This report provides the first results of the Eurosystem Household Finance and Consumption Survey (HFCS) for Austria. The HFCS covers households’ real assets, financial assets and debt, thereby for the first time allowing an analysis of Austrian households’ net wealth. The rich data on which...

This study analyzes the results of the OeNB’s methods-of-payment survey of fall 2011 and compares them with the results of similar surveys from the years 1996, 2000 and 2005. The rapid development of cashless payment options in the 15 years that have passed between the first and last analyzed...

Microeconomic data on households are providing increasingly important information for many economic policy issues. This study presents the results of a survey conducted by the Oesterreichische Nationalbank on Austrian households’ financial wealth. The descriptive presentation of household...

As real estate inheritances are an important component of Austrian households’ assets, they are relevant for monetary policymaking and for the maintenance of financial stability. 20% of Austrian households have inherited real estate wealth, with some 2% of all households accounting for around...

This study presents the results of a survey conducted in fall 2005 on the payment habits of Austrian households, comparing its findings with those of similar surveys carried out in 1996 and 2000. The focus is to analyze changes in the use of payment means over time and, on this basis, to assess...

Maintaining and improving competitiveness is one key goal of economic policy. In the short run, it is primarily price and cost developments as well as exchange rate changes that have the biggest impact on the development of an economy’s competitiveness. The competitiveness of Austrian...

This paper contributes to the ex post assessment of macroeconomic effects triggered by the 2004 and 2007 wave of EU enlargement, with a specific focus on factor trade, i.e. the crossborder mobility of labor and capital. While most of the potential for trade in goods and for foreign direct...

Austria has been a member of the EU for ten years now. Although accession to the EU would have been economically feasible much sooner, for political reasons, in particular, it had to wait until the end of the Soviet era. On balance, this has been quite a positive decade, though so many relevant...

Real estate holdings, i.e. housing wealth and estates in land account for the majority of assets owned by Austrian households. At the same time, the associated mortgage loans constitute the bulk of households’ liabilities. Therefore, detailed data on real estate holdings and real estate...