- NOeG-l - Wirtschaftsuniversität Wien

VWL-Stellenausschreibung an der AAU Klagenfurt
by vwl2 03 Dec '15

03 Dec '15

Sehr geehrte Damen und Herren, in der Anlage übermitteln wir Ihnen die Ausschreibung einer Stelle am Institut für Volkswirtschaftslehre der Alpen-Adria-Universität Klagenfurt mit der Bitte, diese in Ihrem fachlichen Umfeld bekannt und insbesondere geeignete Bewerberinnen darauf aufmerksam zu machen. Mit bestem Dank im Voraus und freundlichen Grüßen Christina Kopetzky _________________________________________________________________________________________________ Christina Kopetzky Institut für Volkswirtschaftslehre - Department of Economics (Prof. Neck) Alpen-Adria-Universität Klagenfurt Universitaetsstrasse 65-67, A-9020 Klagenfurt Tel. +43 463 2700 4102 - Fax +43 463 2700 994102 E-Mail: vwl2(a)aau.at<mailto:vwl2@aau.at> - http://www.uni-klu.ac.at/vwl

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Reminder: wiiw seminar "Policy Perspectives for European Integration", 3 December 2015
by wiiw WIENER INSTITUT 03 Dec '15

03 Dec '15

Dear Colleague, We cordially invite you to the next wiiw seminar 'Policy Perspectives for European Integration' on Thursday, 3 December 2015, 5 pm wiiw, Vienna 6, Rahlgasse 3, lecture hall (entrance from the ground floor) The European Asylum Crisis Heinz Faßmann Vice-Rector for Research and International Affairs, University of Vienna Abstract Heinz Faßmann will present an overview of the current asylum flows from the main countries of origin in the MENA region to Europe based on available statistics. Furthermore, the demography and the qualification of the asylum seekers to Austria and Germany will be investigated. In the focus of the presentation will be a discussion of the Common European Asylum System (CEAS) and the question why the system has failed and how it can be re-implemented. The EU has been working on the creation of a Common European Asylum System since 1999 and attempts were made to improve the legislative framework. Between 1999 and 2005 several legislative measures were adopted with the purpose of harmonising the common minimum standards for asylum. In that respect, the Asylum Procedures Directive, the Reception Conditions Directive, the Qualification Directive, the Dublin Regulation and the EURODAC Regulation have to be mentioned. Finally, an outlook for the European and national policy reactions will be presented. (Papers and Powerpoint presentations, as far as available, are posted on our homepage http://wiiw.ac.at/events.html after the respective seminars.) Best regards Univ.Prof.Dr. Michael Landesmann Dr. Sándor Richter Scientific Director wiiw 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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OeNB - Einladung zum VOSTA-Freitagsseminar - 11. Dezember 2015
by Event-Management 02 Dec '15

02 Dec '15

Sehr geehrte Damen und Herren! Anbei übermitteln wir Ihnen die Einladung zu einem VOSTA-Freitagsseminar von Adrian Penalver, Banque de France, mit dem Titel "Banks and the rational credit cycle" Termin Freitag, 11. Dezember 2015, 11:00 Uhr Ort Oesterreichische Nationalbank Otto-Wagner-Platz 3, 1090 Wien Veranstaltungssaal, EG Abstract This paper considers how credit standards, loan interest rates, loan default rates and the allocation of capital vary over the business cycle. In popular commentary, banks are portrayed as myopic or forgetful, lowering credit standards during booms as memories of past crises fade and then overreacting by tightening credit standards when defaults rise. The purpose of this paper is to challenge this narrative by providing a theoretical model which replicates these stylised facts of the credit cycle but in which all the agents make rational forward-looking decisions. The paper builds a model of credit risk management for a bank making long term loans under asymmetric information and costly state verification. Heterogeneous firms face persistent idiosyncratic and aggregate shocks and make endogenous entry and exit decisions, including the possibility of default. These individual decisions are made conditional on the policy rules followed by the bank. The bank chooses Markov policy rules for its monitoring intensity, loan interest rate and deposit interest rate to maximise its expected profit subject to maintaining equality between aggregate savings and loans in every period. The model shows that cycles in credit standards and default can be completely rational responses to persistent but stochastic aggregate shocks. This result suggests that central banks and financial regulators should be wary of using credit standards as a sign of imprudent behaviour in the banking sector. Um Ihre Rückmeldung ersuchen wir bis Mittwoch, 09. Dezember 2015 Wir freuen uns auf Ihre Teilnahme und stehen für Fragen gerne zur Verfügung. Mit freundlichen Grüßen Eva Seidl Oesterreichische Nationalbank Abteilung für Öffentlichkeitsarbeit und Finanzbildung Communications and Financial Literacy Division Eva Seidl Phone: +43-1-404 20-6620 Fax: +43-1-404 20-04 6620 E-mail: eva.seidl(a)oenb.at

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Bewerbung im Verteiler "Liste Noeg-l": Einladung: „alt – arm – weiblich; Armutsfalle Frauenpension?“ am 10. 12. 2015
by Roswitha Beranek 02 Dec '15

02 Dec '15

Sehr geehrte Damen und Herren, wir bitten um Bewerbung von unten angeführter bzw. beigefügter Veranstaltung im Verteiler "Liste Noeg-l" Für evtl. Rückfragen stehen wir Ihnen gerne zur Verfügung. Beste Grüße Roswitha Beranek Assistentin der Geschäftsführung Ökosoziales Forum Österreich|Europa A-1010 Wien, Herrengasse 13 T +43/1/253 63 50 -21 F +43/1/253 63 50 -70 M beranek(a)oekosozial.at<mailto:beranek@oekosozial.at> W www.oekosozial.at<http://www.oekosozial.at/> ***** Sehr geehrte Damen und Herren, im Alter sind Frauen in Österreich stärker von Armut betroffen als Männer. Die Einkommensunterschiede von Männern und Frauen in der Pension sind noch größer als die Einkommensunterschiede bei den Erwerbstätigen. Wie wirkt sich das Pensionskonto auf die Altersabsicherung von Frauen aus? Wer profitiert vom derzeit niedrigeren Frauen-Pensionsantrittsalter? Wen benachteiligt diese Regelung? Diese und weitere Fragen diskutieren: Elisabeth Köstinger, Präsidentin des Ökosozialen Forum Europa Christine Mayrhuber, Österreichisches Institut für Wirtschaftsforschung Ulrich Schuh, Forschungsvorstand von EcoAustria Andreas Wörgötter, Head of Division, Economics Department, OECD Diskutieren Sie mit! „alt – arm – weiblich. Armutsfalle Frauenpension?“ Donnerstag, 10. Dezember 2015, 18.00–19.30 Uhr Festsaal WIFI Wien, Währinger Gürtel 97, 1180 Wien Anmeldung unter: http://www.oekosozial.at/oekosoziales-forum/alle-veranstaltungen-im-ueberbl… Ich freue mich auf Ihr Kommen! DI Hans Mayrhofer Generalsekretär Ökosoziales Forum Österreich | Europa Herrengasse 13, 1010 Wien W www.oekosozial.at Find us on Facebook https://www.facebook.com/oekosozialesforum

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REMINDER: Call for Abstracts - Zweite ATHEA-Konferenz für Gesundheitsökonomie „Efficiency and equality in health systems“
by Austrian Health Economics Association (ATHEA) 01 Dec '15

01 Dec '15

Liebe Kolleginnen und Kollegen! Sehr geehrte Damen und Herren! Hiermit wollen wir Sie/Euch an die zweite ATHEA-Konferenz für Gesundheitsökonomie erinnern, die am 25. und 26. Februar 2016 in Wien stattfindet. Der Call for Abstracts endet am 07. Jänner 2016 und befindet sich im Anhang zu diesem E-Mail bzw. kann unter folgenden Link abgerufen werden: http://www.athea.at/news/ Aufgrund einzelner Rückfragen weisen wir ausdrücklich darauf hin, dass das Konferenzthema „Efficiency and equality in health systems“ einen Rahmen für die Keynotes vorgibt, dass aber selbstverständlich Einreichungen zu allen Themen der Gesundheits- und Pflegeökonomie willkommen sind. Mit freundlichen Grüßen, Das ATHEA-Team Call for Abstracts Zweite ATHEA-Konferenz für Gesundheitsökonomie „Efficiency and equality in health systems“ Wien, 25. und 26. Februar 2016 Im Bestreben, Gesundheitssysteme an zukünftige Herausforderungen anzupassen, muss eine Balance zwischen effizienter Leistungserbringung und gerechter Ressourcen- bzw. Lastenverteilung zwischen BürgerInnen, Versicherten, PatientInnen, aber auch zwischen health professionals gefunden werden. Auch in Österreich will man mit der laufenden Gesundheitsreform viele Veränderungen umsetzen. Die Gesundheitsökonomie kann dabei mit ihren Forschungsergebnissen die Politik dahingehend unterstützen und informieren, welche Maßnahmen in Mittelaufbringung, Mittelverteilung und Mittelverwendung gesetzt werden können, um diesen Zielen besser gerecht zu werden. Zur Jahreskonferenz im kommenden Jahr werden daher insbesondere Einreichungen begrüßt, die sich mit Effizienz und/oder gerechter Verteilung in unterschiedlichen Bereichen des Gesundheitssystems beschäftigen. Wir freuen uns, zwei renommierte Keynote Speaker ankündigen zu dürfen: · Peter C. Smith, Professor emeritus am Imperial College London und · Leonie Sundmacher, Professorin an der Ludwig-Maximilians-Universität München Peter C. Smith ist Professor emeritus am Imperial College London, wo er das Centre for Health Policy am Institute of Global Health Innovation gründete und als Co-Direktor führte. Seine Forschungsschwerpunkte der letzten Zeit sind die Messung von Performance und Produktivität in Gesundheitssystemen sowie Fragen der universellen Gesundheitsversicherung. Neben seiner umfangreichen Publikationstätigkeit berät er auch Regierungen und Institutionen weltweit. Leonie Sundmacher leitet seit Oktober 2013 den Fachbereich Health Services Management an der Fakultät für Betriebswirtschaft der Ludwig-Maximilians-Universität München und war davor Juniorprofessorin für das Fachgebiet Versorgungsforschung und Qualitätsmanagement im ambulanten Sektor an der Technischen Universität Berlin. Ihre Forschungsgebiete sind Gesundheitsmanagement und regionale Versorgungsforschung. Deadline für die Abstract-Einreichung (max. 500 Worte): 07. Jänner 2016 an <mailto:conference@athea.at> conference(a)athea.at Bekanntgabe der angenommenen Vorträge: 25. Jänner 2016 Konferenzort: Institut für Höhere Studien (IHS), Josefstädter Straße 39, 1080 Wien Konferenzsprache: Englisch, Deutsch Konferenzbeitrag: 35 Euro; PHD/Doktoratsstudierende sind vom Konferenzbeitrag befreit Call for Abstracts Second ATHEA Conference for Health Economics „Efficiency and equality in health systems“ Vienna, 25th and 26th of February 2016 When trying to adapt health care systems to future challenges, it is a difficult task to find a balance between efficient service provision and an equitable allocation of resources while also sharing the financial burden equally. These considerations affect citizens, insurees, patients and also health professionals, and their viewpoints have to be taken into account. Austria tries to address many challenges with the current health care reform, and health economics research can provide the evidence base for policy makers needed to implement the right measures in raising, pooling and allocating funds in order to meet these goals. For our conference next year we especially encourage the submission of research in efficient and equitable allocation in all areas of health systems. We are happy to announce two well-known keynote speakers: · Peter C. Smith, Professor emeritus at Imperial College, London and · Leonie Sundmacher, Professor at Ludwig-Maximilians-University, Munich Peter C. Smith is Professor emeritus at the Imperial College in London, where he co-founded the Centre for Health Policy at the Institute of Global Health Innovation. He also held the position of co-director. His main research areas over the last few years have been the measurement of performance and productivity in health systems as well as issues of universal health coverage. Besides his active research he also advises governments and institutions worldwide. Leonie Sundmacher is head of the department of Health Services Management at the faculty of business administration of the Ludwig-Maximilian University in Munich. Previously, she was a junior professor for health services research and quality management in the ambulatory sector at the Technical University of Berlin. Her research fields are health management and regional health services research. Deadline for abstract submission (max. 500 words): January 7, 2016 to conference(a)athea.at Announcement of accepted papers: January 25, 2016 Venue: Institut für Höhere Studien (IHS), Josefstädter Straße 39, 1080 Wien Conference language: English, German Conference contribution: 35 Euros; it is waived for PhD candidates ___________________________________________ Austrian Health Economics Association (ATHEA) Josefstädter Straße 39 ● 1080 Wien web: <http://www.athea.at/> www.athea.at ● e-mail: <mailto:athea@athea.at> athea(a)athea.at

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Reminder: wiiw seminar "Policy Perspectives for European Integration", 3 December 2015
by wiiw WIENER INSTITUT 01 Dec '15

01 Dec '15

Dear Colleague, We cordially invite you to the next wiiw seminar 'Policy Perspectives for European Integration' on Thursday, 3 December 2015, 5 pm wiiw, Vienna 6, Rahlgasse 3, lecture hall (entrance from the ground floor) The European Asylum Crisis Heinz Faßmann Vice-Rector for Research and International Affairs, University of Vienna Abstract Heinz Faßmann will present an overview of the current asylum flows from the main countries of origin in the MENA region to Europe based on available statistics. Furthermore, the demography and the qualification of the asylum seekers to Austria and Germany will be investigated. In the focus of the presentation will be a discussion of the Common European Asylum System (CEAS) and the question why the system has failed and how it can be re-implemented. The EU has been working on the creation of a Common European Asylum System since 1999 and attempts were made to improve the legislative framework. Between 1999 and 2005 several legislative measures were adopted with the purpose of harmonising the common minimum standards for asylum. In that respect, the Asylum Procedures Directive, the Reception Conditions Directive, the Qualification Directive, the Dublin Regulation and the EURODAC Regulation have to be mentioned. Finally, an outlook for the European and national policy reactions will be presented. (Papers and Powerpoint presentations, as far as available, are posted on our homepage http://wiiw.ac.at/events.html after the respective seminars.) Best regards Univ.Prof.Dr. Michael Landesmann Dr. Sándor Richter Scientific Director wiiw 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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Zwei Veranstaltungen mit Peter Boettke
by Luise Wascher 01 Dec '15

01 Dec '15

Sehr geehrte Damen und Herren, Wir möchten Sie auf zwei Veranstaltungen mit Peter Boettke, University Professor of Economics and Philosophy at George Mason University and BB&T Professor for the Study of Capitalism, aufmerksam machen: Economic Policy and the 2016 Presidential Race Thursday, 17 December 2015, 6:00pm - 7:30pm, IWM library http://www.iwm.at/events/event/economic-policy-and-the-2016-presidential-ra… Peter Boettke diskutiert mit Ivan Krastev (IWM), und Christoph Prantner (DER STANDARD). The Socialist Calculation Debate Viennese Origins, London Refinements Wednesday, 16 December 2015, 4:00pm - 5:30pm, IWM library http://www.iwm.at/events/event/the-socialist-calculation-debate/ Beide Veranstaltungen in englischer Sprache. Wir würden uns freuen Sie begrüßen zu dürfen! Mit freundlichen Grüßen, Luise Wascher Event Management Institut für die Wissenschaften vom Menschen Institute for Human Sciences Spittelauer Lände 3 A-1090 Wien T: +43/1/ 313 58 – 204 NEW / NEU F: +43/1/ 313 58 – 60 www.iwm.at<http://www.iwm.at/> [http://www.iwm.at/wp-content/uploads/Boettke_ovaloffice_flickr_NL.jpg] Thursday, December 17, 6:00pm Panel Discussion Peter Boettke Economic Policy and the 2016 Presidential Race<http://www.iwm.at/?email_id=101&user_id=32&urlpassed=aHR0cDovL3d3dy5pd20uYX…> After detailing the critical economic policy issues that the US economy faces, I will discuss the top candidates and whether their proposals address the problems or are merely rhetorical maneuverings to evade the problem and the appeal to populist sentiments. Read more.<http://www.iwm.at/?email_id=101&user_id=32&urlpassed=aHR0cDovL3d3dy5pd20uYX…> [---] [Facebook]<http://www.iwm.at/?email_id=101&user_id=32&urlpassed=aHR0cHM6Ly93d3cuZmFjZW…> [Twitter]<http://www.iwm.at/?email_id=101&user_id=32&urlpassed=aHR0cHM6Ly90d2l0dGVyLm…> Institut für die Wissenschaften vom Menschen Institute for Human Sciences Spittelauer Lände 3 1090 Vienna - Austria Phone +43-1-313-58-0 | Fax +43-1-313-58-60 iwm(a)iwm.at<mailto:iwm@iwm.at> | www.iwm.at<http://www.iwm.at/?email_id=101&user_id=32&urlpassed=aHR0cDovL3d3dy5pd20uYX…>

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REMINDER Invitation: Vienna Joint Economics Seminar (Dec 3): Esther Hauk and Stefan Ruenzi
by Economics Department 01 Dec '15

01 Dec '15

[cid:image002.png@01CEBF6B.D0B28790] VIENNA JOINT ECONOMICS SEMINAR INVITATION R E M I N D E R The University of Vienna and the Department of Economics and Finance at the Institute for Advanced Studies cordially invite you to the following Vienna Joint Economics Seminar <http://www.ihs.ac.at/vienna/resources/Economics/Papers/20130226_Paper_Zimme…> Thursday, December 3, 2015 Attention - New Address Institute for Advanced Studies Josefstädter Straße 39, 1080 Vienna Lecture Room E02, ground floor 4:00 pm Esther Hauk<http://www.iae.csic.es/investigadorPersonalAbout.php?idinvestigador=15> and Stefan Ruenzi<http://intfin.bwl.uni-mannheim.de/en/team/stefan_ruenzi/> IAE University of Mannheim Optimal Policy with Endogenous Signal Extraction<https://www.ihs.ac.at/fileadmin/public/ecofin_teaching/Seminars/20151203_Es…> (Esther Hauk) Abstract: This paper studies optimal policy in a setup with hidden information and observed signals that are endogenous to policy chosen in the same period. In this case the signal extraction problem about the state of the economy cannot be separated from the determination of the optimal policy. We derive a nonstandard first order condition of optimality from first principles and we use it to find numerical solutions. We show how available results where separation obtains arise as special cases. We use as an example an optimal fiscal policy problem. We find that the policy response can be quite non-linear, calling for tax smoothing in normal times, but for a strong fiscal adjustment during a slump that protracts the downturn. This can provide a rationale for the austerity programs followed by some European countries in the Great Recession. Applying the separation principle and a linear approximation would miss this potential non-linearity and could thus be a poor approximation to the correct solution. paper jointly with Andrea Lanteri and Albert Marcet and A Friendly Turn: Advertising Bias in the News Media<https://www.ihs.ac.at/fileadmin/public/ecofin_teaching/Seminars/20151203_Ru…> (Stefan Ruenzi) Abstract: This paper investigates whether newspapers report more favorably about advertising corporate clients than about other firms. Our identification strategy based on highdimensional fixed effects and high frequency advertising data shows that advertising leads to more positive press coverage. This advertising bias in reporting is found to be mitigated but not eliminated by newspapers' reputational concerns. Advertising bias manifests particularly in less negative reporting of a newspaper about bad news events of its advertising clients as compared to firms not advertising in this newspaper. Our findings cast doubt on the independence of the press from corporate pressure. paper jointly with with Florens Focke and Alexandra Niessen-Ruenzi We are looking forward to seeing you! Institute for Advanced Studies Department of Economics and Finance Josefstädter Straße 39, 1080 Vienna, Austria Tel.: +43 1 599 91 145 e-Mail: economics(a)ihs.ac.at<mailto:economics@ihs.ac.at> http://economics.ihs.ac.at<http://economics.ihs.ac.at/> LINKS DIRECTIONS TO IHS on Google maps<https://www.google.at/maps/place/Josefst%C3%A4dter+Str.+39,+1080+Wien/@48.2…> VIENNA JOINT ECONOMICS SEMINAR<https://www.google.com/calendar/embed?src=pjgnue7cg8r0m0up9v27riruic%40grou…> on Google calendar<https://www.google.com/calendar/embed?src=pjgnue7cg8r0m0up9v27riruic%40grou…> ECONOMICS SEMINARS <https://www.google.com/calendar/embed?src=o7e40khrmr1vn2lo20mhbe539g%40grou…> IN VIENNA<https://www.google.com/calendar/embed?src=o7e40khrmr1vn2lo20mhbe539g%40grou…> on Google calendar<https://www.google.com/calendar/embed?src=o7e40khrmr1vn2lo20mhbe539g%40grou…> [cid:image003.jpg@01CEBF6B.D0B28790]<http://economics.ihs.ac.at/> [cid:image004.jpg@01CEBF6B.D0B28790]<http://econ.univie.ac.at/home/> [http://www.ihs.ac.at/vienna/resources/Economics/Others/FB-f-Logo__blue_512.…]<https://www.facebook.com/IHS.Economics.and.Finance> [http://www.ihs.ac.at/vienna/resources/Economics/Others/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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Reminder: wiiw seminar "Policy Perspectives for European Integration", 30 November 2015
by wiiw WIENER INSTITUT 30 Nov '15

30 Nov '15

Dear Colleague, We cordially invite you to the next wiiw seminar 'Policy Perspectives for European Integration' on Monday, 30 November 2015, 5 pm wiiw, Vienna 6, Rahlgasse 3, lecture hall (entrance from the ground floor) The Triple Challenge for Europe: The Economy, Climate Change and Governance Jan Fagerberg Center for Technology, Innovation and Culture (TIK), University of Oslo; IKE Research Group (Department of Business and Management), Ålborg University; Centre for Innovation, Research and Competence in the Learning Economy (CIRCLE), Lund University Abstract Europe is confronted by an intimidating triple challenge - economic stagnation, climate change, and a governance crisis. The presentation demonstrates how the three challenges are closely inter-related, and discusses how they can be dealt with more effectively in order to arrive at a more economically secure, environmentally sustainable and well-governed Europe. In particular, a return to economic growth cannot come at the expense of greater risk of irreversible climate change. Instead, what is required is a fundamental transformation of the economy to a new 'green' trajectory based on rapidly diminishing emission of greenhouse gases. This entails much greater emphasis on innovation in all its forms (not just technological). Following this path would mean turning Europe into a veritable laboratory for sustainable growth, environmentally as well as socially. (Papers and Powerpoint presentations, as far as available, are posted on our homepage http://wiiw.ac.at/events.html after the respective seminars.) Best regards Univ.Prof.Dr. Michael Landesmann Dr. Sándor Richter Scientific Director wiiw 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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Einladung zur Vortragsreihe WIFO-Extern am 14. Dezember 2015, 13:15
by WIFO-Veranstaltungen 27 Nov '15

27 Nov '15

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=iB4Cm_3lF0ZW&mid=b6e53da8 > Einladung: WIFO-Extern zum Thema "Dynamics of Access to Credit" ------------------------------------------------------------- ------------------------------------------------------------- Sehr geehrte Damen und Herren, das WIFO lädt Sie herzlich zum nächsten Termin der Vortragsreihe WIFO-Extern ein: Montag, 14. Dezember 2015, 13:15 Uhr WIFO, Kleiner Sitzungssaal Jarko Fidrmuc (Universität Friedrichshafen, CESifo), Christa Hainz (ifo Institute, CESifo) Titel: "Dynamics of Access to Credit" Kommentar: tba Abstract: We analyse the behavioural aspects of access to credit using unique firm evaluations of the lending policy in the WIFO Business Cycle Survey for the period 2011-2013. The survey data show high dynamics in credit access behind relatively stable macroeconomic trends. In particular, nearly all firms with loans had at least one period when they did not receive a loan despite they tried so. Similarly, nearly all firms with demand but no loans in a particular period had loans in a different period. Moreover, our results show that firms have a better perception of the lending policy only if they received a loan for which amount and interest rate were as expected and vice versa. Thus, access to credit in a particular period may have a relatively long-term impact on the firms' behaviour. As a result, even transitory effects, such as a liquidity shortage, may have a long-lasting impact on firms' decisions on, for example, investment or employment. 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=iB4Cm_3lF0ZW&link=54Mv > , 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=iB4Cm_3lF0ZW&link=54Mt&mid=b6e5… > . 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 © 2015 Österreichisches Institut für Wirtschaftsforschung 1030 Wien, Arsenal, Objekt 20 Impressum < http://newsletter.wifo.ac.at/sys/r.aspx?sub=iB4Cm_3lF0ZW&link=54Mw > | AGB < http://newsletter.wifo.ac.at/sys/r.aspx?sub=iB4Cm_3lF0ZW&link=54My > | Datenschutzerklärung < http://newsletter.wifo.ac.at/sys/r.aspx?sub=iB4Cm_3lF0ZW&link=54Mx > Tel.: +43 (0) 1 798 26 01-0 Fax: + 43 (0) 1 798 93 86 E-Mail: veranstaltungen(a)wifo.ac.at ------------------------------------------------------------- Persönliche Daten ändern: < http://newsletter.wifo.ac.at/sys/r.aspx?sub=iB4Cm_3lF0ZW&sl=1ng&mid=b6e53da8 > ------------------------------------------------------------- Weiterleiten: < http://newsletter.wifo.ac.at/sys/r.aspx?sub=iB4Cm_3lF0ZW&sl=1nh&mid=b6e53da8 > ------------------------------------------------------------- Newsletter abbestellen: < http://newsletter.wifo.ac.at/sys/r.aspx?sub=iB4Cm_3lF0ZW&sl=1nf&mid=b6e53da8 > -------------------------------------------------------------

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