- NOeG-l - Wirtschaftsuniversität Wien

WU Economics Research Seminar, 17.5.2023, 2.00 pm to 3.30 pm, Richard Kališ (University of Economics Bratislava)
by Oberhofer, Harald 10 May '23

10 May '23

Dear colleagues, The Department of Economics cordially invites you to the WU Economics Research Seminar on Wednesday, May 17th, with Richard Kališ (University of Economics Bratislava) on "Merger dilemma in yardstick competition" Abstract: The paper contributes to the literature on mergers in a yardstick competition. The yardstick method is an appealing incentive-based approach; however, it is not immune to potential strategic behaviour concerning horizontal mergers. Because firms in frontier-based regulated industries are evaluated to the most efficient peers, this frontier is prone to inward shifts after mergers. This inward shift can easily overwhelm the expected cost savings of merged firms. The position of the efficient peer being merged is crucial concerning other peers on the frontier. Moreover, compared to the competitive markets, the number of firms outside the merger negatively correlates with industry outcomes after the merger. Our results can serve as a guideline for mergers in yardstick competition similar to one proposed by European Commission for competitive industries. Date: Wednesday, May 17th Time: 2.00 to 3.30 pm (CET) Location: building D4/entrance A, 2nd floor, room D4.2.008 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> Webpage: https://www.wu.ac.at/ie/mitarbeiter/harald-oberhofer/ Austrian Institute of Economic Research (WIFO) Phone: +43/1/7982601-468 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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INVITATION | Ukraine and the Future of Europe + Friends of wiiw Anniversary Event | 31 May + 1 June 2023 | Europahaus Wien
by wiiw Events (noeg) 09 May '23

09 May '23

View this email in your browser [https://wiiw.ac.at/files/mailings/event-202305091136-en.html] The Vienna Institute for International Economic Studies (wiiw) invites you to our SPRING SEMINAR 2023 & FRIENDS OF WIIW ANNIVERSARY EVENT. As the number of seats is limited, PLEASE MAKE A RESERVATION VIA THIS LINK [https://wiiw.ac.at/spring-seminar-2023-friends-of-wiiw-anniversary-event-er…] UKRAINE AND THE FUTURE OF EUROPE WEDNESDAY, 31 MAY 2023, 10:00 A.M. (CET) VENUE: EUROPAHAUS WIEN, LINZER STRAßE 429, 1140 WIEN As keynote speakers we are happy to announce: * DARIA KALENIUK, Executive Director,_ _Anti-Corruption Action Center, Kyiv * MISHA GLENNY, Rector, Institute for Human Sciences (IWM), Vienna Other discussants: * FLORIAN BIEBER, Professor of Southeast European History and Politics, University of Graz * MARIA DEMERTZIS, Senior Fellow, BRUEGEL, Brussels * CAROLINE DE GRUYTER, Europe Correspondent, NRC Handelsblad, Amsterdam * CENGIZ GÜNAY, Director of the Austrian Institute for International Affairs (oiip) * CLAIRE JONES, Business Editor, Financial Times, London (tbc) * CATHRIN KAHLWEIT, Correspondent for Central and Eastern Europe, Süddeutsche Zeitung, Vienna * MIRIAM KOSMEHL, Senior Expert Eastern Europe and EU Neighbourhood, Bertelsmann Stiftung, Berlin * PAUL LENDVAI, Journalist & Author, Vienna * VERONIKA MOVCHAN, Academic Director, The Institute for Economic Reseach and Policy Consulting - IER, Kyiv * SHALINI RANDERIA, President and Rector, Central European University (CEU), Vienna * DEBORA REVOLTELLA, Director of the Economics Department, European Investment Bank, Luxembourg * HELENE SCHUBERTH, Head of the Economics Unit, Austrian Trade Union Federation (ÖGB), Vienna * SANDRA ŠVALJEK, Deputy Governor, Croatian National Bank (HNB), Zagreb * BALÁZS TRENCSÉNYI, Professor, Department of History, Central European University, Vienna * JULIA WÖRZ, Head of the CESEE Analysis Unit, Oesterreichische Nationalbank, Vienna FRIENDS OF WIIW ANNIVERSARY EVENT THURSDAY, 1 JUNE 2023, 10:00 A.M. (CET) VENUE: EUROPAHAUS WIEN, LINZER STRAßE 429, 1140 WIEN As the number of seats is limited, PLEASE MAKE A RESERVATION VIA THIS LINK [https://wiiw.ac.at/friends-of-wiiw-anniversary-event-er-630.html] On 1 JUNE we will have our FRIENDS OF WIIW ANNIVERSARY EVENT with prominent EXPERTS FROM REKNOWNED INSTITUTIONS IN CENTRAL, EASTERN AND SOUTHEASTERN EUROPE to celebrate 50 years of the Vienna Institute for International Economic Studies (wiiw). As a highlight the Anniversary Event will include a small concert of 'The Silk Road Symphony Orchestra' conducted [https://www.silkroadsymphonyorchestra.com/] by Jan Moritz Onken [https://de.wikipedia.org/wiki/Jan_Moritz_Onken] Please find attached the preliminary programme of both events. We look forward to seeing you there. Yours sincerely, For the President Dr. Mario Holzner Executive Director wiiw wiiw The Vienna Institute for International Economic Studies Rahlgasse 3, 1060 Vienna, Austria wiiw(a)wiiw.ac.at, wiiw.ac.at [https://wiiw.ac.at] T: +43 1 533 66 10 [tel:+4315336610] [https://www.facebook.com/wiiw.economic.studies] [https://www.twitter.com/wiiw_ac_at] [https://www.linkedin.com/company/vienna-institute-for-international-economi…] [https://www.youtube.com/c/wiiwacat] [https://wiiw.ac.at/rss.php] Copyright ©2023 wiiw, all rights reserved.

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Clemens-August-Andreae-Preis 2023
by Sendlhofer, Rupert 09 May '23

09 May '23

Liebe Kolleginnen und Kollegen, hiermit darf ich Sie/Euch auf die Ausschreibung des Clemens-August-Andreae-Preises 2023 hinweisen (siehe PDF im attachment). Bitte die Ausschreibung an potenzielle Bewerberinnen und Bewerber weiterleiten. Vielen Dank! Die Einreichfrist ist der 31. Mai 2023. Mit freundlichen Grüßen, Rupert Sendlhofer -------------------- A.Univ.-Prof. Dr. Rupert Sendlhofer Universität Innsbruck Fakultät für Volkswirtschaft und Statistik Institut für Finanzwissenschaft Universitätsstraße 15 A-6020 Innsbruck Tel.: ++43-512-507-70209 e-mail: rupert.sendlhofer(a)uibk.ac.at<mailto:rupert.sendlhofer@uibk.ac.at>

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Invitation • “The recent market turmoil: Lessons for market exits of systemically important banks" • 17 May 2023 • 14:00-15:30 CET • BAFFI Bocconi SUERF webinar
by Gnan, Ernest 09 May '23

09 May '23

Dear colleague May I draw your attention to a SUERF BAFFI Bocconi Panel Discussion on “The recent market turmoil: Lessons for market exits of systemically important banks”<https://www.suerf.org/BankResolution> which will take place on Wednesday, 17 May from 14:00 to 15:30 CET. In case you are not able to attend or want further colleagues to also listen in, please feel free to forward this e-mail invitation. For registration, please use this link<https://www.suerf.org/registration/10947/bankresolution>. Kind regards Prof Dr Ernest Gnan Secretary General, SUERF – The European Money and Finance Forum Honorary Economic Advisor to the OeNB Governor ernest.gnan(a)oenb.at<mailto:ernest.gnan@oenb.at> +43 664 4333384 • @dr_gnan<https://twitter.com/dr_gnan> • LinkedIn<https://www.linkedin.com/in/ernest-gnan-8a6957ab/> www.suerf.org<http://www.suerf.org/> [cid:image002.jpg@01D9769F.2B8A1E90] Invitation www.suerf.org<http://www.suerf.org/> Dear colleague, The recent banking turmoil in the US and in CH has raised doubts on the functionality of the current framework of market exits for systemically important banks. On the one hand, the authorities managed recent market exits quickly with minimal repercussions on financial stability or the real economy. On the other hand, public funds were necessary to resolve the crises: central banks provided liquidity assistance loans beyond emergency liquidity assistance and the public provided, inter alia, default guarantees for these loans; deposit insurance was extended beyond the statutory limits. In this SUERF BAFFI Bocconi Panel Discussion entitled “The recent market turmoil: Lessons for market exits of systemically important banks” <https://www.suerf.org/BankResolution> we aim to distill the lessons learnt for the framework of market exits of systemically important banks: * Why did authorities deem market exits without public funds – as originally intended – inadequate or too risky? Is this time inconsistency unavoidable or can the framework be fixed? * There are alternatives to resolution, such as regular bank taxes as price for (inevitable?) public bail-outs, a permanent “National Investment Authority” (© S. T. Omarova) that manages public stakes in bailed-out banks or their assets, or the break-up of banks that are too large to be resolved. What are their advantages and disadvantages? * Macroprudential supervision addresses the too big to fail-problem ex-ante. How should it interact with the market exit framework? How much equity and bail-inable debt would large banks have to hold to be resolvable? How can we ensure ex-ante that the write-down of equity and the bail-in of debt do not constitute a source of systemic risk propagation themselves? Wednesday, 17 May 2023 14:00 Welcome by Ernest Gnan, SUERF Panel Discussion and Q&A with the audience Moderated by Markus Schwaiger, Director, Department for Financial Stability, OeNB * Giles Edward, Sector Lead, European Financial Institutions, S&P Global Ratings * Marie Donnay, Head of Unit – Fisma D3 Resolution and Deposit Insurance, European Commission * Rosa M Lastra, Sir John Lubbock Chair in Banking Law, Queen Mary University of London * Saule T. Omarova, Director, Law and Regulation of Financial Institutions and Markets, Cornell University * Stefan W. Schmitz, Head of Macroprudential Supervision, OeNB 15:30 End We look forward to you joining us on Wednesday, 17 May 2023, online via Webex. Feel free to share this invitation with colleagues who might be interested to attend! Please register here<https://www.suerf.org/registration/10947/bankresolution> Upcoming Events * 60th SUERF Anniversary & 50th OeNB Annual Economics Conference: Monetary policy in uncertain times: Towards robustness and resilience<https://www.suerf.org/monpolrobust> Monday, 22-23 May 2023. Venue: Museumsquartier (Vienna) or online via Webex. Register here<https://www.oenb-events.at/en/50th-oenb-economics-conference-and-60th-suerf…>. Kind regards, SUERF Secretariat SUERF - The European Money and Finance Forum c/o OeNB, Otto-Wagner-Platz 3, A-1090 Vienna<https://maps.google.com/?q=Otto-Wagner-Platz+3,+A-1090+Vienna&entry=gmail&s…> Tel: +43 1 40420 7216<tel:+431404207216> - E-mail: suerf(a)oenb.at<mailto:suerf@oenb.at>. Privacy Policy<https://www.suerf.org/privacy-policy> I Terms and Conditions<https://www.suerf.org/terms-and-conditions>. [Suerf On Twitter] <https://twitter.com/suerf_org> [Suerf On LinkedIn] <https://www.linkedin.com/company/suerf---the-european-money-&-finance-forum> Diese E-Mail kann vertrauliche Informationen enthalten und irrtümlich an Sie gelangt sein. In diesem Fall informieren Sie bitte sofort die Absenderin bzw. den Absender und vernichten Sie diese E-Mail. Das unerlaubte Kopieren sowie die unbefugte Weitergabe dieser Mail oder von Teilen dieser Mail sind nicht gestattet. Informationen gemäß DSGVO zur Verarbeitung personenbezogener Daten durch die OeNB finden Sie unter www.oenb.at/datenschutz<https://www.oenb.at/datenschutz>.

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FIW-News: Kommende Veranstaltungen
by fiw-pb 09 May '23

09 May '23

[cid:image001.png@01D98257.E643A9E0] English version Sehr geehrte Damen und Herren, wir freuen uns, Sie über die neusten Entwicklungen im Rahmen des FIW-Projekts informieren zu dürfen. Diesmal mit folgendem Inhalt: · Einladung: Seminar in International Economics "Growth and the fragmentation of production" | 09.05.2023 · Einladung: FIW-Trade Talk "Das deutsche Wirtschaftsmodell in einer neuen Ära der Deglobalisierung" | 22.05.2023 · Einladung: AW-Curriculum "Internationale Verhandlungen als wesentliches Element der Handelspolitik" | 01.06.2023 Einladung: Seminar in International Economics "Growth and the fragmentation of production" | 09.05.2023 Das Kompetenzzentrum für Internationale Wirtschaftsforschung (FIW) lädt ein zur Teilnahme am Seminar in International Economics zum Thema Growth and the fragmentation of production Vortragender: Johannes Boehm, Department of Economics, Sciences Po Termin: Dienstag, 9. Mai 2023, 15:00 Uhr Ort: Hybrid Registrierung Vor-Ort Teilnahme: https://wiiw.ac.at/er-614.html Wiener Institut für Internationale Wirtschaftsvergleiche, Rahlgasse 3, 1060 Wien Registrierung Online-Teilnahme: https://us06web.zoom.us/webinar/register/WN_rrW3bjd9S5OHsU7o05Kq5A Sprache: Englisch Abstract: How much do changes in the fragmentation of production contribute to growth? Using detailed plant-level data on the manufacturing sector in India between 1990 and 2014, we study a version of Smithian growth, the link between greater fragmentation of supply chains and productivity. We propose a measure of a plant's vertical span, which corresponds roughly to the number of stages in a supply chain that the plant performs in-house; when plants have smaller vertical spans, production is more fragmented. We find that fragmentation increases with development in both the cross-section and time series. Further, within locations at a point in time, larger plants tend to have smaller vertical spans, and those that increase sales tend to decrease vertical span. Using changes in demand during the tariff liberalization in the 1990s, we provide evidence that increased demand causes specialization. We find evidence from economies of scale in specialization. We construct a general equilibrium model to rationalize these findings and estimate the sources and magnitude of scale economies. Goods are produced in a succession of steps, each combining labor and a set of intermediate inputs, giving rise to a tree-like structure. Firms exert effort to find suppliers for inputs and choose the set of production stages (and thereby inputs) to produce the output at lowest cost. The structure implies that the returns to searching are more strongly diminishing for inputs that are further upstream. Firms with high productivity draws are therefore more likely to choose to be more vertically specialized. Die Seminarreihe wird vom Wiener Institut für Internationale Wirtschaftsvergleiche (wiiw)<http://wiiw.ac.at> in Zusammenarbeit mit dem FIW organisiert. Das Seminar bietet ein Forum für die Präsentation und Diskussion aktueller akademischer Forschung im Bereich der internationalen Wirtschaft. Einladung: FIW-Trade Talk "Das deutsche Wirtschaftsmodell in einer neuen Ära der Deglobalisierung" | 22.05.2023 Das FIW freut sich, eine weitere Ausgabe der FIW-Trade Talks ankündigen zu können. FIW-Projektleiter Harald Oberhofer spricht mit Universitätsprofessorin Dalia Marin (Technische Universität München) zum Thema "Das deutsche Wirtschaftsmodell in einer neuen Ära der Deglobalisierung". Zeit: 22. Mai 2023, 16:00 Uhr Ort: online event (Zoom) Anmeldung erforderlich: https://us06web.zoom.us/webinar/register/WN_0e2Tpmb7QXyDwRGSCXs_kQ Sprache: Deutsch FIW-Trade Talks ist eine Veranstaltungsreihe des Kompetenzzentrums Forschungsschwerpunkt Internationale Wirtschaft (FIW). Internationale WirtschaftsforscherInnen oder hochrangige Policy-Maker werden zu aktuellen Themen der internationalen Wirtschaft und Wirtschaftspolitik interviewt. Einladung: AW-Curriculum "Internationale Verhandlungen als wesentliches Element der Handelspolitik" | 01.06.2023 Das Bundesministerium für Arbeit und Wirtschaft, das Kompetenzzentrum Forschungsschwerpunkt Internationale Wirtschaft und die Verwaltungsakademie des Bundes laden ein zum Seminar W2 (2023): Internationale Verhandlungen als wesentliches Element der Handelspolitik Vortragender: Prof. Dr. Andreas Maurer, Dipl.Pol., D.E.E.A. (Universität Innsbruck) Termin: 01. Juni 2023, 9:00 - 12:00 Uhr Anmeldelink für das Webinar: https://my.demio.com/ref/2LGilh10aijyLRIy Inhalte: 1. Verhandlungsstrategien in der Theorie · Kompetitive und kooperative, distributive und integrative Bargaining-Methoden * Harvard Principled Negotiation * Best Alternative to Negotiated Agreement (BATNA) 2. Praktische (Macht- und verfahrensspezifische) Aspekte in internationalen Verhandlungen der EU · Informationsvor -und Nachteile, Informationelle Asymmetrien * Status der Verhandlungspartner, Vertragliches und soziales Kapital und die Rolle von Netzwerken * Akteure handelspolitischer Abkommen in der EU - Europäische Kommission - Ministerrat und Art. 207-Ausschuss, innerstaatliche Koordinierung der Regierungen - Europäisches Parlament - Chief Trade Enforcement Officer 3. Politische und juristische Aspekte · Verhandlungsstrategien verschiedener Länder und Wirtschaftsblöcke * Handelspolitische Abkommen der EU in der Praxis - "EU-only" und "Gemischte Abkommen" - Bilaterale Abkommen - Plurilaterale und politikbereichsspezifische Abkommen - Investitions- und Investitionserleichterungsabkommen * Besondere Aspekte im internationalen Vergleich (z.B. precautionary clause, Negativ- vs. Positiv-Listing in der EU; Bedeutung von Nachhaltigkeits- und Menschenrechtsklauseln; essential elements und Abkommenssuspendierungsklauseln) 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, der Universität Innsbruck, WIFO, wiiw und WSR. FIW wird von den Bundesministerien BMBFW und BMAW unterstützt. Dear Sir or Madam, We are glad to inform you about the latest news within the FIW project. In this issue: · Invitation: Seminar in International Economics "Growth and the fragmentation of production" | 09.05.2023 · Invitation: FIW Trade Talk "The German Economic Model in a New Era of Deglobalization'" | 22.05.2023 · Invitation: Foreign Trade -Curriculum " International negotiations as an essential element of trade policy"| 01.06.2023 Invitation: Seminar in International Economics "Growth and the fragmentation of production" | 09.05.2023 The Competence Centre for International Economics Research (FIW) kindly invites to participate in the Seminar in International Economics on the topic Growth and the fragmentation of production Speaker Johannes Boehm, Department of Economics, Sciences Po Termin: Tuesday, May 9, 2023, 3:00 p.m. Venue: Hybrid Registration onsite participation: https://wiiw.ac.at/er-614.html The Vienna Institute for International Economic Studies, Rahlgasse 3, 1060 Vienna Registration online participation: https://us06web.zoom.us/webinar/register/WN_rrW3bjd9S5OHsU7o05Kq5A Language: English Abstract: How much do changes in the fragmentation of production contribute to growth? Using detailed plant-level data on the manufacturing sector in India between 1990 and 2014, we study a version of Smithian growth, the link between greater fragmentation of supply chains and productivity. We propose a measure of a plant's vertical span, which corresponds roughly to the number of stages in a supply chain that the plant performs in-house; when plants have smaller vertical spans, production is more fragmented. We find that fragmentation increases with development in both the cross-section and time series. Further, within locations at a point in time, larger plants tend to have smaller vertical spans, and those that increase sales tend to decrease vertical span. Using changes in demand during the tariff liberalization in the 1990s, we provide evidence that increased demand causes specialization. We find evidence from economies of scale in specialization. We construct a general equilibrium model to rationalize these findings and estimate the sources and magnitude of scale economies. Goods are produced in a succession of steps, each combining labor and a set of intermediate inputs, giving rise to a tree-like structure. Firms exert effort to find suppliers for inputs and choose the set of production stages (and thereby inputs) to produce the output at lowest cost. The structure implies that the returns to searching are more strongly diminishing for inputs that are further upstream. Firms with high productivity draws are therefore more likely to choose to be more vertically specialized. The seminar series is organised by the Vienna Institute for International Economic Studies (wiiw)<http://wiiw.ac.at> in co-operation with FIW. The seminar provides a forum for presentation and discussion of recent academic research in the field of international economics. Invitation: FIW-Trade Talk "The German Economic Model in a New Era of Deglobalization" | 22.05.2023 FIW - the Research Centre International Economics - is pleased to announce another edition of FIW Trade Talks. Harald Oberhofer, head of the FIW-project, will be speaking with University Professor Dalia Marin (Technical University of Munich) on the topic "The German Economic Model in a New Era of Deglobalization". Date: May 22, 2023, 4:00 p.m. Venue: online event (Zoom) Registration necessary: https://us06web.zoom.us/webinar/register/WN_0e2Tpmb7QXyDwRGSCXs_kQ Language: German FIW-Trade Talks is a series of online-events organized by the Research Centre International Economics (FIW). International economic researchers or high- ranking policy makers are being interviewed on current topics in international economics and economic policy. Invitation: Foreign Trade -Curriculum " International negotiations as an essential element of trade policy"| 01.06.2023 The Federal Ministry of Labor and Economy, the Competence Center Research Focus International Economics and the Federal Academy of Administration invite to the seminar W2 (2023): International negotiations as an essential element of trade policy Lecturer: Prof. Dr. Andreas Maurer, Dipl.Pol., D.E.E.A. (University of Innsbruck) Date: June 1, 2023, 9:00 - 12:00 a.m. Registration link: https://my.demio.com/ref/2LGilh10aijyLRIy Language: German Inhalte: 1. Negotiation strategies in theory · Competitive and cooperative, distributive and integrative bargaining methods * Harvard Principled Negotiation * Best Alternative to Negotiated Agreement (BATNA) 2. Practical (power and procedural) aspects in EU international negotiations · Informational advantages and disadvantages, informational asymmetries * Status of negotiating partners, contractual and social capital and the role of networks * Actors of trade policy agreements in the EU - European Commission - Council of Ministers and Art. 207 Committee, domestic coordination of governments - European Parliament - Chief Trade Enforcement Officer 3. Political and legal aspects · Negotiation strategies of different countries and economic blocs * EU trade policy agreements in practice - "EU-only" and "mixed" agreements - Bilateral agreements - Plurilateral and policy area-specific agreements - Investment and investment facilitation agreements * Special aspects in international comparison (e.g. precautionary clause, negative vs. positive listing in the EU; importance of sustainability and human rights clauses; essential elements and agreement suspension clauses) 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 BMAW.

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Theory & Policy Seminar: May 11, Z.L. Bárány (CEU) - new title
by Hutter, Julia 08 May '23

08 May '23

Dear all, we kindly invite you to our next ECON Theory and Policy Seminar talk on Thursday, May 11, 2023 from 5:00 – 6:30 pm (Seminarroom DB04 yellow, Freihaus Building, yellow area, 4th floor) Late Bloomers? The causes andConsequences of Graduating from College Later in Life Zsófia L. Bárány<https://www.google.com/url?q=https%3A%2F%2Fsites.google.com%2Fsite%2Fzsofia…> https://sites.google.com/site/zsofiabarany/ (joint work with Moshe Buchinsky and Pauline Corblet) It is a well-known fact that the college share in advanced countries has been increasing in the past several decades. This is generally attributed to the cohort succession model, whereby successive cohorts obtain more education. Despite this consensus, we show that a large and growing fraction of the aggregate increase in the college share is driven by the within-cohort component in the United States. This is in contrast to the general view in the literature that once individuals quit school, they never return to acquire more schooling. We use panel data from the NLSY79 and NLSY97 to analyze the causes of delayed education and its consequences. Preliminary results suggest that late graduates lacked the liquidity to go to college earlier. In terms of returns to late education, we show that late graduates experience a significant increase in earnings after attending college, although the returns are lower than for early college graduates, especially for men. These results suggests that an analysis of cross-sectional data may lead to bias in the estimated returns to education and experience. Further events: https://www.econ.tuwien.ac.at/index.html#events Best regards, Julia Hutter for Alexia Fürnkranz-Prskawetz Julia Hutter TU Wien Institute of Statistics and Mathematical Methods in Economics Economics E105-3 Phone: +43-1-58801x10531 E-Mail: julia.hutter(a)tuwien.ac.at<mailto:julia.hutter@tuwien.ac.at>

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REMINDER: WIC Hybrid Colloquium, 10th May 2023: Pauline Pohl, Philip Slepecki & Martin Spielauer - A microsimulation model for population projections in official statistics
by WIC Colloquium 08 May '23

08 May '23

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REMINDER: Inflation Expectations and their Role for Monetary Policy
by Simone Vanek 04 May '23

04 May '23

Bitte einen Reminder zu unten angeführter Veranstaltung. OeNB Public Lecture: "Inflation Expectations and their Role for Monetary Policy" OeNB Visiting Professor Emanuel Moench Termin: Wednesday, May 10th 2023 Beginn: 9.45 - 11.15 am Ort: HS1, Faculty of Business, Economics and Statistics Oskar-Morgenstern-Platz 1, 1090 Vienna <https://www.frankfurt-school.de/home/research/staff/Emanuel-Moench> Emanuel Mönch is Professor of Financial and Monetary Economics at Frankfurt School of Finance & Management (since 2021). His previous positions include Research Officer at the Federal Reserve Bank of New York, Professor of Economics at Goethe University Frankfurt and Head of Research at the Deutsche Bundesbank. Emanuel Mönch is an internationally recognized expert on topics at the intersection of macroeconomics and finance with expertise in both academia and policy advice, whose research has been published in various top journals including the Journal of Finance, the Journal of Financial Economics, the Review of Financial Studies and the Journal of Monetary Economics.

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REMINDER: Einladung: OeNB Dialog
by Simone Vanek 04 May '23

04 May '23

Bitte einen Reminder zu unten angeführter Veranstaltung REMINDER: OeNB Dialog Preisobergrenzen oder Leitzinserhöhungen: Wie bekämpfen wir Inflation am besten? OeNB-Gastprofessor Prof. Dr. Emanuel Mönch im Dialog mit OeNB-Gouverneur Univ.-Prof. Dr. Professor Robert Holzmann Moderation: Assoz. Prof. Dr. Paul Pichler Termin: Montag, 15. Mai 2023 Beginn: 18:00 Uhr Ort: Skylounge, Fakultät für Wirtschaftswissenschaften Oskar-Morgenstern-Platz 1, 1090 Wien Nach dem Dialog laden wir zum gemeinsamen Ausklang mit Buffet. Eine <https://wirtschaftswissenschaften.univie.ac.at/events/gastprofessuren/oenb- gastprofessuren/2023-emanuel-moench/> Anmeldung ist unbedingt erforderlich. <https://www.frankfurt-school.de/home/research/staff/Emanuel-Moench> Emanuel Mönch ist ein international anerkannter Experte an der Schnittstelle von Makroökonomie und Finanzen. Derzeit lehrt er als Professor für Financial and Monetary Economics an der Frankfurt School of Finance and Management. Davor ist er Professor für Volkswirtschaftslehre an der Goethe-Universität Frankfurt gewesen. Als Forschungsleiter war er an der Deutschen Bundesbank. Und der hatte die Position des Research Officer bei der Federal Reserve Bank of New York inne. Über die OeNB-Gastprofessur Der Oesterreichischen Nationalbank (OeNB) und der Fakultät für Wirtschaftswissenschaften ist der akademische Diskurs zu wirtschaftspolitischen Kernfragen ein großes Anliegen. Aus diesem Grund wurde zum 200-jährigen Bestehen der OeNB und zum 650-jährigen Jubiläum der Universität Wien die "OeNB Gastprofessur" ins Leben gerufen. Seit 2016 wird jedes Jahr ein*e Gastprofessor*in an die Fakultät für Wirtschaftswissenschaften eingeladen und hält eine Lehrveranstaltung zu geld- und fiskalpolitischen Themen ab. Teil des Programms sind zudem eine Public Lecture und die öffentliche Diskussion zu einem aktuellen Thema. Nach einer pandemiebedingten, zweijährigen Pause freuen wir uns, das Programm fortzusetzen - der OeNB Dialog bildet Highlight und Schlusspunkt der jährlichen Gastprofessur.

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NOeG-Umfrage zum Datenzugang in Österreich / NOeG-Survey on access to economic data in Austria
by Michael Getzner 04 May '23

04 May '23

*English version below* Sehr geehrte Kollegin, sehr geehrter Kollege, in Kooperation mit dem Verein für Socialpolitik (DE) und der Schweizer Gesellschaft für Volkswirtschaft und Statistik laden wir Sie als Mitglied der NOeG - Nationalökonomischen Gesellschaft ein, an einer Umfrage zum Zugang zu ökonomie-relevanten Daten in Österreich teilzunehmen. Gemeinsam wollen wir herausfinden, welche Erfahrungen Sie als Ökonom*in bezüglich des Datenzugangs in Österreich haben, welche Daten Sie nutzen und wie zufrieden Sie mit der Datenqualität als auch dem -zugang selbst sind.Eine Teilnahme an der Umfrage ist noch bis 25. Mai 2023 möglich! Die Erhebung wird fast wortgleich in Deutschland, der Schweiz und in Österreich durchgeführt und dauert max. 10 Minuten. Selbstverständlich werden die erhobenen Daten ausschließlich anonymisiert und für Forschungszwecke verwendet, ein Rückschluss auf Personen ist nicht möglich. Hier ist der Link zur Erhebung: https://survey.lamapoll.de/Fragebogen_zur_Erhebung_von_Datenbedarfen_in_DAC… <https://survey.lamapoll.de/Fragebogen_zur_Erhebung_von_Datenbedarfen_in_DAC…> Bitte geben Sie gerne auch den Link an interessierte Kolleg*innen in Ihrem Wirkungsbereich weiter. Vielen Dank für Ihre Unterstützung und Mitarbeit, mit freundlichen Grüßen Michael Getzner Univ.-Prof. DDr. Generalsekretär der NOeG ------------------------- Dear colleague, in cooperation with the Verein für Socialpolitik (GE) and the Swiss Society for Economics and Statistics, we invite you as a member of NOeG - Nationalökonomische Gesellschaft to participate in a survey on access to economics-related data in Austria. Together we want to find out what experiences you have as an economist regarding data access in Austria, which data you use and how satisfied you are with the data quality as well as the access itself. The survey is open until May 25th, 2023. The survey will be conducted almost word for word in Germany, Switzerland and Austria and will take a maximum of 10 minutes. Of course, the collected data will be anonymized and used for research purposes only; it is not possible to draw conclusions about individuals. Here is the link to the survey: https://survey.lamapoll.de/Fragebogen_zur_Erhebung_von_Datenbedarfen_in_DAC… <https://survey.lamapoll.de/Fragebogen_zur_Erhebung_von_Datenbedarfen_in_DAC…> Please feel free to share the link with interested colleagues in your field. Thank you very much for your support and cooperation, with best regards Michael Getzner Prof. Dr. General secretary, NOeG

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