Oesterreichische Nationalbank

Displaying 1-6 of 6 results

  • White Papers // Mar 2011

    Global Economy Continues To Recover In A Fragile Environment

    U.S. economic growth has been gaining momentum, with the annualized growth rate of real GDP reaching 3.1% in the fourth quarter of 2010. Factoring in this good performance, the IMF has revised upward its economic outlook for 2011 by 0.7 percentage points to 3.0%. At the same time, the labor...

    Provided By Oesterreichische Nationalbank

  • White Papers // Feb 2011

    FDI, Trade And Growth In CESEE Countries

    Central, Eastern and SouthEastern Europe (CESEE) had experienced an export boom as well as a surge in capital inflows up to the outbreak of the economic and financial crisis, which had a major negative impact on these two facets of the CESEE growth model. Did the long-term growth prospects of...

    Provided By Oesterreichische Nationalbank

  • White Papers // Dec 2010

    Firms' Reactions To The Crisis And Their Consequences For The Labour Market. Results Of A Company Survey Conducted In Austria

    This paper is based on the results of two company surveys - the first was conducted in 2007, before the recession 2008/2009 hit Austria, and the second was conducted in 2009 shortly after the trough of it. The authors analyse firms' reactions to the crisis and focus on their labour...

    Provided By Oesterreichische Nationalbank

  • White Papers // Nov 2010

    Global Economy Continues To Recover

    The economic recovery, which had started in Asia and then quickly spread to the U.S.A., recently lost momentum in both regions. In the second quarter of 2010, the U.S. economy recorded real GDP growth (in annualized terms) of a mere 1.7% quarter on quarter, following 3.7% in the first three...

    Provided By Oesterreichische Nationalbank

  • White Papers // Sep 2010

    Bank-Lending Standards, The Cost Channel And Infltion Dynamics

    If firms borrow working capital to finance production, then nominal interest rates have a direct influence on inflation dynamics, which appears to be the case empirically. However, interest rates may only partly mirror the cost of working capital. In this paper the authors explore the role of bank lending standards...

    Provided By Oesterreichische Nationalbank

  • White Papers // Nov 2009

    Housing Finance Of Austrian Households

    This paper presents a first summary of the housing finance results of the OeNB's Household Survey on Housing Wealth in Austria. 22% of Austrian households have taken out debt to finance housing. The probability of holding such debt is significantly higher for younger and higher-income households than for others. High-income...

    Provided By Oesterreichische Nationalbank

  • White Papers // Sep 2010

    Bank-Lending Standards, The Cost Channel And Infltion Dynamics

    If firms borrow working capital to finance production, then nominal interest rates have a direct influence on inflation dynamics, which appears to be the case empirically. However, interest rates may only partly mirror the cost of working capital. In this paper the authors explore the role of bank lending standards...

    Provided By Oesterreichische Nationalbank

  • White Papers // Dec 2010

    Firms' Reactions To The Crisis And Their Consequences For The Labour Market. Results Of A Company Survey Conducted In Austria

    This paper is based on the results of two company surveys - the first was conducted in 2007, before the recession 2008/2009 hit Austria, and the second was conducted in 2009 shortly after the trough of it. The authors analyse firms' reactions to the crisis and focus on their labour...

    Provided By Oesterreichische Nationalbank

  • White Papers // Feb 2011

    FDI, Trade And Growth In CESEE Countries

    Central, Eastern and SouthEastern Europe (CESEE) had experienced an export boom as well as a surge in capital inflows up to the outbreak of the economic and financial crisis, which had a major negative impact on these two facets of the CESEE growth model. Did the long-term growth prospects of...

    Provided By Oesterreichische Nationalbank

  • White Papers // Nov 2009

    Housing Finance Of Austrian Households

    This paper presents a first summary of the housing finance results of the OeNB's Household Survey on Housing Wealth in Austria. 22% of Austrian households have taken out debt to finance housing. The probability of holding such debt is significantly higher for younger and higher-income households than for others. High-income...

    Provided By Oesterreichische Nationalbank

  • White Papers // Nov 2010

    Global Economy Continues To Recover

    The economic recovery, which had started in Asia and then quickly spread to the U.S.A., recently lost momentum in both regions. In the second quarter of 2010, the U.S. economy recorded real GDP growth (in annualized terms) of a mere 1.7% quarter on quarter, following 3.7% in the first three...

    Provided By Oesterreichische Nationalbank

  • White Papers // Mar 2011

    Global Economy Continues To Recover In A Fragile Environment

    U.S. economic growth has been gaining momentum, with the annualized growth rate of real GDP reaching 3.1% in the fourth quarter of 2010. Factoring in this good performance, the IMF has revised upward its economic outlook for 2011 by 0.7 percentage points to 3.0%. At the same time, the labor...

    Provided By Oesterreichische Nationalbank