Disclosure according to § 25 of the Media Act (Mediengesetz)
Media owner and publisher:

Austrian Institute of Economic Research
Arsenal, Objekt 20
1030 Vienna

Telephone: +43 1 798 26 01 - 0
Fax: +43 1 798 93 86

General enquiries:

Director: Univ.-Prof. MMag. Gabriel Felbermayr, PhD

Executive Board: Members of the Executive Board

UID number: WIFO is not subject to value added tax.

Association authority: Vienna Provincial Police Directorate (Landespolizeidirektion Wien)

ZVR (Central Register of Associations) number: 736 143 287

Purpose of the association:

The Austrian Institute of Economic Research ("WIFO") has the purpose of determining the conditions and tendencies of economic development in Austria with scientific objectivity, to disseminate the results of its research to the public with due regard to the common good and to promote understanding of economic interrelations.

General Terms and Conditions (in German only)

Privacy policy

General information:

This website and the content accessible on it are intended to provide information about WIFO's research work.

WIFO uses gender-sensitive formulations in all areas as far as possible. Remaining personal terms apply to all genders. Furthermore, WIFO observes the Standards of Good Scientific Practice of the ÖAWI ( for its scientific activities.

Consumers have the possibility to submit complaints to the EU's online dispute resolution platform: You can also send any complaints to the e-mail address given above.


The contents of this website have been researched and implemented with the greatest possible care. Nevertheless, errors in the editing process cannot be excluded. Please send comments and corrections to the web editorial office ( or call us (+43 1 798 26 01 – 216).

Despite careful checking, no liability can be accepted for the correctness, completeness and up-to-dateness of this content. In particular, the (further) use of the website or the freely accessible content does not constitute a contractual relationship. Nor does the use of the website or the freely accessible content constitute any kind of consulting service by WIFO.

WIFO therefore accepts no liability whatsoever for direct or indirect damages of any kind and for any legal reason that may arise from access to or direct or indirect (further) use of the content offered on the website. Furthermore, WIFO provides no guarantee that the content offered on the website will be made available permanently and in a consistent form. It is at the sole discretion of WIFO to permanently remove this content from the website in whole or in part at any time.

In addition to its own content, the WIFO website offers external links to content provided by other providers. The external content does not originate from WIFO, nor does WIFO have the possibility to influence the content of third-party sites. WIFO is not liable for third-party content to which it merely refers in the aforementioned sense. The responsibility lies solely with the provider of the content. Should WIFO become aware of the incorrectness, incompleteness or illegality of external content, it will work towards removing these external links.

In the event of a loss of use of the website due to technical or organisational malfunctions, no claims of any kind can be made against WIFO.

© Copyright Austrian Institute for Economic Research – WIFO

The product "WIFO website" and the data and publications contained therein are protected by copyright. All rights are reserved by the Austrian Institute of Economic Research. The reproduction and distribution of the data and publications as well as their commercial use are not permitted without the prior written consent of WIFO. Likewise, the data and publications (also for distribution free of charge) may not be made available on the Internet without the prior written consent of WIFO. In all other respects, the above statements on the "exclusion of liability" shall apply. In particular, such written consent by WIFO does not establish any contractual relationship or any liability whatsoever on the part of WIFO in the sense stated above. Permitted further use is in any case only permitted with correct reference to the source "Austrian Institute of Economic Research", "Österreichisches Institut für Wirtschaftsforschung" or "WIFO".