There are several narratives connecting the financial crisis - as well as the Great Depression of the 1930s - with the functional or personal income distribution and its pre-crisis movements. The paper investigates whether this claim can be supported with evidence showing that the crisis was...

There are several narratives connecting the financial crisis - as well as the Great Depression of the 1930s - with the functional or personal income distribution and its pre-crisis movements. The paper investigates whether this claim can be supported with evidence showing that the crisis was...

The paper characterises a number of welfare state models in the tradition of Esping-Andersen, analysing the economic and social performance of these different welfare regimes on an encompassing empirical basis both in the long run and with respect to their adaptability to the challenges of the...

In 2007, a working hour cost Austrian manufacturers 29.90 €, 7.8 percent more than the average of the other EU-15 countries. This amount consists of a wage share of 15.88 € plus 14.02 € in non-wage labour costs. At 88.3 percent, the incidental costs were slightly lower than in the previous...

After having stagnated on average during the second half of the eighties unit labour costs in the Austrian manufacturing industry rose by 1.6 percent in 1991. Still, Austria's relative labour cost position in an international comparison improved as wages and salaries rose faster in competitor...

In all industrialized countries demographic trends necessitate a reform of the provision of retirement income. The rise in the population of pension age relative to the working-age population (the old-age dependency ratio) puts considerable strain on existing public pension systems.

The study was designed to project the effect which raising the women's retirement age to that of men will have on the old-age dependency ratio and on the financial management of the pension insurance scheme for the dependently employed (ASVG). The WIFO pension model was used, first, to simulate...

Over the past decades, inequality in income distribution has continued to grow both among wage/salary earners themselves and between the dependently employed and the groups obtaining earnings from property ownership or entrepreneurial activities. Pivotal causes for such inequality are the...