Advanced industrial countries have been exhibiting a steady decline of the labor income shares in the last two decades … free trade on the income distribution are unambiguous in a Heckscher-Ohlin world with two countries, two goods and two … which influences on the development of the labor income shares are at work. Globalization, measured by revealed comparative …

. The model captures the most salient features of Austria as a small open economy, the Euro Area (EA) and the United States …, whereas in the latter, the monetary policy of Austria is fully aligned with the European Central Bank. Main results are … derived from Bayesian estimation and simulation of the estimated model. Welfare calculations from the estimated model suggest …

the EMU and investigates in how far this has altered macroeconomic transmission. We find that Austria's economy appears to … estimations on pre-EMU and EMU subsamples we find that the contribution of (rest of the) Euro Area shocks to Austria's business …

models in the case of Austria's recession in 2009. For this purpose, 8 DSGE models with different characteristics (small and …

We estimate the pro-competitive effects of Austria's participation in the Single Market after its EU accession in 1995 …, covering the period 1978 to 2001. In the framework of the markup estimation method suggested by Roeger (1995), we test for both …