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Lahiri, Ashok - 1991

Yugoslav inflation unfolded as a classic wage-price-exchange rate spiral through the 1970s and 1980s and exploded into hyperinflation in the last quarter of 1989. This paper examines the process of monetary accommodation of inflation, the behavior of demand for money, and the interaction between...

Persistent link: https://www.econbiz.de/10014396351

A destination-based allowance for corporate equity

Hebous, Shafik; Klemm, Alexander - 2018

Following renewed academic and policy interest in the destination-based principle for taxing profits-particularly through a destination-based cash flow tax (DBCFT)-this paper studies other forms of efficient destination-based taxes. Specifically, it analyzes the Destination-Based Allowance for...

Persistent link: https://www.econbiz.de/10011932507

Allowances for Corporate Equity in Practice

Klemm, Alexander - 2006

the recent past, ACE systems have been used in Austria, Croatia, and Italy. Brazil still applies a variant of such a …

Persistent link: https://www.econbiz.de/10014400269

From Generosity to Sustainability : The Austrian Pension System and Options for its Reform

Thimann, Christian - 1997

Austria has probably the world’s highest pension expenditures relative to its economic size, largely because of the …

Persistent link: https://www.econbiz.de/10014400309

Explaining Efficiency Differences Among Large German and Austrian Banks

Hauner, David - 2004

Cost-efficiency, scale efficiency, and productivity change are estimated by data envelopment analysis; and cost-efficiency is regressed on explanatory variables. No evidence is found for average productivity responding to deregulation over the period studied. State-owned banks are found to be...

Persistent link: https://www.econbiz.de/10014401366

Medium-Term Budgetary Frameworks : Lessons for Austria From International Experience

Lundbäck, Erik J. - 2008

The Austrian government is about to introduce a new fiscal management framework. The first step is to introduce a medium-term budgetary framework, including an expenditure rule. The paper focuses on this first step. The purpose is to describe and evaluate the Austrian model in light of other...

Persistent link: https://www.econbiz.de/10014401747

Population Aging and Long-Term Fiscal Sustainability in Austria

Eskesen, Leif Lybecker - 2002

Austria faces significant population aging. This will increase public spending on pensions, health care, and long …-term care, while tax and social security revenues will fall. This paper analyzes the fiscal burden facing Austria due to aging … and the policy steps necessary to address it. The paper finds that Austria is not well prepared to meet the fiscal burden …

Persistent link: https://www.econbiz.de/10014399726

The Dissolution of the Austro-Hungarian Empire : Lessons for Currency Reform

Spencer, Michael G. - 1992

This paper investigates the currency reforms undertaken subsequent to the dissolution of the Austro-Hungarian Empire in 1918. The reforms were motivated by the lack of coordination of monetary policy and the absence of a rule for sharing seigniorage. Because the Successor States’ reforms were...

Persistent link: https://www.econbiz.de/10014398287

Trade and financial spillover on Hong Kong SAR from a downturn in Europe and Mainland China

N'Diaye, Papa M'B. P.; Ahuja, Ashvin - 2012

Persistent link: https://www.econbiz.de/10009572370

An integrated framework for financial positions and flows on a from-whom-to-whom basis : concepts, status, and prospects

Shrestha, Manik; Mink, Reimund; Fassler, Segismundo - 2012

Persistent link: https://www.econbiz.de/10009572517

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