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Current Research Projects

The size and distribution of private wealth in Austria

This project aims to estimate private wealth in Austria based on statistical methods. Using data from Household Finance Consumption Survey (HFCS) of the European Commission as well as computational methods (Monte Carlo Simulations) we investigate the implications of specific biases in the data-collection process (non-observation bias and non-response bias) and try to account for these biases. In doing so, we find that past estimates for the amount and distribution of private wealth in Austria underscore both, its size as well as its corresponding degree of wealth-inequality.

Please find more information about the project here (in German).

The political economy of competitiveness and trade openness

Over the past decade liberalisation of global trade in goods and services as well as competition over providing the best environment for firms has increased and transnational economic relationships were tightened. In this light, studying the effects of economic openness and assessing the determinants of international competitiveness of economies becomes an increasingly pressing issue.

This project aims to shed light on this topics by studying the effects of increasing (trade) openness on an economy. In the second part, the focus shifts to the determinants of successful export performance. Based on these results, it will be shown which type of sectoral specialisation helps to increase and secure the competitiveness of an economy in an international environment.

Please find more information about the project here (in German).