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UN Climate Conference: Launch of World Emissions Clock
The World Data Lab (WDL) in cooperation with WU, announced the launch of the World Emissions Clock (WEC) on the margins of the UN Climate Conference in Egypt today. WU and WDL have developed this statistical model in partnership with the Federal Ministry of Economic Cooperation and Development of Germany (BMZ), the German Agency for International Cooperation (GIZ), the Patrick McGovern Foundation, the International Institute of Applied Systems Analysis, and the University of Oxford.
The labor market of the future: Are robots the solution, not the problem?
A new study by WU Vienna shows that automation can be a way out of demographic change.
Wealth distribution: 80 percent of wealth in the hands of the richest 20 percent
Current information on household wealth and income is crude and only comparable on an international level to a limited extent. A WU researcher proposes new approaches to improve the way distributional issues and inequality around the world are presented.
A new model to monitor food insecurity
Food insecurity affects almost 33% of the world’s population.
How business moods affect lending decisions
What role do optimistic and pessimistic expectations play in the financial markets? And how do these sentiments affect banks’ lending decisions? This question is at the heart of a recent study by Professor Ingrid Kubin, head of the Institute for International Economics and Development at WU (Vienna University of Economics), and her co-authors.
Jesús Crespo Cuaresma elected member of the Academia Europaea
Prof. Jesús Crespo Cuaresma has been appointed a full member of the Academia Europaea. The head of the Institute of Macroeconomics and deputy head of the Department of Economics is the second researcher from the Vienna University of Economics and Business to be elected to the Academia Europaea, following Prof. Harald Eberhard.
Countries closer to the equator have up to 33% less COVID infections
Countries that are closer to the equator have been shown to have less COVID-19 cases, relative to the number of residents, research from Vienna University of Economics and Business (WU Vienna) has revealed.
Housing costs: Young people, singles, single parents affected most
While housing costs are low for homeowners, they constitute a considerable financial burden for people who rent their homes.
Information influences how well markets work
Knowing more about the economy and politics is an advantage not only for individuals but also for society as a whole. If we have better knowledge and more information, we are able to make better decisions, which benefits everyone in the end. Professor Christoph Weiss from WU’s Department of Economics has investigated how more information makes markets work better.
Energy transition: Carbon pricing or subsidizing renewables?
Energy market researchers from WU (Vienna University of Economics and Business), FAU Erlangen-Nürnberg, and UAS Grisons have crunched the numbers to find out which strategies are most efficient at reducing CO2 emissions. According to their study, much greater reductions in CO2 emissions can be achieved by increasing the prices of carbon certificates than by subsidizing wind and solar power. The research has been published in the “Journal of Environmental Economics and Management,” one of the leading journals in the field of environmental economics.