We provide empirical evidence on the degree and characteristics of price rigidity in Austria by estimating the average frequency of price changes and the duration of price spells from a large data set of individual price records collected for the computation of the Austrian CPI.

The evolution of higher moments of the firm size distribution so far seems to be neglected in the empirical firm growth literature. Based on GMM estimates, this paper introduces simple Wald tests to investigate whether the firm size distribution converges in both the second and third central...

DSGE (Dynamic stochastic general equilibrium) models are the common workhorse of modern macroeconomic theory. Whereas story-telling and policy analysis were in the forefront of applications since its inception, the forecasting perspective of DSGE models is only recently topical. In this study,...

There are marked differences in health conditions of the Austrian population by socioeconomic status, gender, age, education, occupation and income as well as by nationality. The low educational attainment of migrants, their concentration in particular occupations and industries and their...

There are considerable differences in the incidence of sickness, the pattern of diseases and the duration of episodes of sickness by age, gender, education and employment status. Employed have a significantly better health record than the unemployed. The question why this should be so is...