Risk, Insurance, and Capital Based Old Age Provision:

Die Folgen dauernder Berufsunfähigkeit für das erwartete Lebenseinkommen

(Consequenes of Permanent Occupational Disability on Expected Life Time Income in Austria)“, (together with S. Kaniovski), Versicherungsrundschau, Vienna, p. 27-30, 2019(3).

(Consequenes of Permanent Occupational Disability on Expected Life Time Income in Austria), (together with S. Kaniovski), WIFO-Study, Vienna, 2019.

(Sources of corporate financing in Austria), WIFO-Study, Vienna, 2019.

(Further Decline of Private Insurance Premium Intakes in 2017), WIFO-Monatsberichte, 91(9), 639-649, Vienna, 2018.

(Soft Loans as an Instrument for Export Promotion and Official Development Assistance), (together with Y. Wolfmayer, E. Christen, G. Streicher, K. Friesenbichler), WIFO-Studie, Wien, 2018.

(together with F. Sinabel, K. Heinschink,), in Sauer, J., Kantelhardt, J., Bitsch, V., Glebe, T., Oedl-Wieser, T., „Agrar- und Ernährungswirtschaft zwischen Ressourceneffizienz und gesellschaftlichen Erwartungen“, Schriften der Gesellschaft für Wirtschaft- und Sozialwissenschaften des Landbaus e.V. Band 53, Münster, 2018, 287-297.

(Current Account and Employment Effects of Public Guarantees by Aval and Participation Guarantees), WIFO-Study, Vienna, 2018.

(together with F. Sinabell, K. Heinschink), Agricultural Finance Review, 78(2), 2018, 233-245.

(Public Costs of Subsidizing Private and Occupational Pensions), (together with A. Pekanov), Bundesministerium für Arbeit, Soziales und Konsumentenschutz, Vienna, 2017.

WIFO-Bulletin, 22(14), 2017, 133-142.

(Private Insurance Premium Intakes Declined in 2016), WIFO-Monatsberichte, 90(9), 701-711, Vienna, 2017.

(Life Insurance from an Individual and Macroeconomic Perspective), WIFO-Study, Vienna, 2017.

(together with K. Heinschink, F. Sinabel), in J. Góral and M. Wigier (Ed.) „Risk in the Food Economy - Theory and Practice“,Institute of Agricultural and Food Economics National Research Institute, Warsaw, 2017, 53-64.

(together with K. Heinschink, F. Sinabel), WIFO Working Paper No. 536, Vienna, 2017.

WIFO Bulletin, 21(15), 2016, 146-155.

(Private Insurance Industry Showed Weak Premium Dynamics in 2015), WIFO-Monatsberichte, 89, 2016(9), 643-653.

(Growing Internationalisation Creates New Challenges for State Export Guarantees), WIFO-Monatsberichte, 89, 2016(8), 593-603.

(Forecast of Expenditures on Long-term Care), WIFO-Study, Vienna, 2016.

(Export Credit Guarantees in Austria – Effects on Value Added and Employment), WIFO-Study, Vienna, 2016.

(Surge in Single Premium Payments Secured Stable Revenues for Private Insurance Business in 2014), WIFO-Monatsberichte, 88, 2015(9), 695-705.

(Retirement Income Provision throughout Europe), WIFO-Study, Vienna, 2015.

Weak Growth Weighs on Private Insurance Business in 2013

WIFO-Bulletin 19(14), 2014, 132-141.

(Weak Growth Impacts on Private Insurance Business in 2013), WIFO-Monatsberichte, 87, 2014(9), 609-618.

(together with H. Badinger), CESifo-Forum, 15, 2014(3), 39-44.

(Benefits from Underwriting Risk in Classic Life Insurance), WIFO-Study, Vienna, 2014.

Austrian Economic Quarterly, 2013(3), 166-176.

(Life Insurance Business Continues to Suffer from Low Interest Rates), WIFO-Monatsberichte, 86, 2013(9), 769-779.

(together with H. Badinger), World Economy, 36, 2013(9), 1115-1130.

(Consequences of Fee Disclosure in Insurance Brokerage), in Gisch, E.,, Kronsteiner, F., Riedlsberger, G., „Versicherungsvermittlung in Österreich“, NWV, Vienna, 2013, 151-169.

(Aggregate Data on Old Age Provision in Austria), in Urnik, S., Pfeil, W., J., (Hrsg.), Betriebliche Altersvorsorge in der Krise, Manz, Wien, 2013, 1-18.

(Bridging Annuities as an Instrument to Cover Income Gaps Before Retirement ), WIFO-Study, Vienna, 2013.

Austrian Economic Quarterly, 2012(4), 256-264.

(Low Financial Returns Undermine the Life Insurance Business), WIFO-Monatsberichte, 85, 2012(10), 785-793.

(Capital Markets as a Source of Finance and Device for Corporate Control), Wirtschaftspolitische Blätter, 2012, 59(1), 53-66.

(together with H. Badinger), WIFO-Working Paper No. 423/2012, Vienna, 2012.

(The role of life insurance in providing occupational pensions), WIFO-study, Vienna, 2012.

Austrian Economic Quarterly, 2011(4), 234-243.

(Do Elderly Employees Crowd out Youngsters in the Labor Market?), in Martinek, J., M., Mazal, W., „Denkwerkstatt: Reiche Gesellschaft mit Zukunft – Jugend und Vorsorgeplanung aus Sicht von Expertinnen und Experten“, Neuer Wissenschaftlicher Verlag, Wien, 2011, 59-70.

(Steady Development of the Private Insurance Economy in Turbulent Times), WIFO-Monatsberichte, 84, 2011(10), 653-662.

(together with W. Eichhorst, M. Gerard, M.J. Kendzia, C. Mayrhuber, C. Nielsen, G. Rünstler), DG for Internal Policies, Policy Dept. A: Economic and Scientific Policy, European Parliament, Brussels, 2011.

(Insurance and Mutual Funds - Role and Necessary Requirements), in Hambrusch, J., Kniepert, M., Rosenwirth, C., Sinabell, F., Strauss, F., Tribl, C., Url, T., „Agrarpolitische und betriebswirtschaftliche Optionen zum Risikomanagement in der Landwirtschaft“, Bundesministerium für Land- und Forstwirtschaft, Umwelt und Wasserwirtschaft, Wien, 2011, 100-115.

(Occupational and Private Pensions in Austria – Instruments and Costs to the Public), Sozialpolitische Studienreihe Band Nr. 6, Bundesministerium für Arbeit, Gesundheit und Soziales, Vienna, 2011.

(Private Insurance as a Source of Funds for Long-Term Care), WIFO-study, Vienna, 2011.

(Private Insurance as Source of Funding for Long-Term Care), in Martinek, J.M., Mazal, W. Denkwerkstatt: Fiktionen der Wissenschaft – Zukunft der Altersvorsorge aus Expertensicht“, Neuer Wissenschaftlicher Verlag, Wien, 2010, 109-127.

(Insurance Industry Takes Moderate Hit From Recession), WIFO-Monatsberichte, 83, 2010(10), 821-830.

(together with B. Mahlberg), Journal of Banking and Finance, 34, 2010(7), 1540-1548.

Austrian Economic Quarterly, 2010(1), 25-36.

(Export Credit Guarantees in Austria – Effects on Employment and Other Economic Figures), (together with S. Sieber), Austrian Institute of Economic Research (WIFO), Vienna, 2010.

(Occupational Pensions Plans as a Complement to Public Pensions), WIFO-Monatsberichte, 83, 2010(1), 61-72.

(Economic Significance of Mutual Funds and the Risk-Return Trade-off for Long-term Stock-Investments), Austrian Institute of Economic Research (WIFO), Vienna, 2009.

(Private Insurance Industry Masters the Financial Crisis With Moderate Losses), WIFO-Monatsberichte, 82, 2009(10), 767-777.

(Coverage by Occupational Pension Plans in Austria 2007), Austrian Institute of Economic Research (WIFO), Vienna, 2009.

(together with F. Sinabell), Schmollers Jahrbuch, 128, 2008 (4), 593-614.

(Low Levels of Venture Capital Fundraising), (together with J. Marchart), WIFO-Monatsberichte, 81, 2008(11), 841-853.

(Exceedance Probability Curves for Floodings in Austria), Austrian Institute of Economic Research (WIFO), Vienna, 2008.

(2007 Another Year of Weak Growth for the Private Insurance Sector), WIFO-Monatsberichte, 81, 2008(10), 761-770.

(Market Structure and Performance of Austrian Pension Funds), in Zotter, T., "Pensionskassen: Europa – Österreich, Strukturen, Erfahrungen, Perspektiven", Wirtschaftswissenschaftliche Tagungen der Arbeiterkammer Wien Band 13, Lexis Nexis Verlag, Vienna, 2008, 91-105.

(Barriers to Financing Venture Capital Funds in Austria), (together with J. Marchart), Austrian Institute of Economic Research (WIFO), Vienna, 2008.

(Performance Figures for Austrian Life Insurance Companies), Austrian Institute of Economic Research (WIFO), Vienna, 2007.

(Private Insurers Faced with Muted Premium Growth in 2006), WIFO-Monatsberichte, 80, 2007(10), 803-813.

(Efficient Risk Management for Natural Hazards – The Example of Flood Hazards), (together with F. Sinabel), WIFO-Monatsberichte, 80, 2007 (6), 537-547.

(The Effect of Corporate Taxes on Trade in Insurance Services)", Zeitschrift für die gesamte Versicherungswissenschaft, 96, 2007 (1), 1-32.

(Insurance as an Efficient Instrument to Manage Catastrophe Risk), (together with F. Sinabell), Austrian Institute of Economic Research (WIFO), Vienna, 2006.

(2005 Excellent Business Year for Austrian Insurers), WIFO-Monatsberichte, 79, 2006(10), 723-733.

Versicherungslösungen für Naturgefahren

(Private Insurance Solutions for Natural Disasters), (together with F. Sinabell), Versicherungsrundschau, 2006 (7-8), 177-178.

(together with P. Egger), The World Economy, 29, 2006, 399-418.

(Consequences of Public Health Reform on Private Health Insurance), Austrian Institute of Economic Research (WIFO), Vienna, 2006.

(Expenditure on Consumption by Pensioner Households in Austria), (together with M. Wueger), WIFO-Monatsberichte, 78, 2005, pp. 775-782.

(In 2004 Actuarial Results and Investment Earnings Soared for all Insurance Lines)", WIFO-Monatsberichte, 78, 2005, pp. 715-723.

(Consumption Expenditures of Austrian Households in Retirement Age), (together with M. Wueger), Austrian Institute of Economic Research (WIFO), Vienna, 2005.

Transparenz von Altersvorsorgeprodukten in der Lebensversicherung

(Transparency of Life Insurance Products for Old Age Provision) in Blaschek, B., Haghofer, T., "Vorsorgeprodukte aus dem Versicherungsbereich - Wieviel Transparenz brauchen Kosumentinnen?", Wilhelminenberggespräche 2004 Band 31, Verlag Österreich, Vienna, pp. 17-35.

(Contribution Rates in a Harmonized Notional Accounts Pension System), (together with C. Mayrhuber), Austrian Institute of Economic Research (WIFO), Vienna, 2004.

Eigenschaften und aktueller Umfang der kapitalgedeckten Altersvorsorge in Österreich

(Properties and Coverage of Funded Old Age Provision in Austria), Versicherungsrundschau, 2004 (10), Beilage Altersvorsorge aktuell pp. 1–4.

(Improvement of Property-liability insurance continued in 2003 )", WIFO-Monatsberichte, 77, 2004, S. 769-778.

(Occupational and Private Pension Instruments in Austria), Austrian Institute of Economic Research (WIFO), Vienna, 2004.

(together with P. Egger), WIFO-Working Paper, Vienna, 2004.

(together with B. Mahlberg), Empirical Economics, 28, 2003, 813-838.

Chancen und Grenzen der zweiten und dritten Säule in Österreich

(Chances and Limits for the Second and Third Pillar in Austria), Versicherungsrundschau, 10/2003, Beilage Altersvorsorge, pp. 1-2.

(Weak Nominal Income Growth Impacts on Insurance Sector in 2002)", WIFO-Monatsberichte, 76, 2003, 781-790.

(Discussion of "Investment Based Pension Reforms a Solution to the Old-Age Crisis, Risk Issues in the Pension Reform Debate")", Berichte und Studien, Wien, 2003, pp. 234-237.

(The Role of Firm Pension Plans in Austria), in Grünwald, O., Url, T., Zeilhofer, H., Hoskovec, H., Schiendl, G., Bittner, M., "Betriebliche Altersvorsorge in Österreich", Austrian Institute of Economic Research (WIFO), Vienna, 2003, pp. 7-46

Discussion of "Investment Based Pension Reforms a Solution to the Old-Age Crisis, Risk Issues in the Pension Reform Debate"

Focus on Austria, Vienna, 2/2003, pp. 155-158.

Austrian Economic Quarterly, 2/2003, pp. 64-70.

(The Role of Technical Provisions in the Insurance Industry), Austrian Institute of Economic Research (WIFO), Vienna, 2003.

Die Entwicklung der betrieblichen Altersvorsorge in Österreich

Kurzfassung (Dynamics of Firm Pensions in Austria – Abridged Version), Austrian Institute of Economic Research (WIFO), Vienna, 2003.

(Dynamics of Firm Pensions in Austria)”, Austrian Institute of Economic Research (WIFO), Vienna, 2003.

(Private Insurance in 2001: Return to Normality), WIFO-Monatsberichte, 2002, 75, pp. 651-659.

Strukturanalyse des Arbeitsmarktes im Beherbungs- und Gaststättenwesen

Teilstudie: Abfertigungszahlungen (Labor Market Structure in the Tourism Sector – Part: Severance Payments), Austrian Institute of Economic Research (WIFO), Vienna, 2002.

Die Besteuerung von Versicherungsleistungen und Versicherungsunternehmen in Österreich

(Taxation of Insurance and Insurance Companies in Austria), Austrian Institute of Economic Research (WIFO), Vienna, 2002.

(Financial Services in the National Accounts: The Insurance Industry), WIFO-Monatsberichte, 2002, 75, pp. 99-106.

(Property-Liability-Insurance Dampens Profit Situation of the Insurance Industry in 2000), WIFO-Monatsberichte, Vienna, 2001, 74, S. 613-621.

(The Insurance Industry in the System of National Accounts ESA 1995), Austrian Institute of Economic Research (WIFO), Vienna, 2001.

Ertragsrisken Kapitalgedeckter Pensionssysteme

(Income Risks of Funded Pensions), in Soziale Sicherheit, 5/2001, S. 465-472.

(Income Risks of Funded Pensions), in WIFO-Monatsberichte (74), 2/2001, pp. 121-128.

Die Auswirkung von Einkommensabhängigen Ansparplänen auf das Pensionseinkommen

(The Consequence of Income Dependent Private Pension Plans on Retirees‘ Income Level), Austrian Institute of Economic Research (WIFO), Vienna, 2001.

(Labor-Cost Effects of a Change from Lump-Sum Severance Payments to a Contribution Based System), WIFO-Monatsberichte (73), 12/2000, pp. 747-753.

(The Internet-Use of Austrian Insurance Companies), Zeitschrift für die Gesamte Versicherungswissenschaft, 89, 2000, pp. 323-338.

(Life Insurance Drives Growth of Private Insurance Sector in 1999), WIFO-Monatsberichte (73), 10/2000, pp. 627-633.

(Redistribution and Contribution Equivalence in Old Age Security), (together with C. Mayrhuber), WIFO-Monatsberichte (73), 9/2000, S. 547-557.

Volkswirtschaftliche Auswirkungen der beiden Abfertigungsmodelle

(Economic Consequences of both Severance Schemes), (together with C. Mayrhuber) in Ministry of Economics and Labor „Abfertigung Neu – Bericht der Expertenarbeitsgruppe 1999/2000“, Vienna, 2000, pp. 25-50.

Die Leistungsfähigkeit und Leistungssicherheit Kapitalgedeckter Pensionssysteme

(Ability to Pay and Risks of Funded Pension Systems), Austrian Institute of Economic Research (WIFO), Vienna, 2000.

(together with B. Mahlberg), WIFO-Working Paper No. 131/2000, Vienna, 2000.

Das Vertriebsnetz als Instrument im Wettbewerb der Versicherer

(The distribution network as an instrument in the competition among insurers), Austrian Institute of Economic Research (WIFO), Vienna, 2000.

Zustand und Zukunft Steuerlicher Förderung der Privaten Altersvorsorge

(Situation and Future of tax Incentives for Private old age Provision) (together with F. Seiler), Austrian Institute of Economic Research (WIFO), Vienna, 2000.

(Single Market Effects Felt by Private Insurance Industry), WIFO-Monatsberichte (72), 10/1999, 705-710.

(Short-Time Employment Dominates Labor Market in Austria) (together with C. Mayrhuber), WIFO-Monatsberichte (72), 10/1999, 693-704.

(together with J. Stankovsky), Austrian Economic Quarterly (4), 2/1999, 141-156.

(Export Guarantees in Austria), (together with J. Stankovsky), WIFO-Monatsberichte (72), 3/1999, 197-212.

Zur Umstellung der aktuellen Abfertigungsregelung auf ein Beitragssystem

(Changing current severance rules towards a contribution based fully funded system), (together with C. Mayrhuber), Austrian Institute of Economic Research (WIFO), Vienna, 1999.

Welche Rolle hat die Er- und Ablebensversicherung als Instrument der Altersvorsorge

(The role life assurance can play in old age provision), in Konsumentenschutz “Private Versicherung als Instrument der Altersvorsorge“, Tagungsband der 5. Versicherungswissenschaftlichen Tagung der Bundesarbeitskammer, Wien, 1999, 56-74.

(Cost and Benefits of the Austrian Export Guaranty System), (together with J. Stankowsky) WIFO-Monatsberichte (71), 10/1998, 687-90.

(Cost and Benefit Analysis of the Austrian Export Guaranty System), (together with J. Stankowsky) Austrian Institute of Economic Research (WIFO), Vienna, 1998.

Kosten und Nutzen der Exportgarantien in Österreich - Sonderauswertung für Beteiligte Unternehmen

(Cost and Benefit Analysis of the Austrian Export Guaranty System - Supplement for Participating firms), (together with J. Stankowsky), Austrian Institute of Economic Research (WIFO), Vienna, 1998.

Altersvorsorge im internationalen Vergleich: Auf dem Weg zum 3-Säulen-Modell?

(An International Comparison of old age Provision: On the way to a 3-Pillar-System?) in “Die Zukunft des Pensionssystems“, Freie Argumente Folge 4/98, Freiheitliche Akademie, Wien, 1998, 57-76.

(Privat Insurance Premiums Fall in the Wake of Public Deficit Reduction), WIFO-Monatsberichte (71), 10/1998, 679-85.

Betriebliche Altersvorsorge im internationalen Vergleich

(International Comparison of Occupational Pensions) in Walter Springer “Factbook, Vermögensveranlagung in Österreich“, Kapitalmarkt Österreich, Wien, 1998, 261-64.

(International comparison of pension reforms und occupational pension plans ), WIFO-Monatsberichte (71), 6/1998, 415-23.

Effizienzmessung in der Versicherungswirtschaft

(Insurance Business and Efficiency Measurement) Die Versicherungsrundschau, 3/1998, 31-36.

(together with B. Mahlberg), WIFO-Working Paper No. 97, Vienna, 1998.

Austrian Economic Quarterly (3), 1/1998, 43-50.

Steueraufkommen in der Versicherungswirtschaft

(Tax Revenue in the Insurance industry), (together with B. Mahlberg), Austrian Institute of Economic Research (WIFO), Vienna, 1997.

(Measures to Consolidate Public Households Cause 1996 a Boom in the Insurance Industry) WIFO-Monatsberichte (70), 12/1997, 753-60.

(The Scale of Occupational Pensions in Austria 1996), WIFO-Monatsberichte (70), 11/1997, 695-702.

The Austrian Pension System

(together with P. Rosner und A. Wörgötter), in Rein, M., Wadensjö, E., “Enterprise and the Welfare State“, Edward Elgar, Cheltenham, 1997, 33-64.

(The Austrian Pension System from a Risk Perspective) WIFO-Monatsberichte (70), 9/1997, 547-55.

Wohin gehen die österreichischen Pensionen

(Where are Austria’s Pensions Going), in Business Circle Conference Volume “Kosten- und Steuersparende Pensionsvorsorge“, Business Circle, Vienna, 1997.

(Life insurance drives the growth performance of insurance industry 1995), WIFO-Monatsberichte (69), 12/1996, 791-797.

Die volkswirtschaftliche Bedeutung der Dienstleistung Versicherung

(The Economic Impact of Insurance Services), in Konsumentenschutz “Die volkswirtschaftliche Bedeutung der Versicherungswirtschaft im freien Markt. Welche lenkungspolitischen Maßnahmen sind nach wie vor von Nöten?“, Tagungsband der 2. Versicherungswissenschaftlichen Tagung der Bundesarbeitskammer, Wien, 1996, 9-20.

Kennzahlen der österreichischen Versicherungswirtschaft

(Indices of the Austrian Insurance Sector), Die Versicherungsrundschau, 11/1996, 208-13.

Kennzahlen der österreichischen Versicherungswirtschaft

(Indices of the Austrian Insurance Sector), Austrian Institute of Economic Research (WIFO), Vienna, 1996.

(Occupational pension plans in Austria), (together with P. Mooslechner), in WIFO-Monatsberichte (69), 2/1996, 153-156.

(Occupational pension plans in Austria), (together with P. Mooslechner), Austrian Institute of Economic Research (WIFO), Vienna, 1995.

Betriebliche Altersvorsorge in Österreich - Kurzfassung

(Occupational Pension Plans - Abridged Version), (together with P. Mooslechner), Austrian Institute of Economic Research (WIFO), Vienna, 1995.

(Diverging Trends in Different Categories of Private Insurance) in WIFO-Monatsberichte (68), 7/1995, 465-469.

(Determinants of current account dynamics 1994/95), (together with M. Marterbauer, Y. Schnitzer), in WIFO-Monatsberichte (67), 12/1994, 650-55.

Determinanten der Leistungsbilanzentwicklung 1994/95

(Determinants of current account dynamics 1994/95), (together with M. Marterbauer, Y. Schnitzer), Austrian Institute of Economic Research (WIFO), Vienna, 1994.

(Insurance Industry Continues Expansion) in WIFO-Monatsberichte (67), 6/1994, 354-61.

(together with K. Bayer, J. Stankowsky), Austrian Institute of Economic Research (WIFO), Vienna, 1992.

Finanzierungsprobleme der österreichischen Pensionsversicherung

(Problems of Financing the Austrian Public Pensions System) Kummer-Institut-Schriften 3/88, Graz.