Based on Austria's fiscal stance in 1995, we compute the generational accounts for currently living as well as future generations. The results reveal the existence of an enormous intergenerational imbalance in favor of currently living generations. Total public sector liabilities may be more...

The labor market effects of pension reform stem from retirement behavior and from job search and hours worked of prime age workers. This paper investigates the impact of four often proposed policy measures for sustainable pensions: strengthening the tax benefit link, moving from wage to price...

Globalisation has been associated with increased international mobility of capital but less so of labour partly because of legal restrictions. In theory, labour mobility and trade are generally substitutes in respect of tradeable goods and services. There are, however, also instances of...

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...

The Common Agricultural Policy (CAP) was fundamentally reformed in 2003. From 2005 on, farmers will receive decoupled income support payments instead of production premiums if basic standards for environment, food safety, animal health and welfare are met. Farmers will likely adjust production...