- NOeG-l - Wirtschaftsuniversität Wien

Economic Theory & Policy Seminar / J. Guentner (JKU) / Multinational firms and bank lending
by Hutter, Julia 03 Jun '25

03 Jun '25

Dear all, we kindly invite you to our next Economic Theory & Policy talk on Mon, June 16, 2025, 4:00 PM - TU Wien, Seminarroom: DA green 04 (Freihaus Building, 4th floor, green area) Jochen Guentner (JKU) https://sites.google.com/site/econjochen/ “Multinational firms and bank lending” This paper analyzes the external and internal financing decisions of multinational firms (MNEs) and their role in the transmission of productivity shocks across borders. We extend the costly-state-verification model of Bernanke et al. (1999) to include the internal capital market of an MNE and derive predictions for its optimal external and internal borrowing in response to a change in the productivity of foreign affiliates. Using mandatory-reporting data on bank credit of Austrian MNEs and their FDI relationships with German affiliates for 2007–2022, we test our theoretical predictions empirically. We find that, relative to affiliate total assets, parent firms in Austria extend less internal credit to more productive German affiliates and reduce their own external borrowing from Austrian banks. Consistent with a higher external finance premium, more productive German affiliates reduce their (net) internal liabilities with Austrian parents and increase their external leverage instead. Further events and details: https://www.tuwien.at/en/mg/econ/events Best, Julia Hutter Julia Hutter TU Wien Institute of Statistics and Mathematical Methods in Economics Research Group Economics Phone: +43 1 58801 10531 Mail: julia.hutter(a)tuwien.ac.at<mailto:julia.hutter@tuwien.ac.at> https://econ.tuwien.ac.at/

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REMINDER - [INEQ Research Seminar] Pedro Carneiro (UCL), June 2 Interactions: Do Teacher Behaviors Predict Achievement, Executive Function, and Non- Cognitive Outcomes in Elementary School?
by Disslbacher, Franziska 30 May '25

30 May '25

Dear colleagues, We hereby invite you to join our next Economics of Inequality Research Seminar<https://www.wu.ac.at/en/ineq/outreach/ineq-research-seminar> at WU Vienna. Pedro Carneiro<https://www.ucl.ac.uk/~uctppca/> (UCL) will present the paper Interactions: Do Teacher Behaviors Predict Achievement, Executive Function, and Non- Cognitive Outcomes in Elementary School? Co-Authors: Alejandra Campos (Columbia), Yyannu Cruz-Aguayo (IADB), Carolina Echeverri (University of Minnesota), Norbert Schady (World Bank) Date and Time: Monday, June 2nd; 3.00 p.m. Location: WU Vienna, D3 - D3.0.222<https://campus.wu.ac.at/?q=D3.0.222>. Abstract The quality of the interaction between a teacher and her students can be assessed through classroom observations, in which observers measure the extent to which a teacher engages in classroom behaviors that educators and educational psychologists believe to be conducive to learning. Using an experiment where i) students are randomly assigned to different teachers in each year of elementary school, ii) students are tested annually in math, language and executive function (EF), and iii) teachers are filmed for a day (from which the quality of their classroom interactions can be measured), we estimate the impact of being sequentially exposed to different levels of quality of interactions during the first 5 years of schooling. We show that: 1) teachers’ quality, as assessed by the quality of interactions with students, impacts their students’ achievement not only in math, language, but also in EF; 2) these impacts are small but persistent; 3) impacts are similar across grades; 4) teacher quality is perfectly substitutable across grades. Please register your participation here<https://www.wu.ac.at/en/ineq/outreach/ineq-research-seminar/registration-ca…>. Best regards, Franziska Disslbacher ---- Franziska Disslbacher, PhD Assistant Professor Institute for Spatial & Social-Ecological Transformations & Research Institute Economics of Inequality WU, Vienna University of Economics and Business Welthandelsplatz 1, 1020 Vienna, Austria CenTax Center for the Analysis of Taxation – University Warwick | LSE International Inequalities Institute – Research Fellow | Stone Center on Socio-Economic Inequality CUNY | SOEP / DIW – Associated Researcher World Inequality Lab PSE– Research Fellow +43 1 313 36 6669 franziska.disslbacher(a)wu.ac.at<mailto:franziska.disslbacher@wu.ac.at> franziskadisslbacher.com<http://franziskadisslbacher.com>

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Invitation | Labour Productivity Puzzle in France since the Covid-19 Pandemic
by office＠produktivitaetsrat.at 30 May '25

30 May '25

[Eventheader] Labour Productivity Puzzle in France since the Covid-19 Pandemic Webinar with Alain Durré, French National Productivity Board<https://www.strategie.gouv.fr/actualites/installation-france-strategie-cons…> Hello, The Office of the Austrian Productivity Board (Produktivitätsrat) invites you to an online Seminar with Alain Durré<https://www.strategie.gouv.fr/alain-durre>, French National Productivity Board<https://www.strategie.gouv.fr/actualites/installation-france-strategie-cons…>, on 5 June 2025. Abstract Beyond factors common to all euro area countries; the analysis explores potential factors specific to France that may explain the additional slowdown in labour productivity per employee in market sectors (excluding agriculture), relative to its pre-Covid trend (2010-2019). Drawing on recent empirical literature, this section introduces three key innovations: (a) it provides an updated and more precise methodology compared with previous studies, incorporating recent national accounts data; (b) it examines the sensitivity of the findings to certain underlying assumptions; and (c) it investigates the causes of the productivity slowdown at the sector level. Drawing on new data from the French national accounts (base year 2020 ), we analyse changes in apparent labour productivity per capita across sectors between the fourth quarter of 2019 and the first quarter of 2024. In order to assess accurately the contribution of each sector to overall productivity in the economy, these variations are analysed according to each sector's relative size. A special role from recent labour market reforms - in favour of more apprenticeships and labour market participation - is particularly discussed at the global et sectoral levels. Host em. o. Univ. Prof. Dr. Christoph Badelt, Chairman of the Austrian Productivity Board Date Thursday, 5 June 2025 | 15:00 - 16:00 CEST Venue The event is planned online via Webex. Webex-Link https://oenb.webex.com/oenb/j.php?MTID=mecc176ecad3893de2e5b74fad0c83f15 Conference language English We look forward to having you join us at the Seminar. Please feel free to share this invitation with colleagues or others who might be interested. If applicable, we would also appreciate it if you could inform colleagues involved in the work of your national productivity board. Yours sincerely, Austrian Productivity Board If you do have any questions or want to notify us of any address changes, please contact: E-Mail: office(a)produktivitaetsrat.at<mailto:office@produktivitaetsrat.at> Imprint<https://www.produktivitaetsrat.at/en/service/imprint.html> | Data Protection<https://www.produktivitaetsrat.at/en/service/data-protection.html>

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Call for Abstracts: Workshop II Adverse Allies in Linz
by Alexander Linsbichler 28 May '25

28 May '25

*Call for Abstracts: Workshop II: Adverse Allies: Logical Empiricism and Austrian Economics* *23.9.-25.9.2025, Johannes Kepler University Linz, Austria* The FWF ESPRIT research project “Adverse Allies: Logical Empiricism and Austrian Economics”, the Institute of Philosophy and Scientific Method (JKU Linz), the Institute Vienna Circle (University of Vienna), and the Vienna Circle Society host two workshops in 2025. The organisers seek submissions for contributed talks for the second workshop. You can find more information about the workshops here <https://www.jku.at/en/institute-of-philosophy-and-scientific-method/adverse…> . *Deadline for Submissions of Abstracts for Workshop II: 08.06.2025* Notification of Acceptance: 08.07.2025 at the latest *Workshop II in Linz: 23.09.-25.09.2025* Logical empiricism and Austrian economics are arguably the two internationally most influential intellectual movements with Viennese roots. The Vienna Circle and the Austrian School have shaped the development of philosophical, scientific, and political debate in the 20th century. In the 21st century, logical empiricism has undergone extensive re-evaluation, while the Austrian School experiences another revival. Yet, despite numerous connections and interactions between the two movements, their relationship has captured surprisingly sparse attention in the historical and philosophical literature. If an account is provided at all, logical empiricists and Austrian economists are portrayed as philosophically, scientifically, and politically antithetical groups. Among the most frequently mentioned contrastive pairs of catchwords are empiricism vs apriorism, formal methods vs verbal reasoning, and socialism vs classical liberalism. Acknowledging the existence of disagreements between logical empiricism and the Austrian School, recent scholarship has challenged the received view of antithetical opposition by reconstructing hitherto neglected compatibilities and similarities between the two movements. This workshop aims to advance historical as well as systematic discussions on the relationship between logical empiricism and Austrian economics. Contributions that fruitfully inform contemporary debates in philosophy, methodology, politics, or the sciences are particularly welcome. *Topics for workshop II include but are not limited to:· Karl Menger and Felix Kaufmann as mediators between LE and AE· common influences: Frege, Husserl, Kant, Mach, Wittgenstein· non-cognitivism, the fact/value distinction, and the ideal of value-neutrality· the principle of tolerance and polylogism· logical tolerance, methodological tolerance, political liberalism· logicism and the logic of action· naturalism vs antinaturalism, unity vs disunity of science, scientific pluralism and pseudorationality· essentialism and its discontents (Menger, Wieser, Neurath, Popper, Rothbard,…)· defenses of democracy in Viennese Late Enlightenment* *· expertise, education, and democracy* *Abstracts should be 300-400 words (including references, if needed) and submitted here <https://docs.google.com/forms/d/e/1FAIpQLSe4Oa0v65SfMmKUhTmr88xVx847CuxPpta…>.* *Scientific Committee: *Alexander Linsbichler (chair), Julian Reiss, Georg Schiemer, Friedrich Stadler *Local Organising Committee:* Alexander Linsbichler, Michalis Christou, Robert Frühstückl, Jakob Gschwandtner, Jonatan Magnusson, Pauline Paulik, William Peden, Julian Reiss, Evelin Stockinger *Selected Speakers: *Theo Anders, Daniel Eckert, Karl-Friedrich Israel, Alexander Linsbichler, Elisabeth Nemeth, Reinhard Neck, Michael Oliva Cordoba, Scott Scheall, Anne Siegetsleitner, Lukas Starchl, Adam Tamas Tuboly, Thomas Uebel, Igor Wysocki *Queries:* Alexander Linsbichler (alexander.linsbichler(a)jku.at) Both workshops are supported by the Division of Logic, Methodology and Philosophy of Science and Technology (DLMPST) of the International Union of History and Philosophy of Science and Technology. ------ *Alexander Linsbichler* Institute of Philosophy and Scientific Method (Johannes Kepler University Linz) alexander.linsbichler(a)jku.at Department of Philosophy ( <https://ufind.univie.ac.at/de/person.html?id=47545>University of Vienna) <https://ufind.univie.ac.at/de/person.html?id=47545> alexander.linsbichler(a)univie.ac.at *neu erschienen: Viel mehr <https://www.vandenhoeck-ruprecht-verlage.com/detail/index/sArticle/57805/sC…>als nur <https://www.vandenhoeck-ruprecht-verlage.com/detail/index/sArticle/57805/sC…>Ökonomie <https://www.vandenhoeck-ruprecht-verlage.com/detail/index/sArticle/57805/sC…> (Böhlau, 2022)*

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WU Economics Research Seminar, 5.6.2025, 4 pm to 5.30 pm, Tibor Besedeš (Georgia Institute of Technology)
by Oberhofer, Harald 26 May '25

26 May '25

Dear colleagues, The Department of Economics cordially invites you to the WU Economics Research Seminar on Thursday, June 5th, with Tibor Besedeš (Georgia Institute of Technology) on "Experimenting with Ash: The Trade-Effects of Airspace Closures in the Aftermath of Eyjafjallajökull" Abstract: This paper attempts to quantify the effects of a temporary disruption to air transportation on trade using the natural experiment that forced cancellations to roughly one half of all flights originating and/or terminating in Europe between April 15 and April 22. The immediate impact of the disruption to flights was to cause a relatively small (8%) decline in US-bound air freight from Europe. The corresponding elasticity of air freight with respect to flight cancellations was about -0.55. Over the long-term, however, the impact may have been larger due to the persistence of trade, moreover some of the effects of flight cancellations spilled over by affecting air freight volumes between the US and its non-European trading partners. Partially offsetting these effects however were positive impacts on trading relationships, as US importers sourced alternative sources to countries to make up for the loss in European supply. Date: Thursday, June 5th Time: 4.00 to 5.30 pm (CET) Location: building D4, ground floor, D4.0.019<https://campus.wu.ac.at/?q=D4.0.019> With best regards, Harald Oberhofer --- Univ.-Prof. Dr. Harald Oberhofer Department of Economics WU Vienna University of Economics and Business Phone: +43/1/31336-4984 Email: harald.oberhofer(a)wu.ac.at<mailto:harald.oberhofer@wu.ac.at> https://www.wu.ac.at/en/economics/people/oberhofer-h Austrian Institute of Economic Research (WIFO) Phone: +43/1/7982601-468 Email: harald.oberhofer(a)wifo.ac.at<mailto:harald.oberhofer@wifo.ac.at> http://www.wifo.ac.at/harald_oberhofer

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Job Offer 649-1/24 PreDoc University Assistant at University of Klagenfurt
by QED 22 May '25

22 May '25

Dear Sir or Madam, Please find attached a job offer for a full-time Predoctoral University Assistant at the Department of Economics (Quantitative Economics Division) University of Klagenfurt, Austria. The application deadline ends on July 2, 2025. We would appreciate it if you could disseminate this information among any interested PhD students and researchers and post it via any channels, newsletters, mailing lists, etc. you see fit. The University of Klagenfurt aims at increasing the share of female researchers and therefore specifically invites qualified women to apply for the position. Best regards, Christina Kopetzky Christina Kopetzky Inst. für Volkswirtschaftslehre / Makroökonomik und Quantitative Wirtschaftsforschung Dept. of Economics / Quantitative Economics Division (Prof. Martin Wagner) Alpen-Adria-Universität Klagenfurt Universitätsstraße 65-67 9020 Klagenfurt Austria Tel: +43 463 2700 4102 / Fax: +43 463 2700 994102 Mail: vwl2(a)aau.at<mailto:vwl2@aau.at> / christina.kopetzky(a)aau.at<mailto:christina.kopetzky@aau.at> www.aau.at/vwl<http://www.aau.at/vwl> www.aau.at/econ/mtsa2024<http://www.aau.at/econ/mtsa2024>

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Einladung WIFO-Wirtschaftsgespräche 4. Juni 2025
by Veranstaltungen 22 May '25

22 May '25

Sehr geehrte Damen und Herren, wir möchten Sie hiermit herzlich zu den WIFO-Wirtschaftsgesprächen mit Gabriel Felbermayr, Ulrike Huemer, Barbara Teiber und Harald Mahrer am Mittwoch, 4. Juni 2025 einladen. Programm und Details: https://www.wifo.ac.at/news/wifo-wirtschaftsgespraeche-2025/ Liebe Grüße, Verena Kraushofer Verena Kraushofer, M.A. Event- und PR-Management T +43 1 798 26 01 298 M +43 664 225 66 47 E verena.kraushofer(a)wifo.ac.at<mailto:verena.kraushofer@wifo.ac.at> twitter.com/v_kraushofer [cid:image001.png@01DBCB09.7757F980] 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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16th Geoffrey J.D. Hewings Workshop @ WIFO
by regional 22 May '25

22 May '25

Dear colleagues, dear members of NOEG, this is a short reminder about the call for papers for our traditional Geoff Hewings Workshop in Vienna, September 24-26, 2025. We hope that our keynote speakers and the theme for abstract submissions will inspire you to participate. We are also pleased to announce that this year the workshop is being organised in collaboration with the 20th Workshop of the European Union - Regional Economics Applications Laboratory (EU-REAL). Best regards, WIFO regional team

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Geoffrey Hewings Workshop - Call for Papers
by Veranstaltungen 20 May '25

20 May '25

Sehr geehrte Damen und Herren, ich darf Sie an den diesjährigen Geoffrey Hewings Workshop erinnern, der von 24. bis 26. September am WIFO stattfindet. Die Teilnahme an dem Workshop ist kostenlos. Einreichungen sind bis 15. Juli 2025 möglich. Weitere Details und Informationen zum Workshop finden Sie hier: https://www.wifo.ac.at/news/16-geoffrey-j-d-hewings-workshop-zur-regionaloe… Liebe Grüße, Verena Kraushofer Verena Kraushofer, M.A. Event- und PR-Management T +43 1 798 26 01 298 M +43 664 225 66 47 E verena.kraushofer(a)wifo.ac.at<mailto:verena.kraushofer@wifo.ac.at> twitter.com/v_kraushofer [cid:image001.png@01DBC96D.0744F6E0] 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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WU Economics Research Seminar, 28.5.2025, 4.30 pm to 6 pm, Ben Heijdra (University of Groningen)
by Oberhofer, Harald 19 May '25

19 May '25

Dear colleagues, The Department of Economics cordially invites you to the WU Economics Research Seminar on Wednesday, May 28th, with Ben J. Heijdra (University of Groningen) on "Rent-seeking, capital accumulation, and macroeconomic growth" Abstract: We study the effects of rent-seeking on economic growth. The starting point is an overlapping generations model where growth is driven by human capital accumulation. In this setting we introduce a source of rent, namely monopolization of one of the sectors of the economy, and agents who are heterogeneous in their (intrinsically useless) rent-seeking ability. Agents can boost their income either by investing in human capital or by capturing a fraction of rent. Monopolization increases the growth rate. The effect of rent-seeking on growth is ambiguous, but it increases wealth inequality. Date: Wednesday, May 28th Time: 4.30 to 6 pm (CET) Location: building D4, ground floor, D4.0.144<https://campus.wu.ac.at/?q=D4.0.144> With best regards, Harald Oberhofer --- Univ.-Prof. Dr. Harald Oberhofer Department of Economics WU Vienna University of Economics and Business Phone: +43/1/31336-4984 Email: harald.oberhofer(a)wu.ac.at<mailto:harald.oberhofer@wu.ac.at> https://www.wu.ac.at/en/economics/people/oberhofer-h Austrian Institute of Economic Research (WIFO) Phone: +43/1/7982601-468 Email: harald.oberhofer(a)wifo.ac.at<mailto:harald.oberhofer@wifo.ac.at> http://www.wifo.ac.at/harald_oberhofer

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