wir freuen uns, Sie über die neuen Working Papers und Publikationen der Agenda Austria informieren zu dürfen. Im Rahmen unserer Working Papers werden aktuelle wirtschaftspolitische Themen als auch Spezialthemen behandelt. Die englischsprachigen Working Papers gehen unter Umständen genauer auf methodische Fragen ein als eventuelle Versionen, die auf Deutsch erscheinen. Die Publikationsreihe ist unter der folgenden Adresse auf unserer Homepage verfügbar: https://www.agenda-austria.at/working-papers/
 

1. Neueste Working Papers

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• Returns to Skills or Returns to Tasks?
  Working Paper No. 08
  Michael Christl, Monika Köppl-Turyna (2017)

  We comment on the work of Hanushek et al. (2015) and show that returns to skills are very heterogeneous and depend crucially on the tasks performed in the workplace. Depending on the type of tasks performed at work, as well as on occupations, returns to cognitive skills can vary between null and numbers much higher than those reported by Hanushek et al. (2015). We show that tasks, as well as skills, are an important factor affecting returns on the labor market.

• Bonds and Bridges, and Between: An empirical Analysis of Group-Based Trust
  Working Paper No. 09
  Fabian Braesemann, Fabian Stephany (2017)
  
  This study, based on a survey with 634 university students from Austria, questions the existing dichotomy between the two trust types: generalized trust and particularized trust. Our results advocate in favour of a third, community determined type of trust. This additional trust dimension is measured by the number of groups the individuals participate in. The results support hypotheses made in the recent literature about the multidimensionality of trust and quantify the effect of group participation on trust.

• Growth of public consumption in Austria: testing Wagner´s law and Baumol´s cost disease
  Working Paper No. 10
  Monika Köppl-Turyna, Dénes Kucsera, Reinhard Neck (Alpen-Adria-Universität, Klagenfurt)
  
  In this paper, we analyze the development of public consumption expenditure in Austria starting in the 1940s. We focus our attention on two hypotheses as to why public consumption expenditure has been constantly increasing: Wagner’s law and Baumol’s cost disease. The estimated income elasticity of demand for public consumption expenditure suggests that Wagner’s law is not confirmed. In contrast, price-inelastic demand combined with a strong increase in the prices of public services relative to private goods suggest that Baumol’s cost disease is at work.
   

2. Neueste Publikationen der Agenda Austria in referierten wissenschaftlichen Journals:

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Folgende Arbeiten von Mitarbeitern der Agenda Austria wurden zuletzt in referierten wissenschaftlichen Journals zur Publikation akzeptiert:
 

• Do Equalisation Payments Affect Subnational Borrowing? Evidence from Regression Discontinuity?
  European Journal of Political Economy (forthcoming)
  Monika Köppl-Turyna, Hans Pitlik (2017)

• The Educational Gradient of Fertility Intentions: a Meta-Analysis of European Studies
  Vienna Yearbook of Population Research 2016 (online soon)
  Fabian Stephany, Maria Rita Testa (2017)

• An Exploration of Wikipedia Data as a Measure of Regional Knowledge Distribution
  International Conference on Social Informatics (pp. 31-40)
  Fabian Braesemann, Fabian Stephany (2017)

• Okun´s Law in Austria
  Danube. Law and Economics Review 2/2017
  Michael Christl, Monika Köppl-Turyna, Dénes Kucsera