March 2021 - NOeG-l - Wirtschaftsuniversität Wien

WU Economic Research Seminar, 10.3.2021, 4.30 pm to 6 pm, Rüdiger Bachmann (University of Notre Dame)
by Oberhofer, Harald 04 Mar '21

04 Mar '21

Dear colleagues, The Department of Economics cordially invites you to the WU Economic Research Seminar (Department Seminar) on Wednesday, March 10th, with Rüdiger Bachmann (University of Notre Dame) on "Uncertainty and Change: Survey Evidence of Firms' Subjective Beliefs" Abstract: This paper provides survey evidence on firms' subjective uncertainty about future sales growth from a new panel data set of the German manufacturing sector. The main finding is that uncertainty reflects change: firms report more subjective uncertainty after either high or low growth realizations. In the cross section of firms, subjective uncertainty differs from statistical measures of uncertainty such as volatility: fast-growing and large firms report lower subjective uncertainty than fast-shrinking and small firms, respectively, even if they face shocks of similar size. By contrast, the substantial time variation in firm-specific subjective uncertainty resembles that in conditional volatility: both measures of uncertainty are mildly persistent and rise more when growth is temporarily low. Date: Wednesday, March 10th Time: 4.30 to 6 pm (CET) Location: MS Teams. You can access starting from 4.30 pm using this link<https://teams.microsoft.com/l/meetup-join/19%3ameeting_ZTI4NWU4YjMtYzEwZS00…>. With best regards, Harald Oberhofer --- Univ.-Prof. Dr. Harald Oberhofer Institute for International Economics WU Vienna University of Economics and Business Phone: +43/1/31336-4984 Fax: +43/1/31336-4984 Email: harald.oberhofer(a)wu.ac.at<mailto:harald.oberhofer@wu.ac.at> Webpage: https://www.wu.ac.at/ie/mitarbeiter/harald-oberhofer/ Austrian Institute of Economic Research (WIFO) Phone: +43/1/7982601-468 Fax: +43/1/7989386 Email: harald.oberhofer(a)wifo.ac.at<mailto:harald.oberhofer@wifo.ac.at> Webpage: http://www.wifo.ac.at/harald_oberhofer

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Stellenausschreibung Institut für Höhere Studien: Researcher - Markoökonomik und Konjunktur
by Helga Hanl-Lohn 04 Mar '21

04 Mar '21

Sehr geehrte Damen und Herren, im Namen von Dr. Michael Reiter, Leiter der Forschungsgruppe Makroökonomik und Konjunktur<https://www.ihs.ac.at/de/ru/makrooekonomik-und-konjunktur/> am Institut für Höhere Studien (IHS), möchte ich Sie darauf hinweisen, dass am Institut für Höhere Studien (IHS) ab 1.5.2021 eine Researcher-Stelle (w/m), Vollzeit im Themenbereich Theorie und Empirie der offenen Volkswirtschaft oder im Bereich Innovation und Digitalisierung zu besetzen ist. Im Anhang finden Sie bitte den Ausschreibungstext. Die Bewerbungsfrist endet am 22. März 2021. Vielen Dank für Ihre Unterstützung. Mit freundlichen Grüßen Helga Hanl-Lohn Mag.a Helga Hanl-Lohn Administrative Manager [cid:image001.jpg@01D710D4.8FA90950] Institut für Höhere Studien - Institute for Advanced Studies (IHS) Josefstädter Straße 39, 1080 Vienna, Austria Tel: +43 1 59991 - 250 E-mail: hanl-lohn(a)ihs.ac.at<mailto:hanl-lohn@ihs.ac.at> Web: http://www.ihs.ac.at<http://www.ihs.ac.at/>

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Stellenausschreibung Bundeswettbewerbsbehörde
by Erharter, Dominik 03 Mar '21

03 Mar '21

Sehr geehrte Damen und Herren, bei der Bundeswettbewerbsbehörde wurde eine Karenzvertretungsstelle ausgeschrieben, die sich insbesondere an IndustrieökonomInnen richtet: https://www.bwb.gv.at/fileadmin/user_upload/PDFs/Bekanntmachung.pdf Die Bewerbungsfrist endet bereits am 9.3.2021. Mit freundlichen Grüßen, Dominik Erharter Dr. Dominik Erharter Competition Economist [BWB Logo Neu] Bundeswettbewerbsbehörde Federal Competition Authority Radetzkystraße 2, A-1030 Wien T: +43 (0) 1 245 08-0 wettbewerb(a)bwb.gv.at<mailto:wettbewerb@bwb.gv.at> www.bwb.gv.at<http://www.bwb.gv.at/>

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Stellenausschreibung OeNB: ÖkonomIn für Geldtheorie und -politik
by Gnan, Ernest 01 Mar '21

01 Mar '21

Liebe KollegInnen Anbei eine OeNB-Stellenausschreibung für einen ÖkonomIn für Geldtheorie und -politik mit abgeschlossenen PhD-Studium. Attraktive Kombination aus Forschung und angewandter Politik-Beratung. Mitarbeit in ESZB-Gremien und -forschungsnetzwerken, Briefings für OeNB-Management. Mitarbeit in einem hochqualifizierten, leistungsorientierten und flexiblenTeam. Skills sollten v.a. in der Theorie liegen - konkret in den Bereichen DSGE, HANK etc. : https://karriere.oenb.at/Job/2790 Bewerbungsfrist: keine - wir suchen, bis wir die optimale Besetzung für die Stelle gefunden haben, dennoch bitte bald bewerben. MfG Ernest Gnan Prof Dr Ernest Gnan Counsel to the Board and Head, Economic Analysis Division Oesterreichische Nationalbank PO box 61, 1011 Vienna, Austria ernest.gnan(a)oenb.at<mailto:ernest.gnan@oenb.at> +43 1 40420 7400 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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FW: WIC Online Colloquium, March 9th, 14:00-15:00 (CEST)
by wic-colloquium＠wittgensteincentre.info 01 Mar '21

01 Mar '21

WIC Online Colloquium ********************* Annette Baudisch & Jesús-Adrián Alvarez, Interdisciplinary Centre on Population Dynamics Born Once, Die Once: Lifetable Relationships for Fertility Tuesday, March 9th, 14:00-15:00 (CEST) Please register for the presentation here until one day before the presentation 10:00 (CEST): <https://www.oeaw.ac.at/vid/events/calendar/wic-colloquium/registration/> https://www.oeaw.ac.at/vid/events/calendar/wic-colloquium/registration/ Login information will be sent to registered participants the day before the presentation. Abstract Everyone dies, once. This basic truth empowers formal mortality research. Similarly, everyone is born, once. This truth has not been fully exploited to benefit formal fertility research. Baudisch and Stott (2019) recently advanced the idea of an offspring population - yet unborn awaiting the event of birth, introducing a novel survivorship concept for birth. Formalizing the idea of birth survival, here we define the underlying random variable and derive the central triplet of survival analysis functions - the hazard, density, and survival. We derive a straightforward framework to capture age-specific patterns of birth, analogous to classical life table functions. Based on age-specific birth counts, we construct a birth table and meaningful summary measures such as birth expectancy and associated measures of spread. We advance a new framework to compare birth schedules across populations and to reveal macrolevel patterns and constraints. Our approach enables method transfer from mortality to fertility research, which can create an integrated framework to study birth and death for the same focal individual. Thereby, insights into the intertwined relationships between birth and death become possible. This, we envision, will open an entirely unexplored line of research. More Information: https://www.oeaw.ac.at/fileadmin/subsites/Institute/VID/PDF/Colloquium/2021 /Online_Colloquium_Announcement_Baudisch.pdf __________________________________

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500 Women Scientists Vienna Pod upcoming event - International Women's Day 08 March webinar
by LIJADI Anastasia Aldelina 01 Mar '21

01 Mar '21

Dear friends at Austrian Economic Association, We’re reviving the 500 Women Scientists Vienna Pod<http://500womenscientistsvienna.weebly.com/> with an event on International Women’s Day 8 March 2021 that we would like to invite your organization to: [Text Description automatically generated]<https://iiasa.zoom.us/meeting/register/tJckcuyhqzIuGtXQIoAON-PLjU6SpC8EYRJV> Please share this invitation with your member: * By forwarding this email * Sharing the attached PDF * By sharing our Tweet<https://twitter.com/500WS_Vienna/status/1364143902664630275?s=20> We look forward to meeting you at our event. Kind regards, Anastasia Aldelina Lijadi 500 Women Scientists Vienna Pod Coordinator [cid:image002.jpg@01D70E9C.46EAA9B0]@500WS_Vienna [cid:image003.jpg@01D70E9C.46EAA9B0]www.500womenscientistsvienna.eu<http://www.500womenscientistsvienna.eu>

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Launch of a Research Fellowship program by National Bank of Belgium
by Ritzberger-Gruenwald, Doris 01 Mar '21

01 Mar '21

Anbei eine Ankündigung eines Research Fellowship Programms der belgischen Notenbank. Bitte um Verteilung via den NOeG-Verteiler. Vielen Dank! Doris Ritzberger-Grünwald Director Economic Analysis and Research Department Oesterreichische Nationalbank Otto-Wagner-Platz 3, 1090 Vienna, Austria T:+43(0)1 40420-7002 doris.ritzberger-gruenwald(a)oenb.at<mailto:doris.ritzberger-gruenwald@oenb.at> www.oenb.at<http://www.oenb.at/> Betreff: Launch of a Research Fellowship program by National Bank of Belgium Dear Colleagues, From this year, the National Bank of Belgium is launching a Research Fellowship program 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 I 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. Hugues [cid:image003.png@01D70E89.E2DB99F0] 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: FIW-Jahresgutachten veröffentlicht und Eiladung zu kommenden Seminars in International Economics
by fiw-pb 01 Mar '21

01 Mar '21

[FIW_Logo_de_en] Please scroll down for the English version Sehr geehrte Damen und Herren, wir freuen uns, Sie über die neuesten Entwicklungen des FIW-Projekts informieren zu dürfen. Insbesondere möchten wir auf die kommenden Seminare in International Economics im März 2021hinweisen. 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. Dieses Mal mit folgendem Inhalt: * FIW-Jahresgutachten 2021 veröffentlicht * Exporters with Machine Learning (Online event) * The environmental bias of trade policy (Online event) * Theory to Policy with Gravitas: A Solution to the Mystery of the Excess Trade Balances (Online event) FIW-Jahresgutachten 2021 veröffentlicht: Österreichs Exporte im Jahr 2020 um 10,2% geschrumpft Das Kompetenzzentrum "Forschungsschwerpunkt Internationale Wirtschaft" (FIW) hat sein Gutachten zur Lage der österreichischen Außenwirtschaft im Jahr 2021 vorgelegt. Das Gutachten untersucht die Folgen der COVID-19 Pandemie für die österreichische Außenwirtschaft. Die Hauptergebnisse der kurzfristigen Außenwirtschaftsprognose können folgendermaßen zusammengefasst werden: Die österreichischen Waren- und Dienstleistungsexporte dürften im Jahr 2020 im Vergleich zu 2019 real um 10,2% niedriger ausfallen. Die Gesamtimporte werden über denselben Beobachtungszeitrum etwas stärker und real um 10,6% zurückgehen. Der Dienstleistungshandel ist von der COVID-19 Pandemie deutlich stärker negativ betroffen. Während die Warenexporte im positiven Szenario bis zum Jahresende 2021 das Vorkrisenniveau erreichen könnten, wird die Erholung für den Dienstleistungshandel deutlich länger dauern. Das FIW-Jahresgutachten 2021 steht Ihnen hier zum Download<https://fiw.ac.at/fileadmin/Documents/Publikationen/Jahresgutachten_2021/FI…> zur Verfügung. Der Datenappendix ist als PDF<https://fiw.ac.at/fileadmin/Documents/Publikationen/Jahresgutachten_2021/FI…>, sowie als Excel-Date<https://fiw.ac.at/fileadmin/Documents/Publikationen/Jahresgutachten_2021/FI…>i zum Download verfügbar. Einladung zum Seminar in International Economics: Predicting Exporters with Machine Learning (Online event) Predicting Exporters with Machine Learning (Online event) Vortragender: Armando Rungi, IMT School for Advanced Studies Lucca) Zeit: Donnerstag, 4. März 2021, 15:00 Uhr Registrierungslink: https://wiiw.ac.at/predicting-exporters-with-machine-learning-online-event-… 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 contribution, we exploit machine learning techniques to predict a firm's ability to export. In a pure prediction framework, we train a Bayesian Additive Regression Tree (BART) on the financial accounts of 57,021 manufacturing firms in France in the period 2010-2018. We obtain a relatively high accuracy of prediction, with a precision-recall at 0.91. Then, we show how predictions could be of help in assessing a firm-level exporting score, i.e., the distance of a firm from export status. We argue our exporting score has the potential to inform target-specific and evidence-based policies of internationalization. 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. 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. . 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, We are pleased to inform you about the latest developments of the FIW project. In particular, we would like to draw your attention to the upcoming Seminars in International Economics in March 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: * FIW Annual Report 2021 published * Exporters with Machine Learning (Online event) * The environmental bias of trade policy (Online event) * Theory to Policy with Gravitas: A Solution to the Mystery of the Excess Trade Balances (Online event) FIW Annual Report 2021 published: Austria's exports shrank by 10.2% in 2020 The 'Research Center International Economics' (FIW) has presented its annual report on the situation of Austria's foreign trade in 2021. The report examines the consequences of the COVID-19 pandemic for Austria's foreign trade. The main results of the short-term foreign trade forecast can be summarized as follows: Austrian exports of goods and services are expected to be 10.2% lower in real terms in 2020 compared to 2019. Total imports will decline slightly more over the same observation period, by 10.6% in real terms. Services trade is much more negatively affected by the COVID-19 pandemic. While goods exports could reach pre-crisis levels by the end of 2021 in the positive scenario, the recovery for services trade will take much longer. The FIW Annual Report 2021 is available for download here.<https://fiw.ac.at/fileadmin/Documents/Publikationen/Jahresgutachten_2021/FI…> The data appendix is available for download as a PDF<https://fiw.ac.at/fileadmin/Documents/Publikationen/Jahresgutachten_2021/FI…>, as well as an Excel file<https://fiw.ac.at/fileadmin/Documents/Publikationen/Jahresgutachten_2021/FI…>. Invitation to Seminar in International Economics: Predicting Exporters with Machine Learning (Online event) Predicting Exporters with Machine Learning (Online event) Speaker: Armando Rungi, IMT School for Advanced Studies Lucca) Time: March 4, 2021, 3:00 p.m. Registration link: https://wiiw.ac.at/predicting-exporters-with-machine-learning-online-event-… 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 contribution, we exploit machine learning techniques to predict a firm's ability to export. In a pure prediction framework, we train a Bayesian Additive Regression Tree (BART) on the financial accounts of 57,021 manufacturing firms in France in the period 2010-2018. We obtain a relatively high accuracy of prediction, with a precision-recall at 0.91. Then, we show how predictions could be of help in assessing a firm-level exporting score, i.e., the distance of a firm from export status. We argue our exporting score has the potential to inform target-specific and evidence-based policies of internationalization. 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). 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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