We investigate the role of competition on the outcome of Austrian Treasury auctions. Austria's EU accession led to an increase in the number of banks participating in treasury auctions. We use structural estimates of bidders' private values to examine the effect of increased competition on...

This paper studies the legal sugar cartel in Austria-Hungary in 1891-1914. I analyse the cartel formation prior to 1891 that was enabled by an excise tax. The cartel started with simple annual quotas and - despite breakdowns - learned to adapt to inventory demand, entry, internal coordination...

We examine the relationship between information and price dispersion in the retail gasoline market. We first show that the clearinghouse models in the spirit of Stahl (1989) generate an inverted-U relationship between information and price dispersion. We construct a new measure of information...

Policies to reduce the gender pay gap feature prominently on the political agenda and interventions in the labour market are frequently proposed, claiming a persistent wage gap. We examine the change of the gender wage gap in Austria between 2002 and 2007 with new data from administrative...

The availability of affordable institutional child-care is increasingly discussed as an important determinant of the labour force participation of parents, particularly of mothers. This paper examines the impact of child-care costs on the employment rates of mothers with children younger than 15...

We examine the gender wage gap in Austria from 2005 to 2017 using data from EU-SILC. The raw wage gap declined from 18.6 logpoints in 2005 to 14.9 log points in 2017. We use standard decomposition techniques that correct for differences in the distributionsof human capital and other variables...

Policies to reduce the gender pay gap feature prominently on the political agenda and interventions in the labour market are frequently proposed, claiming a persistent wage gap. We examine the change of the gender wage gap in Austria between 2002 and 2007 with new data from administrative...

The availability of affordable institutional child-care is increasingly discussed as an important determinant of the labour force participation of parents, particularly of mothers. This paper examines the impact of child-care costs on the employment rates of mothers with children younger than 15...