March 2021 - NOeG-l - Wirtschaftsuniversität Wien

Job offer: Post-Doc ECONOMIST specialised in international economics
by Ronald Hartwig 22 Mar '21

22 Mar '21

Dear Ladies and Gentlemen, The Vienna Institute for International Economic Studies (wiiw) is looking for a *Post-Doc ECONOMIST specialised in international economics.* *Major tasks:* * Applied empirical research in the field of international economics * Widen our expertise in trade policy issues * Acquisition and execution of research projects * Project acquisitions also in areas outside the narrow research focus The position is *limited to two years in the first instance*; can be extended following a satisfactory probationary period. Start: as soon as possible – *ideally by June 2021*. *Requirements:* * PhD in Economics (or close to completion) * Expertise in trade policy * Expertise in FDI and/or environmental issues is an advantage * Interest in applied economic research * Good quantitative and econometric skills (use of MS Office, Stata and/or R) * Knowledge of both conventional and heterodox economic analyses * Excellent English and German (written and oral); knowledge of East European languages is an advantage * Very good (proposal) writing and presentation skills * Flexibility as well as ability to work in teams Monthly remuneration for the *40 weekly hours position* will be € 3,945.90 gross, 14 times per year or above, depending on qualification. *Women are particularly encouraged to apply*. Please send your application (with cover letter, CV, list of publications, copies of certificates) to jobs(a)wiiw.ac.at <mailto:jobs@wiiw.ac.at>. Download this job offer in pdf format <https://wiiw.ac.at/files/press/job-advertisement-international-economics-20…>

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JKU economics research seminar 24.3.21
by René Böheim 19 Mar '21

19 Mar '21

Sehr geehrte Damen und Herren, dear colleagues, in the name of the Department of Economics, I cordially invite you to our research seminar March, 24th, 2021, 4pm Daniel Prinz (IFS) https://sites.google.com/view/danielprinz/ <https://sites.google.com/view/danielprinz/> The liquidity sensitivity of healthcare consumption: Evidence from social security payments http://www.nber.org/papers/w27977 <http://www.nber.org/papers/w27977> Abstract: Some consumers lack the cash needed to pay for medical care. As a result, they either delay care until they can pay for it or they forgo the care altogether. To test for such a possibility, we study the distribution of monthly Social Security checks among Medicare Part D enrollees. When Social Security checks are distributed, prescription fills increase by 6-12 percent. In that sense, drug consumption of low-income Medicare recipients is "liquidity sensitive." We then study recipients who transition onto a program that eliminates copayments. When those recipients do not face copayments, their drug consumption becomes less liquidity sensitive. That finding implies that, beyond risk protection, generous insurance also provides recipients with the ability to consume healthcare when they need it rather than when they have cash. Further, we find that recipients whose drug consumption is most liquidity sensitive exhibit price elasticities of demand that are twice the size of the average elasticity, suggesting that more-generous insurance causes recipients both to re-time prescription filling and also to start filling prescriptions that they otherwise would not fill. We present a stylized model that uses this finding to call into question the conventional interpretation of demand-response to price as solely inefficient moral hazard. Daniel Prinz joined the Institute for Fiscal Studies in 2021. He is Country Programme Manager for Ethiopia in the Centre for Tax Analysis in Developing Countries. His research covers topics in public finance, including social insurance, taxation, and inequality. Published papers: *. Life expectancy inequalities in Hungary over 25 years: The role of avoidable deaths, Population Studies, 2021, with Anikó Bíró, Tamás Hajdu, and Gábor Kertesi *. Disentangling policy effects using proxy data: Which shutdown policies affected unemployment during the COVID-19 pandemic? Journal of Public Economics, 2020, with Ed Kong *. Healthcare Spending Inequality: Evidence from Hungarian Administrative Data, Health Policy, 2020, with Anikó Bíró *. screening in contract design: Evidence from the ACA health insurance exchanges, American Economic Journal: Economic Policy, 2019, with Mike Geruso and Tim Layton Registration for the zoom link at https://www.jku.at/en/department-of-economics/research/research-events/onli… <https://www.jku.at/en/department-of-economics/research/research-events/onli…> You will find the schedule for the summer term at https://www.jku.at/en/department-of-economics/research/research-events/more… <https://www.jku.at/en/department-of-economics/research/research-events/more…> With best regards, rené böheim — PD René Böheim, PhD Department of Economics JOHANNES KEPLER UNIVERSITÄT LINZ Altenberger Straße 69 4040 Linz, Österreich P +43-732-2468-7369

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Job offer: ECONOMIST specialised in the economics of the Visegrád group countries
by Ronald Hartwig 18 Mar '21

18 Mar '21

Dear Ladies and Gentlemen, The Vienna Institute for International Economic Studies (wiiw) is looking for an *ECONOMIST specialised in the economics of the Visegrád group countries.* Major tasks: * Applied empirical research in economics (macroeconomics preferred) * Maintain our expertise on the Visegrád group economies (PL, CZ, SK, HU) * Acquisition and execution of research projects * Project acquisitions also in areas outside the narrow research focus Requirements: * MA or PhD in Economics * Experience in conducting macroeconomic research on Visegrád countries * Existing contacts with regional academics, policymakers and journalists * Interest in applied economic research * Quantitative and econometric skills * Knowledge of both conventional and heterodox economic analyses * Excellent English (written and oral); knowledge of at least one Visegrád group language; German is an advantage * Very good (proposal) writing and presentation skills * Flexibility as well as ability to work in teams The position is limited to two years in the first instance; can be extended following a satisfactory probationary period. Start: as soon as possible – ideally by June 2021. Monthly remuneration for the 40 weekly hours position will be € 2,983.47 gross, 14 times per year or above, depending on qualification. Women are particularly encouraged to apply. Please send your application (with cover letter, CV, list of publications, copies of certificates) to jobs(a)wiiw.ac.at <mailto:jobs@wiiw.ac.at>. Download this job offer in pdf format <https://wiiw.ac.at/files/press/job-advertisement-visegrad-2021.pdf>

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Invitation to "WIFO Research Seminar" on Monday, March 22, 2021, 1:30 p.m.
by WIFO-Veranstaltungen 16 Mar '21

16 Mar '21

Um die graphische Version (HTML) dieses E-Mails zu sehen, klicken Sie auf den folgenden Link, oder kopieren Sie ihn in Ihren Browser: < https://newsletter.wifo.ac.at/sys/w.aspx?sub=17pa0X_LlDnI&tid=1-Lmxoq-12vAa… > WIFO Research Seminar: "Parental Leave Reform and Mothers' Long Run Earnings " ------------------------------------------------------------- ------------------------------------------------------------- Dear Sir or Madam, WIFO cordially invites you to the next WIFO Research Seminar: Monday, March 22, 2021, 1:30 p.m. Online appointment via Microsoft teams: Microsoft Teams-Meeting Link for participation < https://newsletter.wifo.ac.at/sys/r.aspx?sub=17pa0X_LlDnI&tid=1-Lmxoq-12vAa… > Katharina Wrohlich (DIW Berlin) "Parental Leave Reform and Mothers' Long Run Earnings " Abstract: Paid parental leave schemes have been shown to increase women's employment rates but decrease their wages in case of extended leave durations. In view of these potential trade-offs, many countries are discussing the optimal design of parental leave policies. We analyze the impact of a major parental leave reform on mothers' long-term earnings. The 2007 German parental leave reform replaced a means-tested benefit with a more generous earnings-related benefit that is granted for a shorter period of time. Additionally, a "daddy quota" of two months was introduced. To identify the causal effect of this policy on long-run earnings of mothers, we use a difference-in-difference approach that compares labor market outcomes of mothers who gave birth just before and right after the reform and nets out seasonal effects by including the year before. Using administrative social security data, we confirm previous findings and show that the average duration of employment interruptions increased for high-income mothers. Nevertheless, we find a positive long-run effect on earnings for mothers in this group. This effect cannot be explained by changes in working hours, observed characteristics, changes in employer stability or fertility patterns. Descriptive evidence suggests that the stronger involvement of fathers, incentivized by the "daddy months", could have facilitated mothers' re-entry into the labor market and thereby increased earnings. For mothers with low prior-to-birth earnings, however, we do not find any beneficial labor market effectsof this parental leave reform. To import this lecture into your calendar, please click here < https://newsletter.wifo.ac.at/sys/r.aspx?sub=17pa0X_LlDnI&tid=1-Lmxoq-12vAa… > . We look forward to welcoming you for this lecture! ********************************************************************************************************************** Sehr geehrte Damen und Herren, das WIFO lädt Sie herzlich zum nächsten Online-Termin der Vortragsreihe WIFO Research Seminar ein: Montag, 22. März 2021, 13:30 Uhr Online-Termin via Microsoft-Teams: Microsoft Teams-Besprechung Am Computer oder über mobile App teilnehmen Hier klicken, um der Besprechung beizutreten < https://newsletter.wifo.ac.at/sys/r.aspx?sub=17pa0X_LlDnI&tid=1-Lmxoq-12vAa… > Katharina Wrohlich (DIW Berlin) "Parental Leave Reform and Mothers' Long Run Earnings " Abstract: Paid parental leave schemes have been shown to increase women's employment rates but decrease their wages in case of extended leave durations. In view of these potential trade-offs, many countries are discussing the optimal design of parental leave policies. We analyze the impact of a major parental leave reform on mothers' long-term earnings. The 2007 German parental leave reform replaced a means-tested benefit with a more generous earnings-related benefit that is granted for a shorter period of time. Additionally, a "daddy quota" of two months was introduced. To identify the causal effect of this policy on long-run earnings of mothers, we use a difference-in-difference approach that compares labor market outcomes of mothers who gave birth just before and right after the reform and nets out seasonal effects by including the year before. Using administrative social security data, we confirm previous findings and show that the average duration of employment interruptions increased for high-income mothers. Nevertheless, we find a positive long-run effect on earnings for mothers in this group. This effect cannot be explained by changes in working hours, observed characteristics, changes in employer stability or fertility patterns. Descriptive evidence suggests that the stronger involvement of fathers, incentivized by the "daddy months", could have facilitated mothers' re-entry into the labor market and thereby increased earnings. For mothers with low prior-to-birth earnings, however, we do not find any beneficial labor market effectsof this parental leave reform. Um diesen Vortrag in Ihren Kalender zu importieren, klicken Sie bitte hier < https://newsletter.wifo.ac.at/sys/r.aspx?sub=17pa0X_LlDnI&tid=1-Lmxoq-12vAa… > . Wir freuen uns, Sie zu diesem Vortrag am WIFO begrüßen zu dürfen! _____________________________________________ Agnes Kügler (Moderatorin/Chair) WIFO - Österreichisches Institut für Wirtschaftsforschung Arsenal, Objekt 20 1030 Wien Tel.: +43 (1) 798 26 01-303 Fax: +43 (1) 798 93 86 Web: http://www.wifo.ac.at E-Mail: Agnes.Kuegler(a)wifo.ac.at © 2021 Österreichisches Institut für Wirtschaftsforschung 1030 Wien, Arsenal, Objekt 20 Impressum < https://newsletter.wifo.ac.at/sys/r.aspx?sub=17pa0X_LlDnI&tid=1-Lmxoq-12vAa… > | AGB < https://newsletter.wifo.ac.at/sys/r.aspx?sub=17pa0X_LlDnI&tid=1-Lmxoq-12vAa… > | Datenschutzerklärung < https://newsletter.wifo.ac.at/sys/r.aspx?sub=17pa0X_LlDnI&tid=1-Lmxoq-12vAa… > Tel.: +43 (0) 1 798 26 01-0 Fax: + 43 (0) 1 798 93 86 E-Mail: publikationen(a)wifo.ac.at < https://newsletter.wifo.ac.at/sys/r.aspx?sub=17pa0X_LlDnI&tid=1-Lmxoq-12vAa… > ------------------------------------------------------------- Persönliche Daten ändern: < https://newsletter.wifo.ac.at/sys/r.aspx?sl=1vB&mid=29b3b8a2&sub=17pa0X_LlD… > ------------------------------------------------------------- Weiterleiten: < https://newsletter.wifo.ac.at/sys/r.aspx?sl=1nh&mid=29b3b8a2&sub=17pa0X_LlD… > ------------------------------------------------------------- Newsletter abbestellen: < https://newsletter.wifo.ac.at/sys/r.aspx?sl=1vC&mid=29b3b8a2&sub=17pa0X_LlD… > -------------------------------------------------------------

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National Bank of Belgium - Research Fellowship Programme
by Ritzberger-Gruenwald, Doris 16 Mar '21

16 Mar '21

Ich ersuche um Verteilung via den NOeG-Verteiler. Danke! Doris Ritzberger-Grünwald Good Morning, From this year, the National Bank of Belgium is launching a Research Fellowship Programme aimed at prominent academics. Two specific positions will be assigned, one on climate economics, the other on research questions specific to the heterogeneity of agents. For more details, see https://www.nbb.be/en/research-fellowship-programme. May we ask you to circulate this information to people who may be interested or who are likely to transmit it to professors active in these fields. Thank you in advance. On behalf of the Economics and Research Department Lieven Depla Secretariat Economics and Research Department [cid:image003.png@01D71A49.0BBC17D0] NATIONAL BANK OF BELGIUM Boulevard de Berlaimont 14 – 1000 Brussels t. +32 (0)2 221 42 76 | m. +32 (0)473 82 95 13 nbb.be<https://www.nbb.be/fr> | LinkedIn<https://www.linkedin.com/company/national-bank-of-belgium> | Twitter<https://twitter.com/NBB_BNB_FR> Diese E-Mail kann vertrauliche Informationen enthalten und irrtümlich an Sie gelangt sein. In diesem Fall informieren Sie bitte sofort die Absenderin bzw. den Absender und vernichten Sie diese E-Mail. Das unerlaubte Kopieren sowie die unbefugte Weitergabe dieser Mail oder von Teilen dieser Mail sind nicht gestattet. Informationen gemäß DSGVO zur Verarbeitung personenbezogener Daten durch die OeNB finden Sie unter www.oenb.at/datenschutz<https://www.oenb.at/datenschutz>.

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FIW-News: Kommende Seminare in International Economics
by fiw-pb 15 Mar '21

15 Mar '21

[FIW_Logo_de_en] Please scroll down for the English version Sehr geehrte Damen und Herren, Wir möchten Sie über die kommenden Seminare in International Economics im Frühjahr 2021 informieren. Das FIW bietet gemeinsam mit dem Wiener Institut für Internationale Wirtschaftsvergleiche (wiiw) regelmäßig Vorlesungen in Form eines "Seminars in International Economics" an, zu denen wir Sie herzlich einladen. Folgende Seminare in International Economics finden im Frühjahr 2021 statt: * Reminder: The environmental bias of trade policy (Online event) * Reminder: Theory to Policy with Gravitas: A Solution to the Mystery of the Excess Trade Balances (Online event) * Patent Boxes and the Success Rate of Patent Applications (Online event) * Border Policies and Unauthorized Flows: Evidence from the Refugee Crisis in Europe (Online event) Reminder: Einladung zum Seminar in International Economics: The environmental bias of trade policy (Online event) The environmental bias of trade policy (Online event) Vortragender: Joseph S. Shapiro, University of California Zeit: Donnerstag, 18. März 2021, 15:00 Uhr Registrierungslink: https://wiiw.ac.at/the-environmental-bias-of-trade-policy-online-event-er-5… Dies ist eine Online-Veranstaltung über Zoom. Bitte registrieren Sie sich für den Einwahllink. Dieser wird Ihnen kurz vor der Veranstaltung zugesandt. Sprache: Englisch Description: This paper describes a new fact, then analyzes its causes and consequences: in most countries, import tariffs and non-tariff barriers are substantially lower on dirty than on clean industries, where an industry's "dirtiness" is defined as its carbon dioxide (CO2) emissions per dollar of output. This difference in trade policy creates a global implicit subsidy to CO2 emissions in internationally traded goods and so contributes to climate change. This global implicit subsidy to CO2 emissions totals several hundred billion dollars annually. The greater protection of downstream industries, which are relatively clean, substantially accounts for this pattern. The downstream pattern can be explained by theories where industries lobby for low tariffs on their inputs but final consumers are poorly organized. A quantitative general equilibrium model suggests that if countries applied similar trade policies to clean and dirty goods, global CO2 emissions would decrease and global real income would change little. Dieses Seminar findet im Rahmen des FIW-Projekts statt, das vom österreichischen Bundesministerium für Digitalisierung und Wirtschaftsstandort (BMDW) gefördert wird. Reminder: Einladung zum Seminar in International Economics: >From Theory to Policy with Gravitas: A Solution to the Mystery of the Excess Trade Balances (Online event) >From Theory to Policy with Gravitas: A Solution to the Mystery of the Excess Trade Balances (Online event) Vortragender: Yoto V. Yotov, Drexel University (Philadelphia, USA) Zeit: Donnerstag, 25. März 2021, 16:00 Uhr Registrierungslink: https://wiiw.ac.at/from-theory-to-policy-with-gravitas-a-solution-to-the-my… Dies ist eine Online-Veranstaltung über Zoom. Bitte registrieren Sie sich für den Einwahllink. Dieser wird Ihnen kurz vor der Veranstaltung zugesandt. Sprache: Englisch Description: Bilateral trade balances often play an important role in the international trade policy debate. Academic economists understand that they are misleading indicators of competitiveness and of the gains from trade. However, they also recognize their political relevance, calling for accurate statistical measurement and for more scholarly work. Disturbingly, Davis and Weinstein (2002) argue that the canonical gravity model of trade fails when confronted with bilateral trade balances data, dubbing this "The Mystery of the Excess Trade Balances''. Capitalizing on the latest developments in the theoretical and empirical gravity literature, we demonstrate that the workhorse international trade model actually performs well in explaining bilateral trade balances. Moreover, in our data, only 11 to 13% of the variance in bilateral balances is due to asymmetric bilateral trade costs, belying beliefs that bilateral imbalances are driven by 'unfair' manipulation of terms-of-trade. We also perform several general equilibrium experiments within the same structural gravity framework to show that free trade agreements tend to exacerbate bilateral imbalances and that macroeconomic rebalancing leads to adjustment with all trade partners. Einladung zum Seminar in International Economics: Patent Boxes and the Success Rate of Patent Applications (Online event) Patent Boxes and the Success Rate of Patent Applications (Online event) Vortragender: Ronald B. Davies, University College Dublin Zeit: Donnerstag, 8. April 2021, 16:00 Uhr Registrierungslink: https://wiiw.ac.at/patent-boxes-and-the-success-rate-of-patent-applications… Dies ist eine Online-Veranstaltung über Zoom. Bitte registrieren Sie sich für den Einwahllink. Dieser wird Ihnen kurz vor der Veranstaltung zugesandt. Sprache: Englisch Description: Patent boxes significantly reduce the tax rate applied to income earned from a patent. Existing work finds that those reductions increase the number of patents. That said, not all patents are equally novel. In particular, the patent box encourages the submission of patents of marginal novelty, a selection effect that would reduce the average success rates of patents. At the same time, the increased return to patenting encourages additional effort in innovation development and application preparation, increasing success rates. While this predicts an ambiguous effect, by exploiting the time dimension of these responses, we are able to examine their relative size. Using data from applications to the European Patent Office from 1978 to 2017 and find that the introduction of a patent box increases the average success rate of applications from the large innovators who make up the majority of applications by 6.9 percentage points. This impact only materializes two years after a patent box takes effect, suggesting that improved research effort is the dominant response by rms. Einladung zum Seminar in International Economics: Border Policies and Unauthorized Flows: Evidence from the Refugee Crisis in Europe (Online event) Border Policies and Unauthorized Flows: Evidence from the Refugee Crisis in Europe (Online event) Vortragender: Francesco Fasani, Queen Mary University of London Zeit: Donnerstag, 29. April 2021, 16:00 Uhr Registrierungslink: https://wiiw.ac.at/border-policies-and-unauthorized-flows-evidence-from-the… Dies ist eine Online-Veranstaltung über Zoom. Bitte registrieren Sie sich für den Einwahllink. Dieser wird Ihnen kurz vor der Veranstaltung zugesandt. Sprache: Englisch Description: In this paper, we first describe the size, composition and characteristics of the recent unauthorised migration flows through external European Union borders. We then assess the effectiveness of EU border enforcement policies in deterring or diverting migration flows across alternative routes. Our empirical analysis is based on a novel dataset of Frontex records on attempted illegal crossing by quarter, country of origin and route of entry in Europe for the period 2009-2017. These records are matched with a dataset - that we assembled - on the monthly EU budget spent on border enforcement and search and rescue operations on each route of entry. Our empirical analysis is threefold. First, we document the existence of a political cycle in enforcement spending at the external EU borders which is orthogonal to expected ows. Second, we use this result as a first stage to deal with the endogeneity of border policies and retrieve the causal impact of enforcement on unauthorized flows. Third, we analyse the effect of outsourcing border controls to a non-EU transit country (the 2016 EU-Turkey deal) on deterrence and diversion of unauthorized flows. Wir freuen uns über Ihre Teilnahme an den Veranstaltungen. Mit freundlichen Grüßen Alexander Hudetz und Birgit Buschbom FIW-Projektbüro Es entspricht nicht unserer Philosophie Ihnen unerwünschte E-Mails zukommen zu lassen. Falls Sie keine weiteren E-Mails vom FIW erhalten möchten, schreiben Sie bitte an das Projektbüro<mailto:fiw-pb@fiw.at> mit dem Betreff "Abmelden". __________________________________ Der Forschungsschwerpunkt Internationale Wirtschaft (FIW) (https://www.fiw.ac.at/) ist eine Kooperation zwischen der Wirtschaftsuniversität Wien (WU), der Universität Wien, der Johannes Kepler Universität Linz und der Universität Innsbruck, WIFO, wiiw und WSR. FIW wird von den Bundesministerien BMBFW und BMDW finanziert. Dear Sir or Madam, In today's newsletter we would like to inform you about the upcoming Seminars in International Economics in spring 2021. Together with the Vienna Institute for International Economic Studies (wiiw), FIW offers regular lectures in the form of a "Seminar in International Economics", to which we cordially invite you. The following seminars in International Economics will take place in spring 2021: * Reminder: The environmental bias of trade policy (Online event) * Reminder: Theory to Policy with Gravitas: A Solution to the Mystery of the Excess Trade Balances (Online event) * Patent Boxes and the Success Rate of Patent Applications (Online event) * Border Policies and Unauthorized Flows: Evidence from the Refugee Crisis in Europe (Online event) Reminder: Invitation to Seminar in International Economics: The environmental bias of trade policy (Online event) The environmental bias of trade policy (Online event) Speaker: Joseph S. Shapiro, University of California Time: 18. March 18, 2021, 3:00 p.m. Registration link: https://wiiw.ac.at/the-environmental-bias-of-trade-policy-online-event-er-5… This is an online event via Zoom. Please register for the dial-in link. The link will be sent shortly before the event. Language: English Description: This paper describes a new fact, then analyzes its causes and consequences: in most countries, import tariffs and non-tariff barriers are substantially lower on dirty than on clean industries, where an industry's "dirtiness" is defined as its carbon dioxide (CO2) emissions per dollar of output. This difference in trade policy creates a global implicit subsidy to CO2 emissions in internationally traded goods and so contributes to climate change. This global implicit subsidy to CO2 emissions totals several hundred billion dollars annually. The greater protection of downstream industries, which are relatively clean, substantially accounts for this pattern. The downstream pattern can be explained by theories where industries lobby for low tariffs on their inputs but final consumers are poorly organized. A quantitative general equilibrium model suggests that if countries applied similar trade policies to clean and dirty goods, global CO2 emissions would decrease and global real income would change little. This seminar is an activity in the framework of FIW project, funded by the Austrian Ministry for Digital and Economic Affairs (BMDW). Reminder: Invitation to Seminar in International Economics: >From Theory to Policy with Gravitas: A Solution to the Mystery of the Excess Trade Balances (Online event) >From Theory to Policy with Gravitas: A Solution to the Mystery of the Excess Trade Balances (Online event) Speaker: Yoto V. Yotov, Drexel University (Philadelphia, USA) Time: March 25, 2021, 4:00 p.m. Registration link: https://wiiw.ac.at/from-theory-to-policy-with-gravitas-a-solution-to-the-my… This is an online event via Zoom. Please register for the dial-in link. The link will be sent shortly before the event. Language: English Description: Bilateral trade balances often play an important role in the international trade policy debate. Academic economists understand that they are misleading indicators of competitiveness and of the gains from trade. However, they also recognize their political relevance, calling for accurate statistical measurement and for more scholarly work. Disturbingly, Davis and Weinstein (2002) argue that the canonical gravity model of trade fails when confronted with bilateral trade balances data, dubbing this "The Mystery of the Excess Trade Balances''. Capitalizing on the latest developments in the theoretical and empirical gravity literature, we demonstrate that the workhorse international trade model actually performs well in explaining bilateral trade balances. Moreover, in our data, only 11 to 13% of the variance in bilateral balances is due to asymmetric bilateral trade costs, belying beliefs that bilateral imbalances are driven by 'unfair' manipulation of terms-of-trade. We also perform several general equilibrium experiments within the same structural gravity framework to show that free trade agreements tend to exacerbate bilateral imbalances and that macroeconomic rebalancing leads to adjustment with all trade partners. Invitation to Seminar in International Economics: Patent Boxes and the Success Rate of Patent Applications (Online event) Patent Boxes and the Success Rate of Patent Applications (Online event) Speaker: Ronald B. Davies, University College Dublin Time: April 8, 2021, 4:00 p.m. Registration link: https://wiiw.ac.at/patent-boxes-and-the-success-rate-of-patent-applications… This is an online event via Zoom. Please register for the dial-in link. The link will be sent shortly before the event. Language: English Description: Patent boxes significantly reduce the tax rate applied to income earned from a patent. Existing work finds that those reductions increase the number of patents. That said, not all patents are equally novel. In particular, the patent box encourages the submission of patents of marginal novelty, a selection effect that would reduce the average success rates of patents. At the same time, the increased return to patenting encourages additional effort in innovation development and application preparation, increasing success rates. While this predicts an ambiguous effect, by exploiting the time dimension of these responses, we are able to examine their relative size. Using data from applications to the European Patent Office from 1978 to 2017 and find that the introduction of a patent box increases the average success rate of applications from the large innovators who make up the majority of applications by 6.9 percentage points. This impact only materializes two years after a patent box takes effect, suggesting that improved research effort is the dominant response by rms. Invitation to Seminar in International Economics: Border Policies and Unauthorized Flows: Evidence from the Refugee Crisis in Europe (Online event) Border Policies and Unauthorized Flows: Evidence from the Refugee Crisis in Europe (Online event) Speaker: Francesco Fasani, Queen Mary University of London Time: April 29, 2021, 4:00 p.m. Registration link: https://wiiw.ac.at/border-policies-and-unauthorized-flows-evidence-from-the… This is an online event via Zoom. Please register for the dial-in link. The link will be sent shortly before the event. Language: English Description: In this paper, we first describe the size, composition and characteristics of the recent unauthorised migration flows through external European Union borders. We then assess the effectiveness of EU border enforcement policies in deterring or diverting migration flows across alternative routes. Our empirical analysis is based on a novel dataset of Frontex records on attempted illegal crossing by quarter, country of origin and route of entry in Europe for the period 2009-2017. These records are matched with a dataset - that we assembled - on the monthly EU budget spent on border enforcement and search and rescue operations on each route of entry. Our empirical analysis is threefold. First, we document the existence of a political cycle in enforcement spending at the external EU borders which is orthogonal to expected ows. Second, we use this result as a first stage to deal with the endogeneity of border policies and retrieve the causal impact of enforcement on unauthorized flows. Third, we analyse the effect of outsourcing border controls to a non-EU transit country (the 2016 EU-Turkey deal) on deterrence and diversion of unauthorized flows. We are looking forward to your participation in the events. Kind regards Alexander Hudetz and Birgit Buschbom FIW Project Office It is not our philosophy to send you unwanted e-mails. If you do not wish to receive further e-mails from FIW, please write to the project office<mailto:fiw-pb@fiw.ac.at> with the subject "Unsubscribe". _____________________________________________________ The FIW - Research Centre International Economics (https://www.fiw.ac.at/) is a cooperation between the Vienna University of Economics and Business (WU), the University Vienna, the Johannes Kepler University Linz and the University of Innsbruck, WIFO, wiiw and WSR. FIW is funded by BMBFW and BMDW. [Titel: Logo des FIW - Beschreibung: Das ist das Logo Kompetenzzentrum Forschungsschwerpunkt Internationale Wirtschaft, das in Kooperation mit dem BMDW die AW-Vorlesungen organisiert.]

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WIFO Stellenausschreibung
by WIFO-Personal 12 Mar '21

12 Mar '21

Sehr geehrte Damen und Herren! Anbei die Links zu unserer aktuellen Stellenausschreibung. https://www.wifo.ac.at/jart/prj3/wifo/data/uploads/downloads/formulare/WIFO… https://www.wifo.ac.at/jart/prj3/wifo/data/uploads/downloads/formulare/WIFO… Mit freundlichen Grüßen Birgit Novotny Ing. Birgit Novotny Data Science and Management T +43 1 798 26 01 - 277 E Birgit.Novotny(a)wifo.ac.at [cid:image003.png@01D6F959.95722660] WIFO Österreichisches Institut für Wirtschaftsforschung Austrian Institute of Economic Research A-1030 Wien, Arsenal, Objekt 20 www.wifo.ac.at<http://www.wifo.ac.at/>

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JKU economics research seminar 17.3.21
by René Böheim 11 Mar '21

11 Mar '21

Sehr geehrte Damen und Herren, dear colleagues, in the name of the Department of Economics, I cordially invite you to our research seminar March, 17th, 2021, 4pm Manasvini Singh https://www.manasvinisingh.com <https://www.manasvinisingh.com/> Who Cares? Heterogeneous Response to Formal Feedback Abstract: Physician quality “report cards” are popular measures used by states and insurers to, amongst other things, incentivize physicians to improve care quality by publicly evaluating them on specific clinical outcomes. However, research suggests that report cards are less effective than expected, inducing only small improvements in care quality. The goal of this study is to examine whether this lackluster effect occurs due to heterogeneity in physician response to report cards, which would help inform the design of future quality improvement interventions. I examine this question by exploiting the release of the ProPublica Surgeon Report Card, which was released only in 2015 and graded all surgeons who performed eight elective Medicare surgeries on outcomes such as in-hospital mortality and readmission rates. I estimate the within-physician effects of the report card on physician behavior for Medicare and non-Medicare patients with a combined difference-in-difference and regression-discontinuity research design, using inpatient administrative data from the state of Florida (~3Mil encounters, 2012-17). I then identify physicians who are more or less likely to respond to the report card (“learners” and “non-learners”, respectively) using each physician’s past history of learning from their own and others’ successes and failures in the eight key surgeries. Results show that, on average, the report card improved physicians’ performance on key outcomes for the eight Medicare surgeries compared to other elective surgeries, and had positive spillovers on non-Medicare surgeries. This effect persisted several years after the release of the report card, suggesting that even solitary information shocks can have lasting effects on physician behavior. Examining heterogeneous responses, I find that physicians’ past learning propensities positively predicted the extent to which they responded to report card information, though this effect was moderated by several market-level factors. Manasvini Singh is Assistant Professor at University of Massachusetts Amherst. She is interested in how physicians make decisions, and the effects of organizational and policy environments on such decisions. Her research has been featured, inter alia, in the NYT, https://www.nytimes.com/2020/02/20/upshot/mental-shortcuts-medical-errors.h… <https://www.nytimes.com/2020/02/20/upshot/mental-shortcuts-medical-errors.h…>. Registration for the zoom link at https://www.jku.at/en/department-of-economics/research/research-events/onli… <https://www.jku.at/en/department-of-economics/research/research-events/onli…> You will find the schedule for the summer term at https://www.jku.at/en/department-of-economics/research/research-events/more… <https://www.jku.at/en/department-of-economics/research/research-events/more…> With best regards, rené böheim — PD René Böheim, PhD Department of Economics JOHANNES KEPLER UNIVERSITÄT LINZ Altenberger Straße 69 4040 Linz, Österreich P +43-732-2468-7369

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Egon Matzner Award for Socio-Economics 2021 - Call for submissions
by EMP 08 Mar '21

08 Mar '21

Dear colleagues, attached please find a call for submission for the Egon-Matzner-Award for Socio-Economics 2020. As every year, we are seeking submissions of young scholars in the fields of *Socio-economics, heterodox/pluralistic economics; *Evolutionary economics; *Institutional economics; *Public finance and fiscal federalism; and/or *Infrastructure economics and policy. Attached please find the detailed call for submissions (deadline 30th April 2021). We would be very grateful if you could spread the call among potentially interested colleagues. Thank you very much, and best regards Michael Getzner Chair, Dept of Public Finance & Infrastructure Policy (TU Wien)

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JKU economics research seminar 10.3.21
by René Böheim 04 Mar '21

04 Mar '21

Sehr geehrte Damen und Herren, dear colleagues, in the name of the Department of Economics, I cordially invite you to our research seminar March, 10th, 2021, 4pm Simon Jäger (MIT) http://economics.mit.edu/faculty/sjaeger <http://economics.mit.edu/faculty/sjaeger> @simon_jaeger Voice at Work Abstract: We estimate the effects of worker voice on job quality and separations. We leverage the 1991 introduction of worker representation on boards of Finnish firms with at least 150 employees. In contrast to exit-voice theory, our difference-in-differences design reveals no effects on voluntary job separations, and at most small positive effects on other measures of job quality (job security, health, subjective job quality, and wages). Worker voice slightly raised firm survival, productivity, and capital intensity. A 2008 introduction of shop-floor representation had similarly limited effects. Interviews and surveys indicate that worker representation facilitates information sharing rather than boosting labor’s power. http://economics.mit.edu/files/21196 <http://economics.mit.edu/files/21196> Selected publications: * "Labor in the Boardroom”, with Benjamin Schoefer and Jörg Heining, Quarterly Journal of Economics, forthcoming* “Wages and the Value of Nonemployment“, with Benjamin Schoefer, Samuel Young, and Josef Zweimüller, Quarterly Journal of Economics, (2020) * “Learning about job search: A field experiment with job seekers in Germany”, with Steffen Altmann, Armin Falk, and Florian Zimmermann, Journal of Public Economics (2018) * "Complex Tax Incentives”, with Johannes Abeler, American Economic Journal: Economic Policy, 2015. Registration for the zoom link at https://www.jku.at/en/department-of-economics/research/research-events/onli… <https://www.jku.at/en/department-of-economics/research/research-events/onli…> You will find the schedule for the summer term at https://www.jku.at/en/department-of-economics/research/research-events/more… <https://www.jku.at/en/department-of-economics/research/research-events/more…> With best regards, rené böheim — PD René Böheim, PhD Department of Economics JOHANNES KEPLER UNIVERSITÄT LINZ Altenberger Straße 69 4040 Linz, Österreich P +43-732-2468-7369

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