Analyzing data from the Structure of Earnings Surveys we find that wage dispersion in Austria increased marginally between 1996 and 2002. There was an increase in the returns to education which accrued only to male workers. The positive effects of tenure and especially of experience on wages...

This article studies the asset pricing and the business cycle implications of habit formation in a production economy with capital adjustment costs and endogenous labor supply. A specification of internal habit in the mix of consumption and leisure which minimizes the wealth effect on labor...

This paper investigates the relationship between government debt and labour taxation for a panel of 18 EU countries over the period 1979-2008. The econometric estimates point to a statistically significant and economically relevant positive response of labour taxation to changes in the general...

Current Issues The Current Issues series, formerly Frankfurt Voice, treats economic and societal topics of fundamental importance. Currently, the main focus is on issues such as global growth centres, questions and problems relating to demographic developments world-wide, as well as China's and...

The European Year 2012 was, to a certain extent, a framework for raising awareness of the contribution that older people make to society and mobilising stakeholders and policymakers at all levels to promote active ageing and solidarity between generations.To coordinate its activities during the...

This publication gives an overview of the most important demographic developments in the EU Member States, candidate countries, EFTA countries as well as some EU neighbourhood countries. Information is provided by the national statistical institutes and covers the main demographic issues on...

Demographic and social changes in the European Union in the last decades have led to a significant increase in the number of single households and in women living alone. Modern welfare systems only partially respond to the needs of women living alone. Across Europe the different welfare systems...