The main research question of this dissertation is whether factors other than labor productivity can help to explain short-run fluctuations and medium-run trends in unemployment in Austria respectively Western Continental Europe. In the part on analyzing short-term-fluctuations I will set up a...

This study analyses the extent of fiscal risk sharing and redistribution for Austria from 2000 to 2019. Overall, fiscal policy smooths about one tenth of regional GDP shocks. While this is primarily driven by the federal budget and social security funds, there is also a significant contribution...

The economic crisis of 2008-09 has greatly compounded the challenge of economic policymaking both at the EU level and at the national level by causing a permanent loss in potential output – which may reach between 4 per cent and 6 per cent in the case of Austria (Gaggl and Janger, 2009) –...