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New emissions model reveals problems with carbon forecasts
Researchers at WU (Vienna University of Economics and Business) have developed a new model for forecasting greenhouse gas emissions. It shows that the global climate targets can no longer be achieved unless drastic measures are taken – and it reveals that some countries vastly overstate their carbon reduction efforts.
Crowd wisdom: A win for women musicians
Are experts really better at judging the quality of art than the general public? According to a study by WU (Vienna University of Economics and Business), this seems doubtful – at least in the field of classical music. The study shows that audiences outperform expert juries when it comes to predicting performers’ future success. Audience members are also less biased regarding musicians’ origin and gender.
Can education compensate for population decline?
Birth rates in industrialized countries are falling steadily. But the fewer children they have, the more parents invest in the education and health of their offspring – making them more valuable to the economy. Can increasing human capital compensate for falling birth rates? At least partially, as a study by WU shows.
Voter overconfidence makes the effects of fake news worse, WU research finds
Overconfidence among voters makes the negative effects of fake news even worse, new research by economist Melis Kartal from WU Vienna has found.
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.