- NOeG-l - Wirtschaftsuniversität Wien

Joseph von Sonnenfels Center: An invitation and a reminder
by wolfgang.weigel＠univie.ac.at 14 Apr '16

14 Apr '16

Madam, Sir, dear members and colleagues on behalf of the partner-institutions may I first of all remind you of todays presentation by James Tremewan (Dept.of Economics Vienna) Two Comparisons of Monetary and Non-monetary Sanctions: Hard Labour in the Lab and Let the Punishment Fit the Criminal Venue: Seminar Schenkenstraße 4/2nd floor, 1010 Vienna 14 - 16 hours Moreover it is my pleasure to announce our second event Wolfgang Weigel If you prefer to be removed from the distribution list please reply to this e- mail with Subject: Remove Thank you Wolfgang Weigel Associate Professor and Chair Joseph von Sonnenfels Center, Department of Economics 05.502 University of Vienna Oskar Morgenstern Platz 1 1090 Vienna, Austria Mail to: wolfgang.weigel(a)univie.ac.at --- This email has been checked for viruses by Avast antivirus software. https://www.avast.com/antivirus The following section of this message contains a file attachment prepared for transmission using the Internet MIME message format. If you are using Pegasus Mail, or any other MIME-compliant system, you should be able to save it or view it from within your mailer. If you cannot, please ask your system administrator for assistance. ---- File information ----------- File: hts_1.JPG Date: 14 Apr 2016, 10:44 Size: 24768 bytes. Type: Unknown

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[International_seminars] Call for papers "Building Bridges in Social Welfare Policy in Eastern Europe" (19 September 2016, Vienna)
by AnetteScoppetta 13 Apr '16

13 Apr '16

*Dear colleagues,* May I herewith draw your attention to our *call for papers* for the Launch event "*Building Bridges in Social Welfare Policy in Eastern Europe*" that takes place on 19 September 2016 in Vienna. Please find further information below as well as here <http://www.euro.centre.org/detail.php?xml_id=2602>. Best regards Anette Scoppetta ---------------------------- /Call for papers for the launch event "Building Bridges in Social Welfare Policy in Eastern Europe"/ 19 September 2016, Vienna Innovative approaches can provide answers to economic and societal challenges such as demographic change, the current migration wave, and the unequal distribution of wealth. In order to improve European cohesion, the European Centre for Social Welfare Policy and Research aims at constructing new bridges between stakeholders, sectors, countries, policies, and systems in the field of social welfare. In this context, the European Centre will organize a launch event to further focus its activities in the EU acceding countries of Eastern Europe and countries of the Eastern Partnership. The Workshop "Building Bridges in Social Welfare Policy in Eastern Europe" takes place on 19 September 2016 in Vienna. It aims at gathering and exchanging expertise from researchers, policy makers and practitioners on Albania, Armenia, Azerbaijan, Bosnia and Herzegovina, Georgia, Kosovo, Macedonia, Moldova, Montenegro, Serbia, Turkey, and Ukraine. We particularly invite scholars and experts with expertise in innovative approaches in labour market policy and health and social care (long-term care) arrangements in the above countries to submit an abstract for * either an academic paper * or a good practice. The call for abstracts on academic papers and good practice is open until 27 May 2016. Further information is provided here <http://www.euro.centre.org/detail.php?xml_id=2602>. ----------------------------- -- Dr. Anette Scoppetta European Centre for Social Welfare Policy and Research Berggasse 17, A-1090 Vienna (Austria) Tel +43 1 319 45 05 49 www.euro.centre.org _______________________________________________ International_seminars mailing list International_seminars(a)euro.centre.org http://mailhost.euro.centre.org/cgi-bin/mailman/listinfo/international_semi…

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REMINDER: Invitation: Vienna Joint Economics Seminar (Apr 14): Giancarlo Corsetti and Christoph Kuzmics
by Economics Department 13 Apr '16

13 Apr '16

[cid:image002.png@01CEBF6B.D0B28790] VIENNA JOINT ECONOMICS SEMINAR INVITATION The University of Vienna and 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, April 14, 2016 University of Vienna, Oskar-Morgenstern-Platz 1, 1090 Vienna, HS 15, 2nd floor 4:00 pm Giancarlo Corsetti and Christoph Kuzmics University of Cambridge University of Graz Capital flows and monetary policy trade-offs (Giancarlo Corsetti) Abstract: In response to inefficient capital flows that cause real appreciation and external deficits monetary authorities face a trade-off between stabilising inflation, or addressing competitive losses by leaning against the appreciating exchange rate. We provide an analytical characterisation of this trade-off using the workhorse model of modern monetary analysis in open economy. Under incomplete markets, independently of nominal distortions, expectation-driven capital flows can move the natural rate allocation away from the first best. Based on a quadratic approximation to the utility-based global policy loss function, we show that the optimal monetary response under cooperation will be either more or less contractionary, depending on sensitivity of export/import demand to the real exchange rate, which in turn is a function of the degree of exchange rate pass-through (ERPT) as well as the substitutability of domestic and imported goods. In general, a high level of pass-through warrants policies that leans against exchange rate over-valuation and competitiveness losses, even at the cost of inflation. and Cognitive Empathy in Conflict Situations<http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2715160> (Christoph Kuzmics) Abstract: Two individuals are involved in a conflict situation in which preferences are ex ante uncertain. While they eventually learn their own preferences, they have to pay a small cost if they want to learn their opponent's preferences. We show that, for sufficiently small positive costs of information acquisition, in any Bayesian Nash equilibrium of the resulting game of incomplete information the probability of getting informed about the opponent's preferences is bounded away from zero and one. (paper jointly with Florian Gauer) We are looking forward to seeing you! Institute for Advanced Studies 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://www.ihs.ac.at LINKS DIRECTIONS TO<https://www.google.at/maps/place/Oskar-Morgenstern-Platz+1,+1090+Wien/@48.2…> UNIVERSITY OF VIENNA on Google maps<https://www.google.at/maps/place/Oskar-Morgenstern-Platz+1,+1090+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/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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OeNB fördert Forschung zu Integrationsthemen
by Altzinger, Wilfried 11 Apr '16

11 Apr '16

https://www.oenb.at/Presse/20160325.html OeNB fördert Forschung zu Integrationsthemen (25.03.2016, Wien) OeNB-Jubiläumsfonds setzt 1-Mio-EUR-Sonderschwerpunkt bei Wirtschaftswissenschaften Aus aktuellem Anlass schreibt der Jubiläumsfonds der Oesterreichischen Nationalbank (OeNB) einen zusätzlichen, mit 1 Mio Euro dotierten Forschungsschwerpunkt im Bereich Wirtschaftswissenschaften zum Thema "Migration, Arbeitsmarkt und Wirtschaftswachstum" aus. Damit sollen Forschungsarbeiten unterstützt werden, die sich unmittelbar dem zentralen Thema der Integration von Menschen mit Migrationshintergrund in den heimischen Arbeitsmarkt widmen. So möchte die OeNB einen Beitrag bei der schwierigen Suche nach konstruktiven und ökonomisch sinnvollen Lösungsansätzen bzw. Handlungsalternativen für Europa leisten. Europa und somit auch Österreich sind gegenwärtig mit den größten Migrationsbewegungen seit dem 2. Weltkrieg konfrontiert. Kaum ein Thema bewegt die Menschen derzeit stärker, kaum eine Agenda bestimmt den politischen Diskurs zurzeit so sehr wie die aktuelle Flüchtlingsdebatte. Akteure aus Politik und Wirtschaft müssen sich dabei großen und sich ständig ändernden Herausforderungen stellen. Die Bewältigung dieser Herausforderungen fällt insofern besonders schwer, als die Folgen der jüngsten Finanzmarkt- und auch Schuldenkrise noch nicht überwunden sind. Ein schwaches und fragiles Wirtschaftswachstum, steigende Arbeitslosenzahlen und unverändert hohe Schuldenquoten scheinen den ökonomischen Spielraum zu begrenzen, auch wenn viele der bislang vorliegenden Prognosen (u.a. vom Internationalen Währungsfonds (IWF) und der Organisation für wirtschaftliche Zusammenarbeit und Entwicklung (OECD)) positive Effekte für die Wirtschaft durch die Flüchtlingsströme vorhersagen. Diese Chancen werden sich aber nur dann in vollem Umfang realisieren lassen, wenn die Integration dieser Menschen in den Arbeitsmarkt erfolgreich ist und möglichst rasch und unbürokratisch gelingt. Dies stellt jedoch angesichts der verschiedenen Kulturkreise, der Qualifikations- und Ausbildungsunterschiede, der Sprachbarrieren sowie spezifischer demografischer Merkmale (z.B. Geschlechts- und Altersstruktur) der Zuwandernden ein schwieriges Unterfangen dar. Aufgrund dieser besonderen Umstände können zudem die im Zuge früherer Migrationsbewegungen aus Zentral-, Ost- und Südosteuropa gemachten Erfahrungen auf die aktuelle Situation kaum angewendet werden. * Weiterführende Links * Forschungsschwerpunkt "Migration, Arbeitsmarkt und Wirtschaftswachstum"<https://www.oenb.at/Ueber-Uns/Forschungsfoerderung/Jubilaeumsfonds/aktuelle…>

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REMINDER: Invitation: Joint Vienna Macro Seminar (April 12): Luisa Lambertini
by Economics Department 11 Apr '16

11 Apr '16

[cid:image002.png@01D1940E.3B4E3850][cid:image003.png@01D1940E.3B4E3850] 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, April 12, 2016 Institute for Advanced Studies Josefstädter Straße 39, 1080 Vienna Lecture Room E02, ground floor 5:00 pm Luisa<http://cfi.epfl.ch/page-40442.html> Lambertini<http://cfi.epfl.ch/page-40442.html> EPFL, Lausanne Monetary Commitment and the Level of Public Debt<http://www.ihs.ac.at/index.php?eID=tx_nawsecuredl&u=0&g=0&t=1460474238&hash…> Abstract: We analyze the interaction between committed monetary and discretionary fiscal policy in a model with public debt, endogenous government expenditure, distortive taxation, and nominal rigidities. Fiscal decisions lack commitment but are Markov-perfect. Monetary commitment to an interest-rate path leads to a unique level of debt. This level of debt is positive if the central bank adopts closed-loop strategies that raise the real rate when inflation is above target due to fiscal deviations; more aggressive defense of the inflation target implies lower debt and higher welfare. Simple Taylor-type interest-rate rules achieve welfare levels similar to sophisticated closed-loop strategies. paper jointly with Stefano Gnocchi We are looking forward to seeing you! Institute for Advanced Studies 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/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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Einladung zur Vortragsreihe WIFO-Extern am 19. April 2016, 13:15
by WIFO-Veranstaltungen 08 Apr '16

08 Apr '16

Um die graphische Version (HTML) dieses E-Mails zu sehen, klicken Sie auf den folgenden Link, oder kopieren Sie ihn in Ihren Browser: < http://newsletter.wifo.ac.at/sys/w.aspx?sub=lzZbB_1eGzrG&mid=438a75b0 > Einladung: WIFO-Extern zum Thema "Strukturanpassung im österreichischen Lebensmittelhandel" ------------------------------------------------------------- ------------------------------------------------------------- Sehr geehrte Damen und Herren, das WIFO lädt Sie herzlich zum nächsten Termin der Vortragsreihe WIFO-Extern ein: DIENSTAG, 19. April 2016, 13:15 Uhr WIFO, Kleiner Sitzungssaal Michael Böheim, Franz Sinabell, Dieter Pennerstorfer (WIFO) "Strukturanpassung im österreichischen Lebensmittelhandel. Auswirkung auf die Versorgung und wettbewerbsökonomische Implikationen" Kommentar: tba Abstract: Der österreichische Lebensmitteleinzelhandel ist durch eine hohe und steigende Marktkonzentration gekennzeichnet. Neben Verfahren wegen verbotener Preisabsprachen in den letzten Jahren geriet dieser Sektor zuletzt durch die Insolvenz der Zielpunkt GmbH Ende 2015 erneut in den wirtschaftspolitischen Fokus. Die Insolvenz dieser Handelskette hat, wie die vorliegende Untersuchung zeigt, nur geringe Auswirkungen auf die Versorgungsqualität und die Angebotsvielfalt. Da ein Wettbewerber aus dem Markt ausgeschieden ist, ist der Zuwachs der Marktkonzentration aber beträchtlich. Die geplante Übernahme einiger Zielpunkt-Filialen durch Unternehmen mit geringem Marktanteil kann die Zunahme der Marktkonzentration nicht abfedern, da die meisten Filialen durch die Marktführer übernommen werden. Bei Interesse am Besuch dieses Vortrages schicken Sie bitte (bis einen Tag vor der Veranstaltung) eine formlose Anmeldung an veranstaltungen(a)wifo.ac.at < http://newsletter.wifo.ac.at/sys/r.aspx?sub=lzZbB_1eGzrG&link=632Q > , um uns die Abschätzung des Raumbedarfs zu erleichtern. Um diesen Vortrag in Ihren Kalender zu importieren, klicken Sie bitte hier < http://newsletter.wifo.ac.at/sys/r.aspx?sub=lzZbB_1eGzrG&link=632O&mid=438a… > . Wir würden uns freuen, Sie zu diesem Vortrag am WIFO begrüßen zu dürfen! --------------------------------------------------------------------------------------------- Fabian Unterlass WIFO - Österreichisches Institut für Wirtschaftsforschung Arsenal, Objekt 20 1030 Wien Tel.: +43 (1) 798 26 01-477 Fax: +43 (1) 798 93 86 Web: http://www.wifo.ac.at E-Mail: fabian.unterlass(a)wifo.ac.at --------------------------------------------------------------------------------------------- © 2014 Österreichisches Institut für Wirtschaftsforschung 1030 Wien, Arsenal, Objekt 20 Impressum < http://newsletter.wifo.ac.at/sys/r.aspx?sub=lzZbB_1eGzrG&link=632R > | AGB < http://newsletter.wifo.ac.at/sys/r.aspx?sub=lzZbB_1eGzrG&link=632T > | Datenschutzerklärung < http://newsletter.wifo.ac.at/sys/r.aspx?sub=lzZbB_1eGzrG&link=632S > Tel.: +43 (0) 1 798 26 01-0 Fax: + 43 (0) 1 798 93 86 E-Mail: publikationen(a)wifo.ac.at ------------------------------------------------------------- Persönliche Daten ändern: < http://newsletter.wifo.ac.at/sys/r.aspx?sub=lzZbB_1eGzrG&sl=1ng&mid=438a75b0 > ------------------------------------------------------------- Weiterleiten: < http://newsletter.wifo.ac.at/sys/r.aspx?sub=lzZbB_1eGzrG&sl=1nh&mid=438a75b0 > ------------------------------------------------------------- Newsletter abbestellen: < http://newsletter.wifo.ac.at/sys/r.aspx?sub=lzZbB_1eGzrG&sl=1nf&mid=438a75b0 > -------------------------------------------------------------

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OeNB - Einladung zum VOSTA-Freitagsseminar - 22. April 2016
by Event-Management 08 Apr '16

08 Apr '16

Sehr geehrte Damen und Herren! Anbei übermitteln wir Ihnen die Einladung zu einem VOSTA-Freitagsseminar von Dimitrios Tsomocos, Universität Oxford, mit dem Titel "Debt, Recovery Rates and the Greek Dilemma " Termin Freitag, 22. April 2016, 11 Uhr Ort Oesterreichische Nationalbank Otto-Wagner-Platz 3, 1090 Wien Veranstaltungssaal, EG Abstract Most discussion of the Greek debt overhang has focused on the implications for Greece, implicitly assuming a zero-sum game whereby any benefit to Greece from debt forgiveness implies an equal and opposite cost to the (German) creditor. If, however, the additional funds released to the debtor (Greece) are used efficiently in pursuit of a practicable business plan, then both debtor and creditor can benefit, in terms of higher net present value, from debt forgiveness, as we demonstrate in this paper. Here we examine a dynamic 2 country model calibrated to the Greek and German (as its creditor) economy and show that restructuring Greek debt may be beneficial for both debtors and creditors. We find that forgiving debt in arrears lowers the volatility of German consumption and dampens fluctuations following shocks, whereas demanding higher recovery rates has the opposite effect. Finally our model provides an endogenous debt-to-assets ratio and an endogenous structure of liabilities in our debtor country. Um Ihre Rückmeldung ersuchen wir bis Mittwoch, 20. April 2016. Wir freuen uns auf Ihre Teilnahme und stehen für Fragen gerne zur Verfügung. Mit freundlichen Grüßen Event-Management ________________________ Oesterreichische Nationalbank Abteilung für Öffentlichkeitsarbeit Communications Division Event-Management Phone: +43-1-404 20-6620 Fax: +43-1-404 20-6697 E-Mail: event-management(a)oenb.at<mailto:event-management@oenb.at> OeNB 1816-2016 - informieren Sie sich über 200 Jahre Stabilität und Sicherheit 200 Jahre OeNB<http://www.oenb.at/200JahreOeNB> 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.

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Reminder: First Kazimierz Łaski Lecture, 8 April 2016
by wiiw WIENER INSTITUT 08 Apr '16

08 Apr '16

Ladies and Gentlemen, We cordially invite you to the first Kazimierz Łaski Lecture Amit Bhaduri Professor Emeritus at Jawaharlal Nehru University, Delhi Power, Inequality and Economic Policy Friday, April 8, 2016, 1.30 pm AK Wien Bürogebäude 2 Vortragssaal, 6. Stock Plößlgasse 2 1040 Vienna The lecture is organized in cooperation with AK Wien. Abstract Power is the organising principle of inequality, be it of income, wealth, gender, race, religion or region. In mainstream economic theory, interactions among rational isolated individuals are connected to one another only through prices and quantities in the market. For those brought up in this intellectual tradition, this has set a mildly dissident research agenda for analysing `market failures´, and how wrong prices get set. However, the debate between market fundamentalists and those who allow for the possibility of price failures under various characterisations of imperfect information (e.g. moral hazard, asymmetric information, adverse selection etc.) touches tangentially, but does not really face the question of economic power. At the abstract level institutions are social devices put in place not just to routinize actions, but to reduce the options or strategy sets of some and to expand that of others. More than anything else, the analysis of economic power is the analysis of institutions and their reinforcing ideologies. The lecture tries to illustrate this with two examples of guiding economic policies, one from a developed (USA) and one from a developing (India) capitalism. Speaker Dr. Amit Bhaduri is Professor Emeritus at Jawaharlal Nehru University, Delhi, and is currently the Visiting Chair Professor in Political Economy at Goa University. He has served as Professor of Political Economy at the University of Pavia, Reader at the Delhi School of Economics, and Professor at the Indian Institute of Management, Calcutta. Dr. Bhaduri´s research spans several important fields including capital and growth theory, Keynesian and Post-Keynesian macroeconomics, and development economics. Together with Diane Elson he is 2016 Leontief Prize Winner, awarded by the Global Development and Environment Institute at Tufts University. Best regards Michael Landesmann Scientific Director wiiw -- Michaela Bönisch Wiener Institut für Internationale Wirtschaftsvergleiche (wiiw) The Vienna Institute for International Economic Studies Rahlgasse 3, A-1060 Wien T: +43 1 533 66 10 - 40 F: +43 1 533 66 10 - 50 boenisch(a)wiiw.ac.at http://www.wiiw.ac.at/ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ If you do not want to receive further mailings please send an e-mail to boenisch(a)wiiw.ac.at Falls Sie keine weiteren Zusendungen des wiiw wünschen senden Sie bitte ein E-Mail an boenisch(a)wiiw.ac.at

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Reminder: wiiw-FIW-Seminar in International Economics, 14 April 2016
by wiiw WIENER INSTITUT 08 Apr '16

08 Apr '16

Dear Colleague, We cordially invite you to the wiiw-FIW-Seminar in International Economics on Thursday, April 14th, 4 pm wiiw, Rahlgasse 3, 1060 Vienna, Library (2nd floor) SWIMMING UPSTREAM: Input-Output Linkages and the Direction of Product Adoption Johannes Boehm (with Swati Dhingra and John Morrow) SciencesPo Paris Abstract Multiproduct firms dominate production, and their product turnover contributes substantially to aggregate growth. Firms continually adapt their product mix, but what determines which products firms expand into? Theories of the firm propose that multiproduct firms choose to make products which need the same know-how or inputs that can't be bought `off the shelf'. We empirically examine this rationale by testing for firm-level capabilities that are shared across products and manifested through input-output (IO) linkages. We show that a firm's idiosyncratic horizontal and vertical similarity to a product's IO structure predicts product adoption. Using product-specific policy changes for a firm's inputs and outputs, we show that input linkages are the most important, suggesting that firms' product capabilities depend more on economies of scope rather than product market complementarities. Keywords: Multiproduct firms, product adoption, vertical linkages, horizontal linkages JEL Classification: L1, L2, M2, O3 After the seminar there will be the opportunity for the speaker and the audience for further discussions, accompanied by drinks and snacks. This seminar series is an activity in the framework of FIW ('Forschungsschwerpunkt Internationale Wirtschaft'), which is a project designed to build a center of excellence in research on International Economics, funded by the Austrian Ministry of Science, Research and Economy (BMWFW). The seminar programme is regularly updated. Please visit our website for the current version of the programme at: http://wiiw.ac.at/fiw-wiiw-seminars-in-international-economics-es-6.html http://www.fiw.ac.at/index.php?id=748 (Papers and presentation slides, as far as available, are posted on our homepage http://wiiw.ac.at/events.html after the respective seminars.) Best regards Julia Grübler Organizer -- Michaela Bönisch Wiener Institut für Internationale Wirtschaftsvergleiche (wiiw) The Vienna Institute for International Economic Studies Rahlgasse 3, A-1060 Wien T: +43 1 533 66 10 - 40 F: +43 1 533 66 10 - 50 boenisch(a)wiiw.ac.at http://www.wiiw.ac.at/ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ If you do not want to receive further mailings please send an e-mail to boenisch(a)wiiw.ac.at Falls Sie keine weiteren Zusendungen des wiiw wünschen senden Sie bitte ein E-Mail an boenisch(a)wiiw.ac.at

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Invitation: Vienna Joint Economics Seminar (Apr 14): Giancarlo Corsetti and Christoph Kuzmics
by Economics Department 07 Apr '16

07 Apr '16

[cid:image002.png@01CEBF6B.D0B28790] VIENNA JOINT ECONOMICS SEMINAR INVITATION The University of Vienna and 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, April 14, 2016 University of Vienna, Oskar-Morgenstern-Platz 1, 1090 Vienna, HS 15, 2nd floor 4:00 pm Giancarlo Corsetti and Christoph Kuzmics University of Cambridge University of Graz Title tba (Giancarlo Corsetti) and Cognitive Empathy in Conflict Situations<http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2715160> (Christoph Kuzmics) Abstract: Two individuals are involved in a conflict situation in which preferences are ex ante uncertain. While they eventually learn their own preferences, they have to pay a small cost if they want to learn their opponent's preferences. We show that, for sufficiently small positive costs of information acquisition, in any Bayesian Nash equilibrium of the resulting game of incomplete information the probability of getting informed about the opponent's preferences is bounded away from zero and one. (paper jointly with Florian Gauer) We are looking forward to seeing you! Institute for Advanced Studies 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://www.ihs.ac.at LINKS DIRECTIONS TO<https://www.google.at/maps/place/Oskar-Morgenstern-Platz+1,+1090+Wien/@48.2…> UNIVERSITY OF VIENNA on Google maps<https://www.google.at/maps/place/Oskar-Morgenstern-Platz+1,+1090+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/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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