Labor force participation rates of mothers in Austria and Germany are similar, however full-time employment rates are much higher among Austrian mothers. In order to find out to what extent these differences can be attributed to differences in the tax transfer system, we perform a comparative...

This paper discusses the problem of crowding out of insurance by co-existing governmental relief programs - so-called 'charity hazard' - in a context of different institutional schemes of governmental relief in Austria and Germany. We test empirically whether an assured partial relief scheme (as...

Density forecasts have become quite important in economics and finance. For example, such forecasts play a central role in modern financial risk management techniques like Value at Risk. This paper suggests a regression based density forecast evaluation framework as a simple alternative to other...

The main characteristic of the implementation of the European Monetary Union (EMU) is the transition from various national currencies to the Euro, the common European currency. A final fixing of the individual bilateral exchange rates of all European countries involved in the Monetary Union...

Dem Neugründungsgeschehen in Dienstleistungsbranchen wird oft zugeschrieben, dass es einen wesentlichen Beitrag zum Strukturwandel zu einer wissensorientierten Wirtschaft leistet. Die hier vorliegende Arbeit untersucht die regionstypenspezifischen Unterschiede und Gemeinsamkeiten im...

In this paper, we present the basic ideas, the design and some key results of an ongoing research project on the transformation of the national political space in Western Europe. We start from the assumption that the current process of globalization or denationaliza-tion leads to the formation...

This paper uses the findings of a very recent major international research collaboration on the impact of federal arrangements on the development of the welfare state to explore the possibilities of progress beyond Europe's present diversity of nation-state welfare standards. These findings -...