Innovation – the development of new products and services as well as the application of new technologies – is widely assumed to be an important strategy for securing or improving competitiveness, growth and welfare. It is also a central strategy of regional development and the EU's cohesion...

This paper analyzes the period 1867-79 in American economic history from an "Austrian" perspective. The post-Civil War boom, the Panic of 1873, and the subsequent downturn are investigated in light of Austrian Business Cycle Theory (ABCT) and its structure of production framework. This paper...

The measures taken to limit the spread of the COVID-19 virus, which at the same time severely restrict economic activity in many countries, have consequences not only on unemployment, trade, production, income and value added, but also on the environment. This analysis examines the effects on...

Die vorliegende Ex-ante-Analyse untersucht die konjunkturellen, fiskalischen und verteilungspolitischen Wirkungen der im Zuge der COVID-19-Krise beschlossenen Maßnahmen zur Stützung der Einkommen und der Investitionstätigkeit auf drei aufeinander aufbauenden Ebenen: der Mikro-, Makro- und...

The paper analyses the economic policy-making in the first phase of the epidemic in five Central Europe countries, Austria, Czechia, Hungary, Slovakia and Slovenia, whose economic structure is characterized by strong export orientation. We focus on the participatory character of the governments'...