In this paper, we analyze the development of public consumption expenditure in Austria starting in the 1940s. We focus our attention on two hypotheses as to why public consumption expenditure has been constantly increasing: Wagner's law and Baumol's cost disease. The estimated income elasticity...

Die Verlagerung der Bochumer Produktion des Handyherstellers Nokia nach Rumänien hat in der Öffentlichkeit für erhebliches Aufsehen gesorgt.Die Ausarbeitung, die auf einem Gutachtenauftrag beruht, untersucht normativ unter Einbeziehung der Faktenlage, wie zeit- und kostenaufwändig eine...

We study the impact of the Austrian Employment Act for the Disabled which grants extended employment protection, requires a hiring quota for firms, and subsidizes the employment of severely disabled (SD) workers. Using a large sample of eligible individuals we compare workers before and after...