Based on the most recent data from the ECB's Household Finance and Consumption Survey, the project models the future household-level wealth distribution in five selected EU member countries (Finland, France, Germany, Ireland, and Italy) to derive inheritances based on different demographic and...

This article argues that the socio-ecological transformation does not only require to restructure the traditional welfare state architecture but also to renew welfare state objectives and institutions. While compensatory and preventive functions have long been in the foreground, it is now time...

This paper examines how the necessary socio-ecological transformation can be shaped through welfare state institutions and measures in such a way that it does not cause social tensions and avoids any new environmentally harmful maladjustments, but rather is as socially just and ecologically...

Dating business cycle turning points is still an important task for economic policy decisions. This study does this for the Austrian economy for the period between 1976 and 2005, using only quarterly national accounts data of Austria, Germany and the euro area. Three different filtering methods...