WIFO Working Papers

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154: Macroprudential Financial Regulation and Monetary Policy

Franz Hahn

153: How to Design an Optimal Rate Covenant in a Standard Debt Contract. An Application of the Risk-Sharing Paradigm

Franz Hahn

152: International Outsourcing and the Productivity of Low-skilled Labour in the EU

Hartmut Egger and Peter Egger

151: International Outsourcing and the Skill-Specific Wage Bill in Eastern Europe

Peter Egger and Robert Stehrer

150: The Impact of Agenda 2000's Structural Policy Reform on FDI in the EU

Fritz Breuss, Peter Egger and Michael Pfaffermayr

149: Europe and the Industrial Revolution

Felix Butschek

148: Is Austria's Balanced Budget Stable?

Peter Brandner, Helmut Frisch and Eva Hauth

147: The "Employment Double Dividend" of Environmental Tax Reform: An Open Question?

Kurt Kratena

146: What Follows Tertiarisation? Structural Change and the Role of Knowledge-based Services

Michael Peneder, Serguei Kaniovski and Bernhard Dachs

145: On the Structural Dimension of Competitive Strategy

Serguei Kaniovski and Michael Peneder

144: Real Trade Costs, Fragmentation and Employment

Kurt Kratena and Michael Wüger

143: Macroeconomic Effects of EU Enlargement for Old and New Members

Fritz Breuss

142: How International Outsourcing Drives up Eastern European Wages

Hartmut Egger and Peter Egger

141: An Econometric View on the Estimation of Gravity Models and the Calculation of Trade Potentials

Peter Egger

140: Profitability and Price Effects of Technical Currency Trading

Stephan Schulmeister

139: Cross Border Outsourcing: A General Equilibrium Perspective and Evidence for Outward Processing in EU Manufacturing

Hartmut Egger and Peter Egger

138: Transportation Costs in a Multilateral World. Assessing the Poolability of Gravity Data

Peter Egger

137: Fiscal Policy in the Small Open Economy within the Framework of Monetary Union

Markus Marterbauer and John Smithin

136: Die Entwicklung des Arbeitsvolumens und der Arbeitsproduktivität nach Branchen

Gudrun Biffl

135: Prices and Factor Demand in an Endogenized Input-Output Model

Kurt Kratena

134: Die unterschiedliche Wachstumsdynamik in den USA und Deutschland in den neunziger Jahren

Stephan Schulmeister

133: Export Orientation, Foreign Production, and the Growth of Medium Sized and Large Manufacturing Firms

Michael Pfaffermayr

132: On the Problem of Endogenous Unobserved Effects in the Estimation of Gravity Models

Peter Egger

131: The Transition to the Single Market in the German Insurance Industry

Bernhard Mahlberg and Thomas Url

130: Economic Integration in Trade and FDI. Dynamic Considerations of Potentials and Adjustment

Peter Egger

129: European Exports and Outward Foreign Direct Investment. A Dynamic Panel Data Approach

Peter Egger

128: Demand Shifts, Labour Mobility and Unemployment Persistence

Kurt Kratena

127: Convergence in Structure and Productivity in European Manufacturing?

Klaus Gugler and Michael Pfaffermayr

126: Motives for Firm Diversification. A Survey on Theory and Empirical Evidence

Wolfgang Briglauer

125: Insider und Outsider, Inländer und Ausländer: Wo sind die Grenzen?

Gudrun Biffl

124: Der Krankenstand in Österreich und sein Effekt auf das Arbeitsvolumen

Gudrun Biffl

123: Conjectural Variation Models and Supergames with Price Competition in a Differentiated Product Oligopoly

Michael Pfaffermayr

122: Employment in Domestic Plants and Foreign Affiliates: A Note on the Elasticity of Substitution

Michael Pfaffermayr

121: Regional Differences in Unemployment and the Labor Supply Decision

Harald Badinger and Thomas Url

120: Economic Integration, Specialisation and the Location of Industries. A Survey of the Theoretical Literature

Yvonne Wolfmayr

119: Estimating the Economic Effects of Immigration in a Not Strictly Segmented Labor Market. The Case of Germany and Austria

Wolfgang Pollan

118: Der Zusammenhang zwischen Benzin- und Rohölpreis. Analyse mit Hilfe von Transferfunktionsmodellen bzw. Fehlerkorrekturansätzen

Michael Wüger

117: Poland's Accession to the European Union: Demand for Protection of Selected Sensitive Products

Jarko Fidrmuc, Peter Huber and Jan Michałek

116: Do Industrial Structures Converge? A Survey on the Empirical Literature on Specialisation and Concentration of Industries

Karl Aiginger

115: Institutional Continuity and Economic Growth – The Case of Austria

Felix Butschek

114: Intangible Investment and Human Resources. The New WIFO Taxonomy of Manufacturing Industries

Michael Peneder

113: Economic Policy Coordination in the EMU. How Much Scope will There be Within the Framework of the Stability and Growth Pact?

Fritz Breuss and Andrea Weber

112: WIFO-Wirtschaftsindikatoren für das Euro-Währungsgebiet

Franz Hahn and Christa Magerl

111: Inter-Fuel Substitution, Energy Demand and Embodied Technical Change

Kurt Kratena

110: Sectoral Analyses and Case Studies on the Diffusion and Utilisation of ICT in Austria. Banking, Mechanical Engineering, Textile and Clothing

Norbert Knoll

109: A Note on Labor Productivity and Foreign Inward Direct Investment

Peter Egger and Michael Pfaffermayr

108: A Note on the Proper Econometric Specification of the Gravity Equation

Peter Egger

107: Post-Keynesian Economic Policy in Austria and Sweden. The Employment Record in a Changing International Environment

Markus Marterbauer

106: Globalization Without Global Money. The Double Role of the Dollar as National Currency and as World Currency and its Consequences

Stephan Schulmeister

105: Regularity and Cointegration in Demand Systems

Kurt Kratena and Michael Wüger