By studying the factors underlying differences in trade performance across European economies, this paper derives six different "trade models" for 22 EU-countries and explores their developmental and distributional implications. We first introduce a typology of trade models by clustering...

This paper analyzes the dynamics of structural polarization and macroeconomic divergence in the context of European integration, where the latter is understood primarily as an increase in economic and financial openness. In the process of estimating the dynamic effects of such an openness shock...

This paper analyzes developmental trajectories in the EU. In doing so, it diagnoses economic polarization on two different levels: for one, we observe a divergence of average incomes across EU countries as a persistent empirical feature associated with European integration. For another, European...

This paper analyzes the performative impact of the European Commission's model for estimating ‘potential output', which is used as a yardstick for measuring the ‘structural budget balance' of EU countries and, hence, is crucial for coordinating European fiscal policies. In pre-crisis years,...

Diese Studie liefert eine deskriptive Analyse der Verteilung von klimaschutzrelevanten direkten staatlichen Förderungen (Klima-Förderungen) in Gesamtösterreich und im Bundesländervergleich, wobei bei letzterem Oberösterreich in den Mittelpunkt der Untersuchung rückt. Während es zur...

Das Konzept der Vollbeschäftigung ist mit verschiedenen wirtschaftlichen, politischen und sozialen Aspekten verknüpft. Wir geben einen Überblick über Theorie, Empirie und Policy-Fragen im Zusammenhang mit Vollbeschäftigung. Wir leisten einen neuen Beitrag, indem wir mehrdimensionale Aspekte...

This paper analyzes developmental trajectories in the EU. In doing so, it diagnoses economic polarization on two different levels: for one, we observe a divergence of average incomes across EU countries as a persistent empirical feature associated with European integration. For another, European...

The debate on the cyclical adjustment procedure of the debt brake has focused on problems with regards to potential output. The second key determinant of the cyclical budget component, however, has been neglected: the semi-elasticity of the budget balance, which measures the response of federal...

Während der Klimawandel schon länger eine grüne Wende unseres Wirtschaftens verlangt, beschleunigt die aktuelle Energiekrise die Dringlichkeit für eine Umstellung der Energie- und Transportsysteme. Die Recovery and Resilience Facility (RRF), welche zur wirtschaftlichen Abfederung der...