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Austrian Institute Of Economic Research
The Austrian Institute of Economic Research (german: Österreichisches Institut für Wirtschaftsforschung, WIFO) is a private non-profit association located in Vienna, Austria. The institute was founded in 1927 by Friedrich Hayek and Ludwig von Mises.About WIFO , Austrian Institute of Economic Research With 124 employees (64 researchers, 30 research assistants, 30 administrative staff) it is the largest economic research institute in Austria. The current director is Gabriel Felbermayr who followed on 1 October 2021. WIFO is a member of the "Association of Eur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Friedrich Hayek
Friedrich August von Hayek ( , ; 8 May 189923 March 1992), often referred to by his initials F. A. Hayek, was an Austrian–British economist, legal theorist and philosopher who is best known for his defense of classical liberalism. Hayek shared the 1974 Nobel Memorial Prize in Economic Sciences with Gunnar Myrdal for their work on money and economic fluctuations, and the interdependence of economic, social and institutional phenomena. His account of how changing prices communicate information that helps individuals coordinate their plans is widely regarded as an important achievement in economics, leading to his prize. Hayek served in World War I during his teenage years and said that this experience in the war and his desire to help avoid the mistakes that had led to the war drew him into economics. At the University of Vienna, he studied economics, eventually receiving his doctoral degrees in law in 1921 and in political science in 1923. He subsequently lived and work ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Innovation Economics
Innovation economics is new and growing field of economic theory and applied and experimental economics that emphasizes innovation and entrepreneurship. It comprises both the application of any type of innovations, especially technological, but not only, into economic use, in classical economics this is the application of customer new technology into economic use; but also it could refer to the field of innovation and experimental economics that refers the new economic science developments that may be considered innovative. In his 1942 book ''Capitalism, Socialism and Democracy'', economist Joseph Schumpeter introduced the notion of an innovation economy. He argued that evolving institutions, entrepreneurs and technological changes were at the heart of economic growth. However, it is only in recent years that "innovation economy," grounded in Schumpeter's ideas, has become a mainstream concept". Historical origins Joseph Schumpeter was one of the first and most important schol ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Austrian Chamber Of Labour
The Chamber of Labour (German: ''Kammer für Arbeiter und Angestellte'', shortform ''Arbeiterkammer'' or ''AK''), is an organisation that represents the interests of 3 million Austrian employees and consumers. Membership is compulsory for all employees working in Austria, and it is thus not to be confused with Austrian labour unions, where membership is voluntary and which are organized in an umbrella organisation, the ÖGB. Together, the ÖGB and the Arbeiterkammer represent the interests of employees in the Austrian system of Sozialpartnerschaft (''"Social Partnership"''), which plays a major role in the regulation of wages and prices. The Austrian Chamber of Labour is based on the nine Chambers of labour for each federal state in Austria. The president of the Chamber of Labour for Vienna is also the president of the Austrian Chamber of Labour. The Chamber of Labour was founded in 1920 after the collapse of the Austrian-Hungarian monarchy. During 1934 and 1938 the Chamber of Lab ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Austrian Federal Economic Chamber
The Austrian Federal Economic Chamber ( de: ''Wirtschaftskammer Österreich'' or WKO) functions as the federal parent organization for the nine State Chambers and 110 trade associations for different industries within Austria's system of economy. Most State Chambers and associations have local offices to provide services in close proximity to members. Compulsory membership by Austrian federal law is automatic with obtaining the operating licence of the company and thus includes all Austrian companies in operation. The resultant membership of 517.477 active businesses as per 2017 includes diverse sectors such as trade and craft, commerce, industry, transportation, tourism, services industries, finance and insurance Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge ..., but not agric ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Christoph Leitl
Christoph Leitl (born 29 March 1949 in Linz, Upper Austria) is an Austrian politician. A member of the Austrian People's Party, he is the former president of the Austrian Federal Economic Chamber and president of EUROCHAMBRES since 2018. Life Leitl has been married to Erni since 1973 and father of two children. He graduated from the Johannes Kepler University Linz in 1971 with a Magister degree and earned his doctorate in Economic and Social Sciences at the same university in 1973. Leitl served as president of Bauhütte Leitl-Werke Ges.m.b.H., a medium-sized company in the construction materials business owned by his family, from 1977 to 1990. Politics Leitl has always been known for his "fervent European perspective". Since the 1960s, he has been politically involved in European youth and entrepreneurs movements. From 1985 to 1990, Leitl was MP in the Upper Austria state legislature. In 1990, he became minister of Economic Affairs of the same state. From 1995 to 2000, Leit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bloomberg L
Bloomberg may refer to: People * Daniel J. Bloomberg (1905–1984), audio engineer * Georgina Bloomberg (born 1983), professional equestrian * Michael Bloomberg (born 1942), American businessman and founder of Bloomberg L.P.; politician and mayor of New York City (2002–2013) * Ramon Bloomberg (born 1972), American artist and film director Other uses * Bloomberg L.P., financial news and media company founded by Michael Bloomberg ** Bloomberg News, a news agency ** ''Bloomberg Businessweek'', weekly business magazine and website ** ''Bloomberg Markets,'' a monthly financial magazine ** Bloomberg Radio, a business radio network ** Bloomberg Television, a business news channel ***Bloomberg TV Canada ***Bloomberg TV Philippines ***Bloomberg TV Malaysia ** Bloomberg Terminal, desktop terminal and software widely used in the financial industry ** Bloomberg Data, API product using sftp or web service protocols to retrieve market data ** Bloomberg Government, online news service c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
OECD Main Economic Indicators
OECD Main Economic Indicators, often simply called Main Economic Indicators and abbreviated MEI, is a monthly publication by the Organisation for Economic Co-operation and Development (OECD) of economic indicators worldwide (with a focus on OECD countries). According to the official website, it "presents comparative statistics that provide an overview of recent international economic developments." The publication is available online at the OECD iLibrary. Reception Academic research The OECD Main Economic Indicators have been used extensively in the academic literature to study the performance of OECD and (some) non-OECD countries. Media reception The OECD Main Economic Indicators (as well as a related twice-yearly publication called '' Economic Outlook'') inform commentary on economic performance in the mainstream and financial press, including by ''Reuters'', ''Agence France-Presse'', the ''Wall Street Journal'', and ''Bloomberg''. See also * Economic Outlook (OECD publication) * ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
OECD
The Organisation for Economic Co-operation and Development (OECD; french: Organisation de coopération et de développement économiques, ''OCDE'') is an intergovernmental organisation with 38 member countries, founded in 1961 to stimulate economic progress and world trade. It is a forum whose member countries describe themselves as committed to democracy and the market economy, providing a platform to compare policy experiences, seek answers to common problems, identify good practices, and coordinate domestic and international policies of its members. The majority of OECD members are high-income economies with a very high Human Development Index (HDI), and are regarded as developed countries. Their collective population is 1.38 billion. , the OECD member countries collectively comprised 62.2% of global nominal GDP (US$49.6 trillion) and 42.8% of global GDP ( Int$54.2 trillion) at purchasing power parity. The OECD is an official United Nations observer. In April 1948, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Commission
The European Commission (EC) is the executive of the European Union (EU). It operates as a cabinet government, with 27 members of the Commission (informally known as "Commissioners") headed by a President. It includes an administrative body of about 32,000 European civil servants. The Commission is divided into departments known as Directorates-General (DGs) that can be likened to departments or ministries each headed by a Director-General who is responsible to a Commissioner. There is one member per member state, but members are bound by their oath of office to represent the general interest of the EU as a whole rather than their home state. The Commission President (currently Ursula von der Leyen) is proposed by the European Council (the 27 heads of state/governments) and elected by the European Parliament. The Council of the European Union then nominates the other members of the Commission in agreement with the nominated President, and the 27 members as a team are then ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Energy Economics
Energy economics is a broad scientific subject area which includes topics related to supply and use of energy in societies. Considering the cost of energy services and associated value gives economic meaning to the efficiency at which energy can be produced. Energy services can be defined as functions that generate and provide energy to the “desired end services or states”. The efficiency of energy services is dependent on the engineered technology used to produce and supply energy. The goal is to minimise energy input required (e.g. kWh, mJ, see Units of Energy) to produce the energy service, such as lighting ( lumens), heating (temperature) and fuel (natural gas). The main sectors considered in energy economics are transportation and building, although it is relevant to a broad scale of human activities, including households and businesses at a microeconomic level and resource management and environmental impacts at a macroeconomic level. Due to diversity of issues a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Agriculture Economics
Agricultural economics is an applied field of economics concerned with the application of economic theory in optimizing the production and distribution of food and fiber products. Agricultural economics began as a branch of economics that specifically dealt with land usage. It focused on maximizing the crop yield while maintaining a good soil ecosystem. Throughout the 20th century the discipline expanded and the current scope of the discipline is much broader. Agricultural economics today includes a variety of applied areas, having considerable overlap with conventional economics.Daniel A. Sumner, Julian M. Alson, and Joseph W. Glauber (2010). "Evolution of the Economics of Agricultural Policy", ''American Journal of Agricultural Economics'', v. 92, pp. 403-423. Agricultural economists have made substantial contributions to research in economics, econometrics, development economics, and environmental economics. Agricultural economics influences food policy, agricultural policy ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Environmental Economics
Environmental economics is a sub-field of economics concerned with environmental issues. It has become a widely studied subject due to growing environmental concerns in the twenty-first century. Environmental economics "undertakes theoretical or empirical studies of the economic effects of national or local environmental policies around the world. ... Particular issues include the costs and benefits of alternative environmental policies to deal with air pollution, water quality, toxic substances, solid waste, and global warming." Environmental economics is distinguished from ecological economics in that ecological economics emphasizes the economy as a subsystem of the ecosystem with its focus upon preserving natural capital. One survey of German economists found that ecological and environmental economics are different schools of economic thought, with ecological economists emphasizing "strong" sustainability and rejecting the proposition that human-made ("physical") capital ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
