WIFO's calculations of approximate values for significant, nonfinancial, nonpro-duced assets in Austria by sectors, classified according to the sectoral accounts specified by the European System of Accounts 1995 (ESA 95), provide the first rough estimates of individual central asset categories...

Business cycles in the U. S., Western Germany and Austria are highly interrelated. As a rule, the primary impact is originating in the U. S. and then transmitted to Western Germany with one ore more quarters' time lag. After at least another three months the repercussions from the German cycle...