The papers in the present SUERF Study is a selection of the papers presented at a SUERF Workshop and Special OeNB East Jour Fixe held at Oesterreichische Nationalbank in Vienna on 23 January 2009. In his opening remarks (chapter 2), Ewald Nowotny, Governor of the Oesterreichische Nationalbank...

On February 12, 2010, SUERF, the Oesterreichische Nationalbank and the Bankwissenschaftliche Gesellschaft continued their established tradition of jointly organised conferences. As evidenced also by the 115 conference participants, this year's subject of "Contagion and Spillovers – New...

The current financial, economic and fiscal crisis is among other things characterised by complex interrelations between financial, fiscal, macroeconomic and political instability. One instability breeds another, with feedback loops generating self-reinforcing adverse cycles: The financial crisis...

In March 2013 around 130 participants from academia, banking and finance, governments and central banking gathered at the premises of the OeNB in Vienna for a conference jointly organized by the European Money and Finance Forum SUERF, the OeNB and the Austrian Society for Bank Research to...

The contribution will consist of two parts. The first part will demonstrate the contrast between the great and increasing importance of geographic factors for economic development and the small and decreasing attention mainstream economic theory paid to spatial aspects until recently. It thereby...

The savings measures of private households currently exceed the limited financing needs of companies around the world, and the difference is reflected in an increase in sovereign debt. In the EU, over the last two and a half decades non-financial corporations recorded funding surpluses in one...

The unusually rapid economic growth during the second quarter of the previous century led to a marked reduction of sustained exclusion and discrimination against groups of persons. However, in the 1980s and 1990s, growth rates in industrialised countries began to drop; the different types of...

European integration was and is a success programme. It was possible to successfully cope with the challenges of globalisation, to perform better than the United States in international competition, defending the European model of social security and inclusion while keeping pace in terms of per...

The Magic Polygon and the Trade-Off-Analysis For the economic policy of most countries, the magic polygon seems to be regarded as the desirable leitmotif. But do economic policy measures actually pursue such objectives, and what weight do they assign to them? Questions of this nature resulted in...