The department strives for international recognition through publishing research papers in leading refereed journals and through international visibility at high-level conferences. In this regard and when it comes to publishing research, department members orient themselves, their activities, and their methods to standards employed by international scientific journals.
The department tries to maintain a balance between base-knowledge and applied research. In regards to both, research has to be conducted independently from the interests of specific social and/or funding groups. Empirical, quantitative research focuses particularly on evaluating policy measures. The department ranks highly in Austria with respect to research in applied microeconomics and applying corresponding econometric methods.
The research fields are determined by department employees' specific interests and experiences as well as considerations in scientific and social developments. The main research areas at the moment are:
- Applied microeconomics with a focus on labour, health and related fields
- Industrial organisation
- Macroeconomics, trade and the public sector
- Quantitative research
The department's research activities have been particularly successful in all of these fields, documented through publications in reputable and internationally refereed scientific journals. The Department is ranked at the top in Austria and 159 worldwide, such as in the IDEAS ranking which takes only the top 10 economists into consideration (last update: November 2023, opens an external URL in a new window).