October 2015 - NOeG-l - Wirtschaftsuniversität Wien

Stellenausschreibung an der Universität Salzburg
by Hannes Winner 22 Oct '15

22 Oct '15

Sehr geehrte Kolleginnen und Kollegen, ab 1. März 2016 ist an der Universität Salzburg eine volkswirtschaftliche Doktorand/innenstelle zu besetzen. Ich wäre Ihnen sehr dankbar, wenn Sie beiliegenden Ausschreibungstext (Mitteilungsblatt der Universität Salzburg vom 21.10.2015) an interessierte Bewerberinnen und Bewerber weiterleiten könnten. Die Ausschreibungsfrist endet am 11. November 2015. Anfragen richten Sie bitte per EMail an Prof. Dr. Hannes Winner: hannes.winner(a)sbg.ac.at Mit besten Grüßen Hannes Winner -- Hannes Winner Professor of Economics University of Salzburg Residenzplatz 9 5010 Salzburg (Austria) T +43 (0)662 8044-3703 F +43 (0)662 8044-623 E hannes.winner(a)sbg.ac.at H www.uni-salzburg.at/sowi/winner

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REMINDER Invitation: Joint Vienna Macro Seminar (Oct 27): Lien Laureys
by Economics Department 22 Oct '15

22 Oct '15

[cid:image002.png@01D10CBD.4C1175E0][cid:image003.png@01D10CBD.4C1175E0] JOINT VIENNA MACROECONOMICS SEMINAR INVITATION R E M I N D E R The Joint Vienna Institute and the Department of Economics and Finance at the Institute for Advanced Studies cordially invite you to the following Joint Vienna Macroeconomics Seminar <http://www.ihs.ac.at/vienna/resources/Economics/Papers/20130226_Paper_Zimme…> Tuesday, October 27, 2015 Attention - New Address Institute for Advanced Studies Josefstädter Straße 39, 1080 Vienna Lecture Room E02, ground floor 5:00 pm Lien Laureys<http://www.bankofengland.co.uk/research/Pages/economists/staff/lien_laureys…> Bank of England <http://economics.ucsc.edu/faculty/singleton.php?&singleton=true&cruz_id=hut…> Optimal monetary policy in the presence of human capital depreciation during unemployment<https://www.ihs.ac.at/fileadmin/public/ecofin_teaching/Seminars/20151027_La…> Abstract: When workers are exposed to human capital depreciation during periods of unemployment, hiring affects the unemployment pool's composition in terms of skills, and hence the economy's production potential. Introducing human capital depreciation during unemployment into an otherwise standard New Keynesian model with search frictions in the labour market leads to the finding that the flexible-price allocation is no longer constrained-efficient even when the standard Hosios condition holds. This is because it generates a composition externality in job creation: firms ignore how their hiring decisions affect the extent to which the unemployed workers' skills erode, and hence the output that can be produced by new matches. Consequently, it might be desirable from a social point of view for monetary policy to deviate from strict inflation targeting. But quantitative analysis shows that although optimal price inflation is no longer zero, strict inflation targeting stays close to the optimal policy. We are looking forward to seeing you! Institute for Advanced Studies Department of Economics and Finance Josefstädter Straße 39, 1080 Vienna, Austria Tel.: +43 1 599 91 145 e-Mail: economics(a)ihs.ac.at<mailto:economics@ihs.ac.at> http://economics.ihs.ac.at<http://economics.ihs.ac.at/> LINKS DIRECTIONS TO IHS on Google maps<https://www.google.at/maps/place/Institut+f%C3%BCr+H%C3%B6here+Studien/@48.…> JOINT VIENNA MACRO SEMINAR<https://www.google.com/calendar/embed?src=6h1m59s6inkmo4ppa30s4itb6k%40grou…> on Google calendar<https://www.google.com/calendar/embed?src=6h1m59s6inkmo4ppa30s4itb6k%40grou…> ECONOMICS SEMINARS <https://www.google.com/calendar/embed?src=o7e40khrmr1vn2lo20mhbe539g%40grou…> IN VIENNA<https://www.google.com/calendar/embed?src=o7e40khrmr1vn2lo20mhbe539g%40grou…> on Google calendar<https://www.google.com/calendar/embed?src=o7e40khrmr1vn2lo20mhbe539g%40grou…> [cid:image008.jpg@01CEA8B6.39ACE730]<http://economics.ihs.ac.at/> [JVI_2011]<http://www.jvi.org/> [http://www.ihs.ac.at/vienna/resources/Economics/Others/FB-f-Logo__blue_512.…]<https://www.facebook.com/IHS.Economics.and.Finance>IHS Department of Economics and Finance<https://www.facebook.com/IHS.Economics.and.Finance> [http://www.ihs.ac.at/vienna/resources/Economics/Others/twitter-bird-white-o…]<https://twitter.com/IHS_Eco_Fin>Dept of Economics and Finance @IHS_Eco_Fin<https://twitter.com/IHS_Eco_Fin> [http://www.ihs.ac.at/vienna/resources/Economics/Others/twitter-bird-white-o…]<https://twitter.com/IHS_Vienna>Institute for Advanced Studies @IHS_Vienna<https://twitter.com/IHS_Vienna> Diese Zusendung erfolgt entsprechend den Bestimmungen des TKG 247107. Sollten Sie keine weiteren Zusendungen wuenschen, senden Sie uns bitte eine kurze Mitteilung an: economics(a)ihs.ac.at<mailto:economics@ihs.ac.at>. If you do not want to receive our mailings please send an e-mail to: economics(a)ihs.ac.at<mailto:economics@ihs.ac.at>. Also sent to noeg-l(a)wu.ac.at<mailto:noeg-l@wu.ac.at> (https://mailman.wu.ac.at/mailman/listinfo/noeg-l.)

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Invitation: Vienna Joint Economics Seminar (Oct 29): Nezih Guner and Kenichi Ueda
by Economics Department 21 Oct '15

21 Oct '15

[cid:image002.png@01CEBF6B.D0B28790] VIENNA JOINT ECONOMICS SEMINAR INVITATION The University of Vienna and the Department of Economics and Finance at the Institute for Advanced Studies cordially invite you to the following Vienna Joint Economics Seminar <http://www.ihs.ac.at/vienna/resources/Economics/Papers/20130226_Paper_Zimme…> Thursday, October 29, 2015 Attention - New Address Institute for Advanced Studies Josefstädter Straße 39, 1080 Vienna Lecture Room E02, ground floor 4:00 pm Nezih Guner<http://www.barcelonagse.eu/Faculty.php?id=342> and Kenichi Ueda<https://sites.google.com/site/kenichiuedashomepage/> U Autonoma, Barcelona University of Tokyo Optimal Spatial Taxation<http://pareto.uab.es/nguner/eg_OptimalSpatialTaxation_December2014.pdf> (Nezih Guner) Abstract: We analyze the role of optimal income taxation across different local labor markets. Should labor in large cities be taxed differently than in small cities? We find that a planner who needs to raise revenue and is constrained by free mobility of labor across cities does not choose equal taxes for cities of different sizes. The optimal tax schedule is location specific and tax differences between large and small cities depends on the level of government spending and on the concentration of housing wealth. Our estimates for the US implies higher marginal rates in big cities, but lower than what is observed. Simulating the US economy under the optimal tax schedule, there are large effects on population mobility: the fraction of population in the 5 largest cities grows by 8.0% with 3.5% of the country-wide population moving to bigger cities. The welfare gains however are smaller. Aggregate consumption goes up by 1.53%. This is due to the fact that much of the output gains are spent on the increased costs of housing construction in bigger cities. Aggregate housing consumption goes down by 1.75%. paper jointly with Jan Eeckhout and Bank Competition, Job Security, and Economic Growth<https://www.ihs.ac.at/fileadmin/public/ecofin_teaching/Seminars/20151029_Ke…> (Kenichi Ueda) Abstract: We identify a new channel through which banks affect economic activity, namely, bank's monopolistic power over job security. We develop a simple theory, extending the hold-up problem associated with firm-specific investment to banks' influence over worker layoffs at distressed firms, to show how banks' power, depending on the industry, can enhance or reduce the productivity of firms. We test and confirm our predictions using quasi-natural experiments that increased employment protection and bank competition in the U.S. between the 1970s and 1990s. We find that greater employment protection increases industry output in knowledge-intensive industries, with this effect increasing with greater bank competition. paper jointly with Stijn Claessens We are looking forward to seeing you! Institute for Advanced Studies Department of Economics and Finance Josefstädter Straße 39, 1080 Vienna, Austria Tel.: +43 1 599 91 145 e-Mail: economics(a)ihs.ac.at<mailto:economics@ihs.ac.at> http://economics.ihs.ac.at<http://economics.ihs.ac.at/> LINKS DIRECTIONS TO IHS on Google maps<https://www.google.at/maps/place/Josefst%C3%A4dter+Str.+39,+1080+Wien/@48.2…> VIENNA JOINT ECONOMICS SEMINAR<https://www.google.com/calendar/embed?src=pjgnue7cg8r0m0up9v27riruic%40grou…> on Google calendar<https://www.google.com/calendar/embed?src=pjgnue7cg8r0m0up9v27riruic%40grou…> ECONOMICS SEMINARS <https://www.google.com/calendar/embed?src=o7e40khrmr1vn2lo20mhbe539g%40grou…> IN VIENNA<https://www.google.com/calendar/embed?src=o7e40khrmr1vn2lo20mhbe539g%40grou…> on Google calendar<https://www.google.com/calendar/embed?src=o7e40khrmr1vn2lo20mhbe539g%40grou…> [cid:image003.jpg@01CEBF6B.D0B28790]<http://economics.ihs.ac.at/> [cid:image004.jpg@01CEBF6B.D0B28790]<http://econ.univie.ac.at/home/> [http://www.ihs.ac.at/vienna/resources/Economics/Others/FB-f-Logo__blue_512.…]<https://www.facebook.com/IHS.Economics.and.Finance> [http://www.ihs.ac.at/vienna/resources/Economics/Others/twitter-bird-white-o…] <https://twitter.com/IHS_Eco_Fin> [http://www.ihs.ac.at/vienna/resources/Economics/Others/feed-icon-28x28.png] <http://www.facebook.com/feeds/page.php?id=177236688990366&format=atom10> Diese Zusendung erfolgt entsprechend den Bestimmungen des TKG 247107. Sollten Sie keine weiteren Zusendungen wuenschen, senden Sie uns bitte eine kurze Mitteilung an: economics(a)ihs.ac.at<mailto:economics@ihs.ac.at>. If you do not want to receive our mailings please send an e-mail to: economics(a)ihs.ac.at<mailto:economics@ihs.ac.at>. Also sent to noeg-l(a)wu.ac.at<mailto:noeg-l@wu.ac.at> (https://mailman.wu.ac.at/mailman/listinfo/noeg-l)

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Einladung Präsentation Kurswechsel 2/15: Vermögensungleichheit, Kapitalismus und Demokratie - Dienstag, 3. November 2015 / 19h - LC.0.004 Galerie
by Altzinger, Wilfried 21 Oct '15

21 Oct '15

Einladung Präsentation Kurswechsel 2/15: Vermögensungleichheit, Kapitalismus und Demokratie - Dienstag, 3. November 2015 / 19h - LC.0.004 Galerie<http://gis.wu.ac.at/index2.html?roomShow=LC.0.004%20Galerie> Vermögensungleichheit, Kapitalismus und Demokratie Seit einigen Jahren hat sich die öffentliche und wissenschaftliche Debatte über die Verteilung von Einkommen und Vermögen spürbar intensiviert und durch Thomas Pikettys Bestseller "Das Kapital im 21. Jahrhundert" weiter an Fahrt gewonnen. Die Aufbereitung neuer Datenquellen und die daraus gewonnenen Erkenntnisse waren zentral, um die extrem schiefe Vermögensverteilung in den Blickpunkt zu rücken. Doch die Fragen, die sich aus diesen empirischen Einblicken ergeben, sind fundamentaler. Wie entsteht eine solch drastische Vermögensungleichheit im Kapitalismus? Durch welche Mechanismen und Wirkungskanäle wird sie aufrechterhalten? Über welche Kanäle wirkt ungleiche Vermögensverteilung auf demokratische Prozesse? Und welche Schlussfolgerungen ergeben sich daraus für progressive Kräfte in Wirtschaftswissenschaft und -politik? Die aktuelle Ausgabe des Kurswechsels versucht eine Annäherung an diese Fragestellungen, und beleuchtet (Re-)Produktion von Vermögensungleichheit im Kapitalismus. Bei der Präsentation, diskutieren AutorInnen der Ausgabe über diese Fragen. Nähere Informationen zur Ausgabe des Kurswechsels unter: http://www.beigewum.at/kurswechsel/

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Veranstaltung "Im Dschungel des österreichischen Finanzföderalismus"
by Weis[s]er Salon 21 Oct '15

21 Oct '15

Sehr geehrte Damen und Herren, ich lade Sie herzlich zu folgender Veranstaltung ein: Mittwoch, 28. Oktober 2015 18:30 Uhr (Einlass 18:00) Palais Festetics, Kaisersaal, Berggasse 16, 1090 Wien. 18:45 Keynote Im Dschungel des österreichischen Finanzföderalismus Peter Bußjäger, Professor für Verfassungsrecht, Verwaltungsrecht und Verwaltungslehre Podiumsdiskussion Moderation: Walter Hämmerle, Wiener Zeitung Peter Brandner, Die Weis[s]e Wirtschaft Peter Bußjäger, Direktor des Instituts für Föderalismus Karoline Mitterer, KDZ Zentrum für Verwaltungsforschung Hans Pitlik, Österreichisches Institut für Wirtschaftsforschung (WIFO) Anmeldung und Details zum Programm siehe Beilage bzw. finden Sie auch hier <http://www.weissewirtschaft.at/event/im-dschungel-des-oesterreichischen-fin anzfoederalismus/> ! Mit freundlichen Grüßen Peter Brandner

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OeNB - Einladung zum VOSTA-Freitagsseminar - 30. Oktober 2015
by Event-Management 20 Oct '15

20 Oct '15

Sehr geehrte Damen und Herren! Anbei übermitteln wir Ihnen die Einladung zu einem VOSTA-Freitagsseminar von Janek Wasserman, University of Alabama mit dem Titel "Austrian Economics: echt wienerisch or Made in the USA?" Termin Freitag, 30. Oktober 2015, 11.00 Uhr Ort Geldzentrum der OeNB (OeNB II) Garnisongasse 15, 1090 Wien Veranstaltungssaal, 3. Stock Abstract This lecture examines the transition of the "Vienna School" from its pluralist origins in Austria to its "revival" in the United States. The paper chronicles how selective appropriation of Austrian ideas-primarily from Ludwig Mises and Friedrich Hayek-by free-market American activists produced a fundamentally different Austrian Economics, one which is defined by its politics as much as its economics. This paper maintains that by restoring more Austrian economists to our discussions of the school, a richer patrimony appears. It will therefore investigate the ideas of Oskar Morgenstern, Gottfried Haberler, Fritz Machlup, and others alongside those of Hayek and Mises. It also explores the dense network of affiliations around the Austrians--universities, institutes, and organizations--that made the Austrians such an intellectual force in the mid-twentieth century. The Austrian Economics that emerges from this revised picture is one that has enduring relevance not only for the economics profession, but also for our understanding of the Austrian and American past and the "neoliberal" present. Um Ihre Rückmeldung ersuchen wir bis Mittwoch, 28. Oktober 2015. Wir freuen uns auf Ihre Teilnahme und stehen für Fragen gerne zur Verfügung. Mit freundlichen Grüßen Event-Management --------------------------- Oesterreichische Nationalbank Abteilung für Öffentlichkeitsarbeit und Finanzbildung Communications and Financial Literacy Division Phone: +43-1-404 20-6620 Fax: +43-1-404 20-04 6697 E-mail: Event-Management(a)oenb.at<mailto:Event-Management@oenb.at>

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"Aging Society: Effects on work, health and pensions", 5 November 2015, 2:30 pm
by wp＠wko.at 20 Oct '15

20 Oct '15

Falls dieses E-Mail nicht korrekt dargestellt wird, verwenden Sie bitte diesen Link<http://news.wko.at/sys/w.aspx?sub=8B6LR_1HEakp&mid=5d0c5069> Invitation [Banner SGS 20157] [http://news.wko.at/Media/_Templates/5100ae72-47d3-42eb-9e95-f0845f0c6331/sh…] Sehr geehrte Damen und Herren, Wirtschaftskammer Österreich (Austrian Federal Economic Chamber) & Salzburg Global Seminar cordially invite you to the panel discussion "Aging Society: Effects on work, health and pensions" on Thursday, 5 November 2015, 2:30 pm Wirtschaftskammer Österreich, Room 4 Wiedner Hauptstraße 63, 1045 Vienna Economic progress and higher living standards have contributed to higher life expectancy, longer years of good health and have led to the aging of society. What does this imply for the individual, for businesses or the society as a whole, for the future of work, for the functioning of the health system as well as for the sustainability of pension systems? How should we respond to the aging challenge? How does work need to adapt or do we need to work longer (until we grow old), bearing in mind the ongoing aging progress? How do the health and pension systems need to be reformed in order to remain viable? How does the situation look in Austria? And how does it look in other countries? These questions - and many more - will be discussed by: Introduction (2:30 - 2:45 pm): * Christoph Schneider, Head of Department of the Economic Policy Department, Austrian Federal Economic Chamber<http://news.wko.at/sys/r.aspx?sub=8B6LR_1HEakp&link=2ppf> * Clare Shine, Vice President and Chief Program Officer of Salzburg Global Seminar<http://news.wko.at/sys/r.aspx?sub=8B6LR_1HEakp&link=2ppg> Panel discussion, followed by a Q&A (2:45 - 4:15 pm): * Greg Shaw, Director of the International Federation of Aging<http://news.wko.at/sys/r.aspx?sub=8B6LR_1HEakp&link=2pph>, Australia * Michael Kuhn, Economist and Research Group Leader, Vienna Institute of Demography<http://news.wko.at/sys/r.aspx?sub=8B6LR_1HEakp&link=2ppi>, Austrian Academy of Sciences * Dénes Kucsera, Economist and Project Leader at Agenda Austria<http://news.wko.at/sys/r.aspx?sub=8B6LR_1HEakp&link=2ppj> * Stephen Johnston, Co-founder of Aging2.0<http://news.wko.at/sys/r.aspx?sub=8B6LR_1HEakp&link=2ppk>, a global innovation platform, and Generator Ventures<http://news.wko.at/sys/r.aspx?sub=8B6LR_1HEakp&link=2ppm>, a fund focusing on aging, USA Moderation: * Clare Shine, Vice President and Chief Program Officer of Salzburg Global Seminar<http://news.wko.at/sys/r.aspx?sub=8B6LR_1HEakp&link=2ppr> This event will be held in English. The discussion will be followed by a small buffet reception (until approx. 5:00 pm). Please register no later than 3 November 2015 by email to Ms. Kerstin Kozak: wp(a)wko.at<http://news.wko.at/sys/r.aspx?sub=8B6LR_1HEakp&link=2pps>. This event follows a joint program on Aging Societies: Advancing Innovation and Equity<http://news.wko.at/sys/r.aspx?sub=8B6LR_1HEakp&link=2pqi> at Schloss Leopoldskron in Salzburg. Best regards, Mag. Dr. Christoph M. Schneider B.Sc. (Ag.Econ.) Economic Policy Department Wirtschaftskammer Österreich/Austrian Federal Economic Chamber Wiedner Hauptstraße 63, 1045 Wien / Austria T: +43 (0)5 90 900-4499 E-Mail: wp(a)wko.at<http://news.wko.at/sys/r.aspx?sub=8B6LR_1HEakp&link=2plk> http<http://news.wko.at/sys/r.aspx?sub=8B6LR_1HEakp&link=2pll>://wko<http://news.wko.at/sys/r.aspx?sub=8B6LR_1HEakp&link=2pll>.at/wp<http://news.wko.at/sys/r.aspx?sub=8B6LR_1HEakp&link=2pll> [http://news.wko.at/Media/_Templates/5100ae72-47d3-42eb-9e95-f0845f0c6331/sp…] Medieninhaber/Herausgeber: Wirtschaftskammer Österreich, Stabsabteilung Wirtschaftspolitik Wiedner Hauptstraße 63, 1045 Wien Telefon +43 (0)5 90 900 4401 | E-Mail wp(a)wko.at<http://news.wko.at/sys/r.aspx?sub=8B6LR_1HEakp&link=2pln> Web wko.at/wp<http://news.wko.at/sys/r.aspx?sub=8B6LR_1HEakp&link=2plo> Vertretungsbefugtes Organ: Präsident Dr. Christoph Leitl Tätigkeitsbereich: Information, Beratung und Unterstützung der Mitglieder als gesetzliche Interessenvertretung. Chefredaktion: Dr. Christoph Schneider Druck: Eigenvervielfältigung, Erscheinungsort Wien > Weiterleiten<http://news.wko.at/sys/r.aspx?sl=h&mid=5d0c5069&sub=8B6LR_1HEakp> > Offenlegung nach § 25 Mediengesetz<http://news.wko.at/sys/r.aspx?sub=8B6LR_1HEakp&sl=1F>

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Invitation / Einladung PriMHE
by PriMHE 19 Oct '15

19 Oct '15

View it in your browser (http://us11.campaign-archive1.com/?u=6b3c970a0f040bf1af8eb937f&id=7a146a9e8…) PriMHE (http://meduniwien.us11.list-manage.com/track/click?u=6b3c970a0f040bf1af8eb9…) PriMHE Programme in the Methods of Health Economics “The healthdata.be project: Minimalisation of registration burden, Maximalisation of Return On Information” Johan van Bussel MA, MSc, Ph.D Head of the department ‘healthdata.be’ at the Belgian Scientific Institute Public Health (WIV-ISP), Brussels, BE 25 November 2015 / 3-4.15pm Medical University of Vienna, Van Swieten Saal (http://meduniwien.us11.list-manage.com/track/click?u=6b3c970a0f040bf1af8eb9…) , Van-Swieten-Gasse 1a, 1090 Vienna, Austria Summary: Quality of care registries and epidemiological surveillances play an important role in today’s public health policy. Over the past 30 years, more than 160 registries started to collect data in Belgian hospitals, laboratories, private medical practices… These registries are known for their heterogeneous data collection methods and information models, low transparency and high administrative burden. Often, the same information is recorded multiple times by the data providers, resulting in a high costs for data providers. Some of the registries lack privacy and security measures. Furthermore, most data providers receive no or little return on information. Since 2013, the national “Action plan eHealth 2013-2018” prioritizes the consolidation and standardization of the scientific registries. A new department “healthdata.be” within the Scientific Institute of Public Health (WIV-ISP), funded by National Institute for Health and Disability Insurance (INAMI-RIZIV), was created to coordinate this reform of the registries. The department also actively facilitates (in terms of technology and process management) the data exchange between healthcare professionals and researchers according to “only once” principle and the re-use of data, in order to increase public health knowledge and to adjust health care policy, with respect for privacy of patient, healthcare professional and medical confidentiality. The mission of the project is to reduce the administrative burden of clinicians so that they can spend more time for their patients, resulting in higher quality of care, and that researchers have more time for the analysis and interpretation of the data, resulting in a higher quality of research. Also, the cost for the creation and the maintenance of new patient registries supporting public health policy should decrease significantly. Since September 2015, the healthdata.be platform went into production and started to collect data for the Belgian Cystic Fibrosis Registry. More than 40 other registries will also migrate before the end of 2017. http://meduniwien.us11.list-manage1.com/track/click?u=6b3c970a0f040bf1af8eb… For further information and registration (free) please contact: Eva Tunkel Email: primhe(a)meduniwien.ac.at (mailto:primhe@meduniwien.ac.at?subject=PriMHE) Tel: +43 1 40160 34842 Copyright © 2015 Medical University of Vienna, Centre for Public Health, Department of Health Economics. All rights reserved. unsubscribe from this list (http://meduniwien.us11.list-manage.com/unsubscribe?u=6b3c970a0f040bf1af8eb9…) update subscription preferences (http://meduniwien.us11.list-manage1.com/profile?u=6b3c970a0f040bf1af8eb937f…) ============================================================ This email was sent to noeg-l(a)wu.ac.at (mailto:noeg-l@wu.ac.at) why did I get this? (http://meduniwien.us11.list-manage.com/about?u=6b3c970a0f040bf1af8eb937f&id…) unsubscribe from this list (http://meduniwien.us11.list-manage.com/unsubscribe?u=6b3c970a0f040bf1af8eb9…) update subscription preferences (http://meduniwien.us11.list-manage1.com/profile?u=6b3c970a0f040bf1af8eb937f…) Medical University of Vienna, Centre for Public Health, Department of Health Economics . Kinderspitalgasse 15/1 . Vienna 1090 . Austria Email Marketing Powered by MailChimp http://www.mailchimp.com/monkey-rewards/?utm_source=freemium_newsletter&utm…

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Invitation: Joint Vienna Macro Seminar (Oct 27): Lien Laureys
by Economics Department 19 Oct '15

19 Oct '15

[cid:image002.png@01D10A7D.322C5150][cid:image003.png@01D10A7D.322C5150] JOINT VIENNA MACROECONOMICS SEMINAR INVITATION The Joint Vienna Institute and the Department of Economics and Finance at the Institute for Advanced Studies cordially invite you to the following Joint Vienna Macroeconomics Seminar <http://www.ihs.ac.at/vienna/resources/Economics/Papers/20130226_Paper_Zimme…> Tuesday, October 27, 2015 Attention - New Address Institute for Advanced Studies Josefstädter Straße 39, 1080 Vienna Lecture Room E02, ground floor 5:00 pm Lien Laureys<http://www.bankofengland.co.uk/research/Pages/economists/staff/lien_laureys…> Bank of England <http://economics.ucsc.edu/faculty/singleton.php?&singleton=true&cruz_id=hut…> Optimal monetary policy in the presence of human capital depreciation during unemployment<https://www.ihs.ac.at/fileadmin/public/ecofin_teaching/Seminars/20151027_La…> Abstract: When workers are exposed to human capital depreciation during periods of unemployment, hiring affects the unemployment pool's composition in terms of skills, and hence the economy's production potential. Introducing human capital depreciation during unemployment into an otherwise standard New Keynesian model with search frictions in the labour market leads to the finding that the flexible-price allocation is no longer constrained-efficient even when the standard Hosios condition holds. This is because it generates a composition externality in job creation: firms ignore how their hiring decisions affect the extent to which the unemployed workers' skills erode, and hence the output that can be produced by new matches. Consequently, it might be desirable from a social point of view for monetary policy to deviate from strict inflation targeting. But quantitative analysis shows that although optimal price inflation is no longer zero, strict inflation targeting stays close to the optimal policy. We are looking forward to seeing you! Institute for Advanced Studies Department of Economics and Finance Josefstädter Straße 39, 1080 Vienna, Austria Tel.: +43 1 599 91 145 e-Mail: economics(a)ihs.ac.at<mailto:economics@ihs.ac.at> http://economics.ihs.ac.at<http://economics.ihs.ac.at/> LINKS DIRECTIONS TO IHS on Google maps<https://www.google.at/maps/place/Institut+f%C3%BCr+H%C3%B6here+Studien/@48.…> JOINT VIENNA MACRO SEMINAR<https://www.google.com/calendar/embed?src=6h1m59s6inkmo4ppa30s4itb6k%40grou…> on Google calendar<https://www.google.com/calendar/embed?src=6h1m59s6inkmo4ppa30s4itb6k%40grou…> ECONOMICS SEMINARS <https://www.google.com/calendar/embed?src=o7e40khrmr1vn2lo20mhbe539g%40grou…> IN VIENNA<https://www.google.com/calendar/embed?src=o7e40khrmr1vn2lo20mhbe539g%40grou…> on Google calendar<https://www.google.com/calendar/embed?src=o7e40khrmr1vn2lo20mhbe539g%40grou…> [cid:image008.jpg@01CEA8B6.39ACE730]<http://economics.ihs.ac.at/> [JVI_2011]<http://www.jvi.org/> [http://www.ihs.ac.at/vienna/resources/Economics/Others/FB-f-Logo__blue_512.…]<https://www.facebook.com/IHS.Economics.and.Finance>IHS Department of Economics and Finance<https://www.facebook.com/IHS.Economics.and.Finance> [http://www.ihs.ac.at/vienna/resources/Economics/Others/twitter-bird-white-o…]<https://twitter.com/IHS_Eco_Fin>Dept of Economics and Finance @IHS_Eco_Fin<https://twitter.com/IHS_Eco_Fin> [http://www.ihs.ac.at/vienna/resources/Economics/Others/twitter-bird-white-o…]<https://twitter.com/IHS_Vienna>Institute for Advanced Studies @IHS_Vienna<https://twitter.com/IHS_Vienna> Diese Zusendung erfolgt entsprechend den Bestimmungen des TKG 247107. Sollten Sie keine weiteren Zusendungen wuenschen, senden Sie uns bitte eine kurze Mitteilung an: economics(a)ihs.ac.at<mailto:economics@ihs.ac.at>. If you do not want to receive our mailings please send an e-mail to: economics(a)ihs.ac.at<mailto:economics@ihs.ac.at>. Also sent to noeg-l(a)wu.ac.at<mailto:noeg-l@wu.ac.at> (https://mailman.wu.ac.at/mailman/listinfo/noeg-l.)

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REMINDER Invitation: Joint Vienna Macro Seminar (Oct 20): Ralph de Haas
by Economics Department 19 Oct '15

19 Oct '15

[cid:image002.png@01D10A75.B8B1DA90][cid:image003.png@01D10A75.B8B1DA90] JOINT VIENNA MACROECONOMICS SEMINAR INVITATION R E M I N D E R The Joint Vienna Institute and the Department of Economics and Finance at the Institute for Advanced Studies cordially invite you to the following Joint Vienna Macroeconomics Seminar <http://www.ihs.ac.at/vienna/resources/Economics/Papers/20130226_Paper_Zimme…> Tuesday, October 20, 2015 Attention - New Address Institute for Advanced Studies Josefstädter Straße 39, 1080 Vienna Lecture Room E02, ground floor 5:00 pm Ralph de Haas<http://www.ebrd.com/what-we-do/economic-research-and-data/researchers/ralph…> EBRD <http://economics.ucsc.edu/faculty/singleton.php?&singleton=true&cruz_id=hut…> The Limits of Lending: Banks and Technology Adoption across Russia Abstract: We exploit historical and contemporaneous variation in local credit markets across Russia to identify the impact of credit constraints on firm-level innovation. We find that access to bank credit helps firms to adopt existing products and production processes that are new to them. They introduce these technologies either with the help of suppliers and clients or by acquiring external know-how. We find no evidence that bank credit also stimulates firm innovation through in-house R&D. This suggests that banks can facilitate the diffusion of technologies within developing countries but that their role in pushing the technological frontier is limited. We are looking forward to seeing you! Institute for Advanced Studies Department of Economics and Finance Josefstädter Straße 39, 1080 Vienna, Austria Tel.: +43 1 599 91 145 e-Mail: economics(a)ihs.ac.at<mailto:economics@ihs.ac.at> http://economics.ihs.ac.at<http://economics.ihs.ac.at/> LINKS DIRECTIONS TO IHS on Google maps<https://www.google.at/maps/place/Institut+f%C3%BCr+H%C3%B6here+Studien/@48.…> JOINT VIENNA MACRO SEMINAR<https://www.google.com/calendar/embed?src=6h1m59s6inkmo4ppa30s4itb6k%40grou…> on Google calendar<https://www.google.com/calendar/embed?src=6h1m59s6inkmo4ppa30s4itb6k%40grou…> ECONOMICS SEMINARS <https://www.google.com/calendar/embed?src=o7e40khrmr1vn2lo20mhbe539g%40grou…> IN VIENNA<https://www.google.com/calendar/embed?src=o7e40khrmr1vn2lo20mhbe539g%40grou…> on Google calendar<https://www.google.com/calendar/embed?src=o7e40khrmr1vn2lo20mhbe539g%40grou…> [cid:image008.jpg@01CEA8B6.39ACE730]<http://economics.ihs.ac.at/> [JVI_2011]<http://www.jvi.org/> [http://www.ihs.ac.at/vienna/resources/Economics/Others/FB-f-Logo__blue_512.…]<https://www.facebook.com/IHS.Economics.and.Finance>IHS Department of Economics and Finance<https://www.facebook.com/IHS.Economics.and.Finance> [http://www.ihs.ac.at/vienna/resources/Economics/Others/twitter-bird-white-o…]<https://twitter.com/IHS_Eco_Fin>Dept of Economics and Finance @IHS_Eco_Fin<https://twitter.com/IHS_Eco_Fin> [http://www.ihs.ac.at/vienna/resources/Economics/Others/twitter-bird-white-o…]<https://twitter.com/IHS_Vienna>Institute for Advanced Studies @IHS_Vienna<https://twitter.com/IHS_Vienna> Diese Zusendung erfolgt entsprechend den Bestimmungen des TKG 247107. Sollten Sie keine weiteren Zusendungen wuenschen, senden Sie uns bitte eine kurze Mitteilung an: economics(a)ihs.ac.at<mailto:economics@ihs.ac.at>. If you do not want to receive our mailings please send an e-mail to: economics(a)ihs.ac.at<mailto:economics@ihs.ac.at>. Also sent to noeg-l(a)wu.ac.at<mailto:noeg-l@wu.ac.at> (https://mailman.wu.ac.at/mailman/listinfo/noeg-l.)

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