Jobless growth in the Central and Eastern European Countries: A country specific panel data analysis for the manufacturing industry Full Text
Özlem Onaran

No. 102: Functional income distribution and aggregate demand in the Euro-area Full Text
Engelbert Stockhammer, Özlem Onaran and Stefan Ederer

No. 101: Vom kurzfristigen zum mittelfristigen Gleichgewicht in einer offenen Volkswirtschaft unter fixen und flexiblen Wechselkursen Full Text
Harald Badinger and Ingrid Kubin

No. 100: National and sectoral factors in wage formation in Central and Eastern Europe Full Text
Engelbert Stockhammer and Özlem Onaran

No. 99: Labour tax policies and strategic offshoring under unionised oligopoly Full Text
Silvia Rocha-Akis

No. 98: Oskar Morgenstern als wirtschaftspolitischer Berater in den 1930er-Jahren Full Text
Hansjörg Klausinger

No. 97: The controversy over employment policy: Low labor costs and openness, or demand policy? A sectoral analysis for Turkey Full Text
Özlem Onaran and Nursel Aydiner-Avsar

No. 96: Is the NAIRU theory a Monetarist, New Keynesian, Post Keynesian or a Marxist theory? Full Text
Engelbert Stockhammer

No. 95: Reasons for the U.S. growth period in the nineties: non-keynesian effects, asset wealth and productivity Full Text
Anton Burger and Martin Zagler

No. 94: The effect of FDI and foreign trade on wages in the Central and Eastern European Countries in the post-transition era: A sectoral analysis Full Text
Özlem Onaran and Engelbert Stockhammer

No. 93: Speculation-led growth and fragility in Turkey: Does EU make a difference or "can it happen again"? Full Text
Özlem Onaran

No. 92: A strategic investment game with endogenous absorptive capacity. Full Text
Anna Hammerschmidt

No. 91: Dependent Forms of Self-employment in the UK: Identifying Workers on the Border between Employment and Self-Employment Full Text
René Böheim and Ulrike Muehlberger

No. 90: The effects of gallery and artist reputation on prices in the primary market for art Full Text
Susanne Schönfeld and Andreas Reinstaller

No. 89: Fixed Price Dynamics versus Flexible Price Dynamics Full Text
Martin Currie and Ingrid Kubin

No. 88: Joint adjustment of house prices, stock prices and output towards short run equilibrium Full Text
Thomas Grandner and Dieter Gstach

No. 87: How Domestic and Foreign Firms Differ and Why Does It Matter? Full Text
Christian Bellak

No. 86: The Impact of Enlargement on the Race for FDI Full Text
Christian Bellak

No. 85: The dynamics of wages and employment in a model of monopolistic competition and efficient bargaining Full Text
Pasquale Commedatore and Ingrid Kubin

No. 84: Output specific efficiencies: The case of UK private secondary schools Full Text
Dieter Gstach, Andrew Somers and Susanne Warning

No. 83: A Statistical Framework for Estimating Output-Specific Efficiencies Full Text
Dieter Gstach

No. 80: Handel auf Terminkontraktmärkten Full Text
Maria Stückler

No. 79: Überprüfung von Gültigkeit und Annahmen der Friedman These für Rohstoffmärkte Full Text
Maria Stückler

No. 78: Estimating Marginal Costs for the Austrian Railway System Full Text
Gerhard Munduch, Alexander Pfister, Leopold Sögner and Alfred Stiassny

No. 77: Measuring Productivity of Research in Economics. A Cross-Country Study Using DEA Full Text
Martin G. Kocher, Mikulas Luptacik and Matthias Sutter

No. 76: Das Konzept einer nachhaltigen Finanzpolitik aus heterodoxer Sicht - ein Diskussionsbeitrag Full Text
Arne Heise

No. 75: The Investment Development Path of Austria Full Text
Christian Bellak

No. 74: Organizational versus Technological Determinants of Innovation Full Text
Brigitte Unger and Martin Zagler

No. 73: Theorie optimaler Lohnräume. Zur Lohnpolitik in der Europäischen Währungsunion Full Text
Arne Heise

No. 72: Postkeynesianische Beschäftigungstheorie. Einige Prinzipielle Überlegungen Full Text
Arne Heise

No. 70: A Note on Unionized Firms' Incentive to Integrate Vertically Full Text
Thomas Grandner

No. 69: Walras' Law and the IS-LM Model. A Tale of Progress and Regress. Full Text
Hansjoerg Klausinger

No. 68: Explaining European Unemployment: Testing the NAIRU Theory and a Keynesian Approach Full Text
Engelbert Stockhammer

No. 67: Robinsonian and Kaleckian Growth. An Update on Post-Keynesian Growth Theories Full Text
Engelbert Stockhammer

No. 66: Endogenous Growth, Efficency Wages, and Persistent Unemployment Full Text
Martin Zagler

No. 65: Computable General Equilibrium Modeling, Numerical Simulations in a 2-Country Monetary General Equilibrium Model Full Text
Fabio Rumler

No. 64: Der Modellbegriff in den Sozialwissenschaften. Zum Programm einer kritischen Soziologik Full Text
Harald Katzmair

No. 63: The Stability of Full Employment. A Reconstruction of Chapter 19-Keynesianism Full Text
Hansjoerg Klausinger

No. 62: Explaining Foreign Ownership By Comparative and Competitive Advantage: Empirical Evidence Full Text
Christian Bellak

No. 61: Market Shares of Price Setting Firms and Trade Unions Full Text
Thomas Grandner

No. 60: Growth Theories and the Persistence of Output Fluctuations: The Case of Austria Full Text
Christian Ragacs, Thomas Steinberger and Martin Zagler

No. 59: Technical Efficiency in Noisy Multi-Output Settings Full Text
Dieter Gstach

No. 58: Small Sample Performance of Two Approaches to Technical Efficiency Estimation with Multiple Outputs Full Text
Dieter Gstach

No. 57: Austria's Foreign Direct Investment in Central and Eastern Europe: 'Supply Based' or 'Market Driven'? Full Text
Wilfried Altzinger

No. 56: Regulation of a Complementary Imputed Good in a Competitive Environment Full Text
Leopold Soegner

No. 55: Restricted Immigration in a Two-Sector Economy Full Text
Dieter Gstach and Thomas Grandner

No. 53: Economic Policy in a Model of Endogenous Growth Full Text
Christian Ragacs and Martin Zagler

No. 51: Are Exchange Rate-Based Stabilizations Expansionary: Theoretical Considerations and the Brazilian Case Full Text
Gert Wehinger

No. 50: Exchange Rate-Based Stabilization: Pleasant Monetary Dynamics? Full Text
Gert Wehinger

No. 49: Die Alternativen zur Deflationspolitik Brünings im Lichte zeitgenössischer Kritik Full Text
Hansjoerg Klausinger

No. 45: Territoriale Evolution von Kooperation in einem Gefangenendilemma Full Text
Thomas Grandner

No. 42: Is Wage-Leadership an Instrument to Coordinate Union's Wage-Policy? The Case of Imperfect Product Markets, Full Text
Thomas Grandner

No. 39: A new approach to stochastic frontier estimation: DEA+ Full Text
Dieter Gstach

No. 37: Long-Run Monetary Non-Neutrality in a Model of Endogenous Growth Full Text
Martin Zagler

No. 34: Beschäftigungseffekte des österreichischen Osthandels Full Text
Wilfried Altzinger


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