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In this paper we evaluate the impact of the old-age part-time scheme (OAPT) on the Austrian labour market which was a policy to allow flexible retirement options for the elderly with an aim to increase labour supply. According to our matching estimates employment probability increases slightly,...
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This paper documents that changes in assortative mating patterns over the last four decades along the dimensions of age, ethnicity and religion are not responsible for the increasing marital stability in Austria. Quite the contrary, without the rise in the age at marriage, divorce rates would be...
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Basu (2006) argues that the prevalence of 99 cent prices in shops can be explained with rational consumers who disregard the rightmost digits of the price. This bounded rational behaviour leads to a Bertrand equilibrium with positive markups. We use data from an Austrian price comparison site...
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