In this paper we make an attempt to extend the WIFO trade-weighted exchange rate index (TWI_ER) by computing export-weighted exchange rate indices for eight Austrian manufacturing industries covering the period from 1995 to 2005. The TWI_ER by manufacturing industries improves upon the previous...

Efforts concentrate on developing the institutional structure which will govern European monetary policy while securing a suitable level of independence. The strong emphasis on independence begs the question of the extent to which accountability can be safeguarded, which is of vital importance...

In this paper we make an attempt to extend the WIFO trade-weighted exchange rate index (TWI_ER) by computing export-weighted exchange rate indices for eight Austrian manufacturing industries covering the period from 1995 to 2005. The TWI_ER by manufacturing industries improves upon the previous...

This article deals with the importance of corporate citizenship for the attractiveness of a modern, competitive location of business activities. Empirical evidence supports the hypothesis that within internationally active business firms, departments with high value-added and departments with...

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...