The WIFO Business Cycle Survey serves as an important early-indication tool for the economic situation in Austria. Using a Markov regime-switching model, it is possible to determine at an early point in time whether the business cycle is in its upward or downward mode. Regime probabilities are...

"We examine the gender wage gap in Austria using new matched employer-employee data from 2007. We estimate quantile regressions and investigate the gender wage gap at the conditional wage distribution of men and women. We decompose the gender wage gap into the parts which are due to different...

WIFO has been conducting its Business Cycle Survey since 1954. Today, some 1,600 businesses, with altogether more than 200,000 employees, are participating in the survey. The findings of the survey are analysed to obtain leading indicators of the state of the Austrian economy. The analysis shows...

"We examine the gender wage gap in Austria using new matched employer-employee data from 2007. We estimate quantile regressions and investigate the gender wage gap at the conditional wage distribution of men and women. We decompose the gender wage gap into the parts which are due to different...

In 2013, the cash-flow-to-sales ratio of the Austrian manufacturing sector reached an estimated 9.0 percent, a value significantly below the long-run average of 9.6 percent. The persistently muted performance of the manufacturing sector has affected the cash-flow-to-sales ratio, which declined...

We examine the gender wage gap in Austria using new matched employer-employee data from 2007. We estimate quantile regressions and investigate the gender wage gap at the conditional wage distribution of men and women. We decompose the gender wage gap into the parts which are due to different...

While the volatility of job creations has been studied extensively, the survival chances of new jobs are less researched. The question when and how to expand a firm is of importance, both from the firms and from a macro perspective. Adjustment cost theories and arguments about option values of...

In the wake of monetary integration in Europe, Austria abandoned the tested hard currency policy (HCP) for joining EMU as a member. The final target of monetary policy and real sector adjustment needs are similar in both regimes, and the HCP may therefore be viewed as a convenient "training...

Die wirtschaftlichen Zusammenhänge rund um das Entstehen des europäischen Währungssystems bilden den Hintergrund für eine Untersuchung der Parallelen und Unterschiede in der Währungspolitik Deutschlands und Österreichs. Dabei wird auf die Hauptlinien des Ringens um die währungspolitische...