The Austrian National bank funds Michael Pfarrhofer’s research project on “Inference with Bayesian nonparametric models in the presence of measurement errors and outliers” at the PLUS Department of Economics.

Wealth in Austria is distributed more unequally than previously assumed and the pandemic is likely to further exacerbate the problem. Der Standard asks Hannes Winner about the potential consequences a wealth tax might have on economic performance and inequality.

Lifelong learning is of increasing importance for many economies facing structural change and rising labor market dynamics. To foster lifelong and adult learning, many advanced economies have introduced leave programs for educational purposes, including Austria (the so-called “Bildungskarenz”). Several reforms have made the Austrian educational leave program one of the most generous and expensive educational leave programs among all OECD countries (OECD 2019).