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and GDP growth. This study investigates to what extent this ranking reflects the taxation-growth relationship in Austria … labor taxes, including social security contributions, negatively affects the growth potential in Austria. The relative share … of revenues from property taxes, which, according to the OECD survey, hamper economic growth least, is lower in Austria …
Persistent link: https://www.econbiz.de/10005627551
We consider strategic trade policy when two firms from two different countries that start out with different production costs compete in prices in a third country, and technology transfer between the two firms is possible through technology licensing. We find that optimal policy when technology...
Persistent link: https://www.econbiz.de/10011208934
This paper examines the endogenous choice problem of each firm's price or quantity contract in a mixed duopoly composed of one social welfare maximizing public firm and one relative profit-maximizing private firm. In this paper, we show that unless the degree of product differentiation and the...
Persistent link: https://www.econbiz.de/10011116961
Substantial data revisions have shown that the U.S. recession in 2008 to 2009 was far more pronounced than originally estimated, and that the recovery has been slower than previously assumed. Leading indicators signal that growth will stay weak in the second half of 2011. With key interest rates...
Persistent link: https://www.econbiz.de/10011015353
Households, financial intermediaries and ultimately even businesses all rely on savings deposits. On the one hand, savings deposits constitute a central pillar of precautionary saving; they play an important role in individual saving for old age and provide a financial buffer against unexpected...
Persistent link: https://www.econbiz.de/10011015361
on the euro for Austria and partly also for the euro area. Essentially, the period following the introduction of euro … the euro is here to stay. People in Austria and in the euro area reported hardly any difficulties in the day-to-day use of …
Persistent link: https://www.econbiz.de/10011015373
partly due to tourism but above all to the physical shipment of euro cash from countries outside monetary union into Austria …. This central bank money, which comes to Austria as cash, leaves the country in cashless form, causin an equivalent increase …
Persistent link: https://www.econbiz.de/10011015378
Indicator signals a stabilization of Austria’s economy for the first half of 2012. Despite the high employment growth recorded …
Persistent link: https://www.econbiz.de/10011015392
Persistent link: https://www.econbiz.de/10009220121
Switzerland and Austria, two small, open economies, have emerged fairly unscathed from the financial and economic … and its specialization on/in products that are fairly robust to cyclical fluctuations. Like in Austria, a stable labor …
Persistent link: https://www.econbiz.de/10009220122