Since 1989 Austria's economic activities in Central and Eastern Europe has intensified quite rapidly. Austria has not only achieved a high surplus in its balance of trade throughout the period 1990-96, it has also improved its foreign direct investment activities in these countries. The regional...

We employ 2011 European Union Survey on Income and Living Conditions (EU-SILC) data for Austria to perform Markovian mobility matrix analysis and uni- and multivariate econometric analysis to study intergenerational educational mobility by gender and migration background. We find that the...

The persistence of socioeconomic outcomes across generations acts as a barrier to a society’s ability to exploit its resources efficiently. In order to derive policy measures which aim at accelerating intergenerational mobility, we review the existent body of research on the causes, effects...

First paragraph: With the death of Kurt W. Rothschild on 15 November 2010 at the age of 96, Austria has lost, without doubt, one of her most thoughtful and original economic thinkers of the past century. He has been contributing to economics through a large number of publications in several...