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...

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...

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...

At the center of this study is the identification of the empirically and, thus, policy relevant causes of financial contraction. Our focus is on identifying the "pure" credit-limiting supply effect in order to assess its importance as it is claimed in the theoretical literature.