Publications

by members of

Institut für Geld- und Finanzpolitik
Department Volkswirtschaft
WU Wirtschaftsuniversität Wien
Wien, Austria

(Institute for Monetary and Public Policy, Vienna University of Economics and Business Administration))

Working papers

2009

1. Özlem Onaran & Engelbert Stockhammer & Lukas Grafl, 2009. "The finance-dominated growth regime, distribution, and aggregate demand in the US," Department of Economics Working Papers wuwp126, Vienna University of Economics and B.A., Department of Economics. [Downloadable!]
2. Engelbert Stockhammer, 2009. "The finance-dominated growth regime, distribution, and the present crisis," Department of Economics Working Papers wuwp127, Vienna University of Economics and B.A., Department of Economics. [Downloadable!]

2008

1. Engelbert Stockhammer & Lucas Grafl, 2008. "Financial uncertainty and business investment," Department of Economics Working Papers wuwp123, Vienna University of Economics and B.A., Department of Economics. [Downloadable!]
2. Engelbert Stockhammer & Simon Sturn, 2008. "The Impact of Monetary Policy on Unemployment Hysteresis," IMK Working Paper 15-2008, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute. [Downloadable!]
3. Engelbert Stockhammer & Paul Ramskogler, 2008. "Post Keynesian economics - how to move forward," Department of Economics Working Papers wuwp124, Vienna University of Economics and B.A., Department of Economics. [Downloadable!]
4. Engelbert Stockhammer & Erik Klär, 2008. "Capital Accumulation, Labour Market Institutions, and Unemployment in the Medium Run," Discussion Papers of DIW Berlin 834, DIW Berlin, German Institute for Economic Research. [Downloadable!]
5. Narula, Rajneesh & Bellak, Christian, 2008. "EU enlargement and consequences for FDI assisted industrial development," UNU-MERIT Working Paper Series 067, United Nations University, Maastricht Economic and social Research and training centre on Innovation and Technology. [Downloadable!]

2007

1. Anton Burger & Martin Zagler, 2007. "Reasons for the U.S. growth period in the nineties: non-keynesian effects, asset wealth and productivity," Department of Economics Working Papers wuwp095, Vienna University of Economics and B.A., Department of Economics. [Downloadable!]
2. Michael Stastny & Martin Zagler, 2007. "Empirical Evidence on Growth and Volatility," RSCAS Working Papers 2007/22, European University Institute. [Downloadable!]
3. Engelbert Stockhammer & Özlem Onaran & Stefan Ederer, 2007. "Functional income distribution and aggregate demand in the Euro-area," Department of Economics Working Papers wuwp102, Vienna University of Economics and B.A., Department of Economics. [Downloadable!]
4. Engelbert Stockhammer & Paul Ramskogler, 2007. "Uncertainty and exploitation in history," Department of Economics Working Papers wuwp104, Vienna University of Economics and B.A., Department of Economics. [Downloadable!]
5. Annemarie Steidl & Engelbert Stockhammer, 2007. "Coming and leaving. Internal mobility in late Imperial Austria," Department of Economics Working Papers wuwp107, Vienna University of Economics and B.A., Department of Economics. [Downloadable!]
6. Engelbert Stockhammer & Stefan Ederer, 2007. "Demand effects of the falling wage share in Austria," Department of Economics Working Papers wuwp106, Vienna University of Economics and B.A., Department of Economics. [Downloadable!]
7. Eckhard Hein & Engelbert Stockhammer, 2007. "A Post-Keynesian macroeconomic policy mix as an alternative to the New Consensus approach," IMK Working Paper 10-2007, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute. [Downloadable!]
8. Eckhard Hein & Engelbert Stockhammer, 2007. "Macroeconomic policy mix, employment and inflation in a Post-Keynesian alternative to the New Consensus Model," Department of Economics Working Papers wuwp110, Vienna University of Economics and B.A., Department of Economics. [Downloadable!]
9. Engelbert Stockhammer & Eckhard Hein & Lucas Grafl, 2007. "Globalization and the effects of changes in functional income distribution on aggregate demand in Germany," Department of Economics Working Papers wuwp114, Vienna University of Economics and B.A., Department of Economics. [Downloadable!]
10. Christian Bellak & Markus Leibrecht & Joze P. Damijan, 2007. "Infrastructure endowment and corporate income taxes as determinants of Foreign Direct Investment in Central- and Eastern European Countries," LICOS Discussion Papers 19307, LICOS - Centre for Institutions and Economic Performance, K.U.Leuven. [Downloadable!]
11. Paul Ramskogler, 2007. "Uncertainty, market power and credit rationing," Department of Economics Working Papers wuwp105, Vienna University of Economics and B.A., Department of Economics. [Downloadable!]

2006

1. Özlem Onaran & Engelbert Stockhammer, 2006. "The effect of FDI and foreign trade on wages in the Central and Eastern European Countries in the post-transition era: A sectoral analysis," Department of Economics Working Papers wuwp094, Vienna University of Economics and B.A., Department of Economics. [Downloadable!]
2. Engelbert Stockhammer, 2006. "Is the NAIRU theory a Monetarist, New Keynesian, Post Keynesian or a Marxist theory?," Department of Economics Working Papers wuwp096, Vienna University of Economics and B.A., Department of Economics. [Downloadable!]
3. Engelbert Stockhammer & Özlem Onaran, 2006. "National and sectoral factors in wage formation in Central and Eastern Europe," Department of Economics Working Papers wuwp100, Vienna University of Economics and B.A., Department of Economics. [Downloadable!]

2005

1. Ozlem Onaran & Engelbert Stockhammer, 2005. "Do Profits Affect Investment And Employment? An Emprical Test Based On The Bhaduri-Marglin Model," Working Papers geewp44, Vienna University of Economics and B.A. Research Group: Growth and Employment in Europe: Sustainability and Competitiveness. [Downloadable!]
2. Engelbert Stockhammer, 2005. "Arbeitsmarktrigiditäten Oder Nachfragemangel? Die Ursachen Der Arbeitslosigkeit In Europa," Working Papers geewp45, Vienna University of Economics and B.A. Research Group: Growth and Employment in Europe: Sustainability and Competitiveness. [Downloadable!]
3. Bellak, Christian & Leibrecht, Markus & Romisch, Roman, 2005. "A Note on the Appropriate Measure of Tax Burden on Foreign Direct Investment to the CEECs," Discussion Paper Series 26365, Hamburg Institute of International Economics. [Downloadable!]

2004

1. Christian Bellak, 2004. "The Impact of Enlargement on the Race for FDI," Department of Economics Working Papers wuwp086, Vienna University of Economics and B.A., Department of Economics. [Downloadable!]
2. Christian Bellak, 2004. "How Domestic and Foreign Firms Differ and Why Does It Matter?," Department of Economics Working Papers wuwp087, Vienna University of Economics and B.A., Department of Economics. [Downloadable!]

2003

1. Engelbert Stockhammer, 2003. "Stock markets, shareholder value and investment," Working Papers geewp27, Vienna University of Economics and B.A. Research Group: Growth and Employment in Europe: Sustainability and Competitiveness.
2. Engelbert Stockhammer, 2003. "The Rise of European Unemployment: A Synopsis," Working Papers wp76, Political Economy Research Institute, University of Massachusetts at Amherst. [Downloadable!]
3. Engelbert Stockhammer, 2003. "The Effect of Wages on Migration From the Habsburg Monarchy to Northern America in 1910," Departmental Working Papers 0306, Bilkent University, Department of Economics.
4. Christian Bellak, 2003. "Gaining and Losing Competitive Advantage," Working Papers geewp34, Vienna University of Economics and B.A. Research Group: Growth and Employment in Europe: Sustainability and Competitiveness. [Downloadable!]

2002

1. Özlem Onaran & Engelbert Stockhammer, 2002. "Two Different Export-oriented Growth Strategies under a Wage-led Accumulation Regime: à la Turca and à la South Korea," Working Papers wp38, Political Economy Research Institute, University of Massachusetts at Amherst. [Downloadable!]
2. Engelbert Stockhammer & Özlem Onaran, 2002. "Accumulation, distribution and employment: a structural VAR approach to a post-Keynesian macro model," Working Papers geewp20, Vienna University of Economics and B.A. Research Group: Growth and Employment in Europe: Sustainability and Competitiveness. [Downloadable!]

2001

1. Zagler M, 2001. "Does Economic Growth Exhibit a Different Impact on Job Creation and Job Destruction?," ISER working papers 2000-40, Institute for Social and Economic Research. [Downloadable!]
2. Christian Bellak & Reinhold Hofer & Peter Tschmuck, 2001. "Wettbewerbs- Und Strukturpolitik Österreichs," Working Papers geewp16, Vienna University of Economics and B.A. Research Group: Growth and Employment in Europe: Sustainability and Competitiveness. [Downloadable!]
3. Christian Bellak, 2001. "Multinational Enterprises and Their Domestic Counterparts: Past Research, Current Issues and Future Directions," Working Papers geewp18, Vienna University of Economics and B.A. Research Group: Growth and Employment in Europe: Sustainability and Competitiveness. [Downloadable!]

2000

1. Martin Zagler, 2000. "The Austrian Miracle - Revisited: Testing eight Explanations for High Growth and maybe a ninth," Working Papers geewp11, Vienna University of Economics and B.A. Research Group: Growth and Employment in Europe: Sustainability and Competitiveness. [Downloadable!]
2. Brigitte Unger & Martin Zagler, 2000. "Organizational versus Technological Determinants of Innovation," Department of Economics Working Papers wuwp074, Vienna University of Economics and B.A., Department of Economics. [Downloadable!]
3. Zagler, M., 2000. "Aggregate Demand, Economic Growth, and Unemployment," Economics Working Papers eco2000/17, European University Institute.
4. Zagler, M., 2000. "Economic Growth, Structural Change, and Search Unemployment," Economics Working Papers eco2000/16, European University Institute.
5. Zagler, M., 2000. "Growth Externalities, Unions, and Long-term Wage Accords," Economics Working Papers eco2000/18, European University Institute.
6. Engelbert Stockhammer, 2000. "Is There an Equilibrium Rate of Unemployment in the Long Run?," Working Papers geewp10, Vienna University of Economics and B.A. Research Group: Growth and Employment in Europe: Sustainability and Competitiveness. [Downloadable!]
7. Engelbert Stockhammer, 2000. "Financialization and the Slowdown of Accumulation," Working Papers geewp14, Vienna University of Economics and B.A. Research Group: Growth and Employment in Europe: Sustainability and Competitiveness. [Downloadable!]
8. Engelbert Stockhammer, 2000. "Explaining European Unemployment: Testing the NAIRU Theory and a Keynesian Approach," Department of Economics Working Papers wuwp068, Vienna University of Economics and B.A., Department of Economics. [Downloadable!]
9. Christian Bellak, 2000. "The Investment Development Path of Austria," Department of Economics Working Papers wuwp075, Vienna University of Economics and B.A., Department of Economics. [Downloadable!]
10. Pfaffermayr, Michael & Bellak, Christian, 2000. "Why Foreign-Owned Firms are Different: A Conceptual Framework and Empirical Evidence for Austria," Discussion Paper Series 26372, Hamburg Institute of International Economics. [Downloadable!]

1999

1. Christian Ragacs & Martin Zagler, 1999. "Ansätze für die österreichsiche Wachstumspolitik," Working Papers geewp05, Vienna University of Economics and B.A. Research Group: Growth and Employment in Europe: Sustainability and Competitiveness. [Downloadable!]
2. Martin Zagler, 1999. "Endogenous Growth, Efficency Wages, and Persistent Unemployment," Department of Economics Working Papers wuwp066, Vienna University of Economics and B.A., Department of Economics. [Downloadable!]
3. Engelbert Stockhammer, 1999. "The Slowdown of Accumulation and the Rise of European Unemployment," Working Papers geewp08, Vienna University of Economics and B.A. Research Group: Growth and Employment in Europe: Sustainability and Competitiveness. [Downloadable!]
4. Engelbert Stockhammer, 1999. "Robinsonian and Kaleckian Growth. An Update on Post-Keynesian Growth Theories," Department of Economics Working Papers wuwp067, Vienna University of Economics and B.A., Department of Economics. [Downloadable!]
5. Christian Bellak & Wilfried Altzinger, 1999. "Direct Versus Indirect FDI: Impact On Domestic Exports And Employment," Working Papers geewp09, Vienna University of Economics and B.A. Research Group: Growth and Employment in Europe: Sustainability and Competitiveness. [Downloadable!]
6. Christian Bellak, 1999. "Explaining Foreign Ownership By Comparative and Competitive Advantage: Empirical Evidence," Department of Economics Working Papers wuwp062, Vienna University of Economics and B.A., Department of Economics. [Downloadable!]

1998

1. Christian Ragacs & Thomas Steinberger & Martin Zagler, 1998. "Growth Theories and the Persistence of Output Fluctuations: The Case of Austria," Department of Economics Working Papers wuwp060, Vienna University of Economics and B.A., Department of Economics. [Downloadable!]

1997

1. Christian Ragacs & Martin Zagler, 1997. "Economic Policy in a Model of Endogenous Growth," Department of Economics Working Papers wuwp053, Vienna University of Economics and B.A., Department of Economics. [Downloadable!]

1996

1. Martin Zagler, 1996. "Long-Run Monetary Non-Neutrality in a Model of Endogenous Growth," Department of Economics Working Papers wuwp037, Vienna University of Economics and B.A., Department of Economics. [Downloadable!]

Journal articles

2009

1. Engelbert Stockhammer, 2009. "Effects of European integration on Austria's economy," International Review of Applied Economics, Taylor and Francis Journals, vol. 23(1), pages 19-40. [Downloadable!] (restricted)

2008

1. Onaran, Ozlem & Stockhammer, Engelbert, 2008. "The effect of FDI and foreign trade on wages in the Central and Eastern European Countries in the post-transition era: A sectoral analysis for the manufacturing industry," Structural Change and Economic Dynamics, Elsevier, vol. 19(1), pages 66-80, March. [Downloadable!] (restricted)
2. Engelbert Stockhammer, 2008. "Is The Nairu Theory A Monetarist, New Keynesian, Post Keynesian Or A Marxist Theory?," Metroeconomica, Blackwell Publishing, vol. 59(3), pages 479-510, 07. [Downloadable!] (restricted)
3. Engelbert Stockhammer & Stefan Ederer, 2008. "Demand effects of the falling wage share in Austria," Empirica, Springer, vol. 35(5), pages 481-502, December. [Downloadable!] (restricted)
4. Eckhard Hein & Torsten Niechoj & Engelbert Stockhammer, 2008. "Special Issue Financial Markets, Financialisation and the Macroeconomy. Editorial to the Special Issue," Intervention. European Journal of Economics and Economic Policies, Metropolis, vol. 5(2), pages 329-330.
5. Engelbert Stockhammer, 2008. "Wage Flexibility or Wage Coordination? Economic Policy Implications of the Wage-led Demand Regime in the Euro Area," Intervention. European Journal of Economics and Economic Policies, Metropolis, vol. 5(1), pages 54-62. [Downloadable!] (restricted)
6. Bellak, Christian & Leibrecht, Markus & Riedl, Aleksandra, 2008. "Labour costs and FDI flows into Central and Eastern European Countries: A survey of the literature and empirical evidence," Structural Change and Economic Dynamics, Elsevier, vol. 19(1), pages 17-37, March. [Downloadable!] (restricted)

2007

1. Walpurga Köhler-Töglhofer & Martin Zagler, 2007. "The Composition of the Government Budget and the Dynamics of Public Debt," FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen, vol. 63(2), pages 244-263, June. [Downloadable!] (restricted)
2. Engelbert Stockhammer, 2007. "Uncertainty, Class, and Power," International Journal of Political Economy, M.E. Sharpe, Inc., vol. 35(4), pages 31-49, December. [Downloadable!] (restricted)
3. Christian Bellak & Markus Leibrecht & Roman Römisch, 2007. "On the appropriate measure of tax burden on foreign direct investment to the CEECs," Applied Economics Letters, Taylor and Francis Journals, vol. 14(8), pages 603-606. [Downloadable!] (restricted)

2006

1. Martin Zagler, 2006. "Does Economic Growth Exhibit A Different Impact On Job Creation And Job Destruction?," Scottish Journal of Political Economy, Scottish Economic Society, vol. 53(5), pages 672-683, November. [Downloadable!] (restricted)
2. Engelbert Stockhammer, 2006. "Shareholder value orientation and the investment-profit puzzle," Journal of Post Keynesian Economics, M.E. Sharpe, Inc., vol. 28(2), pages 193-215, January. [Downloadable!] (restricted)
3. Christian Bellak & Michael Pfaffermayr & Michael Wild, 2006. "Firm Performance after Ownership Change: A Matching Estimator Approach," Applied Economics Quarterly (formerly: Konjunkturpolitik), Duncker & Humblot, Berlin, vol. 52(1), pages 29-54.

2005

1. Hansjörg Klausinger & Ingrid Kubin & Alfred Stiassny & Herbert Walther & Christoph Weiss & Martin Zagler, 2005. "Introduction," Empirica, Springer, vol. 32(1), pages 1-2, 03. [Downloadable!] (restricted)
2. ÖZLEM ONARAN & ENGELBERT STOCKHAMMER, 2005. "Two Different Export-Oriented Growth Strategies: Accumulation and Distribution in Turkey and South Korea," Emerging Markets Finance and Trade, M.E. Sharpe, Inc., vol. 41(1), pages 65-89, January. [Downloadable!] (restricted)
3. Christian Bellak, 2005. "Adjustment strategies of multinational enterprises to changing national competitiveness," International Journal of the Economics of Business, Taylor and Francis Journals, vol. 12(1), pages 139-162, February. [Downloadable!] (restricted)

2004

1. Martin Zagler, 2004. "A New Look at Old Issues: Keynesian Unemployment Revisited," International Review of Applied Economics, Taylor and Francis Journals, vol. 18(2), pages 209-224, April. [Downloadable!] (restricted)
2. Klaus Vondra & Martin Zagler, 2004. "Environmental damage, abatement and sustainable economic growth," International Journal of Global Environmental Issues, Inderscience Enterprises Ltd, vol. 4(4), pages 287-297, January. [Downloadable!] (restricted)
3. Engelbert Stockhammer, 2004. "Explaining European Unemployment: Testing the NAIRU Hypothesis and a Keynesian Approach," International Review of Applied Economics, Taylor and Francis Journals, vol. 18(1), pages 1-26, January. [Downloadable!] (restricted)
4. Engelbert Stockhammer, 2004. "Is there an equilibrium rate of unemployment in the long run?," Review of Political Economy, Taylor and Francis Journals, vol. 16(1), pages 59-77, January. [Downloadable!] (restricted)
5. Engelbert Stockhammer, 2004. "Financialisation and the slowdown of accumulation," Cambridge Journal of Economics, Oxford University Press, vol. 28(5), pages 719-741, September. [Downloadable!] (restricted)
6. Stockhammer, Engelbert & Onaran, Ozlem, 2004. "Accumulation, distribution and employment: a structural VAR approach to a Kaleckian macro model," Structural Change and Economic Dynamics, Elsevier, vol. 15(4), pages 421-447, December. [Downloadable!] (restricted)
7. Christian Bellak, 2004. "How Domestic and Foreign Firms Differ and Why Does it Matter?," Journal of Economic Surveys, Blackwell Publishing, vol. 18(4), pages 483-514, 09. [Downloadable!] (restricted)

2003

1. Martin Zagler & Georg D¸rnecker, 2003. "Fiscal Policy and Economic Growth," Journal of Economic Surveys, Blackwell Publishing, vol. 17(3), pages 397-418, 07. [Downloadable!] (restricted)
2. Zagler, Martin, 2003. "The Dynamics of Economic Growth and Unemployment in Major European Countries: Analysis of Okun´s Law," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 3(3). [Downloadable!]

2002

1. Zagler, Martin, 2002. "Services, innovation and the new economy," Structural Change and Economic Dynamics, Elsevier, vol. 13(3), pages 337-355, September. [Downloadable!] (restricted)
2. Christian Ragacs & Martin Zagler, 2002. "Persistence of Shocks to Output in Austria and Theories of Economic Growth," Empirica, Springer, vol. 29(4), pages 305-317, December. [Downloadable!] (restricted)

1998

1. Martin Zagler & Christian Ragacs, 1998. "Innovation, Company Co-operation and the Transformation Process in Eastern Europe," Zagreb International Review of Economics and Business, Faculty of Economics and Business, University of Zagreb, vol. 1(2), pages 65-75, November. [Downloadable!] (restricted)
2. Cantwell, John & Bellak, Christian, 1998. "How Important Is Foreign Direct Investment?," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 60(1), pages 99-106, February.

1997

1. Stockhammer, Engelbert & Hochreiter, Harald & Obermayr, Bernhard & Steiner, Klaus, 1997. "The index of sustainable economic welfare (ISEW) as an alternative to GDP in measuring economic welfare. The results of the Austrian (revised) ISEW calculation 1955-1992," Ecological Economics, Elsevier, vol. 21(1), pages 19-34, April. [Downloadable!] (restricted)

1996

1. Bellak, Christian, 1996. "International capital mobility--a note," Journal of International Money and Finance, Elsevier, vol. 15(5), pages 825-828, October. [Downloadable!] (restricted)

1995

1. Bellak, Christian J, 1995. "Foreign Direct Investments Bias the Net External Asset Position," Applied Economics Letters, Taylor and Francis Journals, vol. 2(4), pages 83-85, April. [Downloadable!] (restricted)

This page was last updated on 2009-11-1.