{"id":105658,"date":"2024-01-22T14:27:05","date_gmt":"2024-01-22T13:27:05","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/105658\/"},"modified":"2024-11-07T03:06:05","modified_gmt":"2024-11-07T02:06:05","slug":"die-euro-umstellung-am-wifo-2","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/105658\/","title":{"rendered":"Change-over to the Euro at WIFO"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-105658","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"For WIFO, unlike private households, businesses and public corporations, the change-over to the euro requires more than a simple transformation of prices by the conversion factor and double cash management in both Austrian schillings and euros during the transition period. The essential issue for WIFO is to preserve the economic relevance of the data published. All economic data previously denominated in ATS will be converted into euros on the basis of the official conversion factor of 13.7603 by 15 January 2002, at the latest. The resulting artificial currency unit applicable to data from before 1 January 1999 will be called euro-ATS. The other Member States of the euro zone will be using the same \"euro-national currency\" designation for their artificial currency units (e.g., euro-DEM, euro-ITL). All data from after 1 January 1999 expressed in monetary units are already euro-based. This procedure is being applied in accordance with the most important providers of economic data in Austria: the Austrian National Bank and Statistics Austria. The change-over concerns all WIFO media: the quarterly economic forecast, which will be expressed in euros already as of December, the WIFO economic data published on the website, data in current publications (above all the WIFO monthly reports and the Austrian Economic Quarterly), the WIFO studies, and the economic database of Austrian and international economic data administered by WIFO. All data expressed in monetary units and administered by WIFO (data classes: (K)GEN, FTA3, KON, NMAU, REZB, etc.) will be changed over to the euro. As regards data class (K)GEN, users will still be able to obtain ATS-denominated data in the newly generated (K)GENS section, but such data will no longer be maintained in the future, i.e., data revisions will only be considered in the euro time series. Transformation on the basis of the constant conversion factor offers many advantages for domestic data users. Firstly, data already published in euros are not affected by the change-over. Secondly, all rates of change of both nominal and real data are identical with the rates of change of ATS time series. Thirdly, the deflators remain unchanged, and fourthly, there is no limit to back-calculations in euro-ATS. For international comparisons, however, data expressed in euro-ATS are subject to certain limitations, which might lead to distorted conclusions. Values expressed in euro-ATS should not, for example, be added to values in euro-ITL, as the constant conversion factor disregards the exchange-rate fluctuations between Italy and Austria. For nominal data, for example, the calculation of market shares in foreign trade should be made on the basis current exchange rates. International comparisons of purchasing power should be performed, if possible, in purchasing power parities. Finally, real data in an international comparison should be calculated on the basis of the exchange rate of the base year of the price deflator.","onlinedate":"2001-12-20 12:00:00","lang":"German","publication_series":"","publication_date":"20011201","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[\"Die Euro-Umstellung am WIFO; Change-over to the Euro at WIFO\"]","jelcodes":"[]","related_publications":"[]","pdf":313119,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"74","monthly_report_pages":"761-766","monthly_report_pages_sort":"761","issue":"12","journal":"WIFO-Monatsberichte","publisher":"","invisible":false,"external":false,"embargo_date":"2001-12-20 12:00:00","types":[44312],"research_groups":[3500],"collaboration":"","persons":[3899],"persons_data":"[{\"personId\":3899,\"personName\":\"Thomas Url\",\"organisationNames\":[]}]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","citations":"{\"apa\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_apa rendering_contributiontoperiodical rendering_apa rendering_contributiontoperiodical_apa\\\"><span>Url, T.<\\\/span> (2001). <span>Die Euro-Umstellung am WIFO<\\\/span>. <span><em>WIFO-Monatsberichte<\\\/em><\\\/span>, <em>74<\\\/em>(12), 761-766. <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/20966\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/20966<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>Url T<\\\/span>. <span class=\\\"title\\\"><span>Die Euro-Umstellung am WIFO<\\\/span><\\\/span>. <span>WIFO-Monatsberichte<\\\/span>. 2001 Dec;74(12):761-766.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{6fbeef6d9d4a47989de1fa381722b45a,<\\\/div><div>  title    = \\\"Die Euro-Umstellung am WIFO\\\",<\\\/div><div>  abstract = \\\"Die Einf{\\\\\\\"u}hrung des Euro betrifft am WIFO vorwiegend die Darstellung volkswirtschaftlicher Daten in den Print- und elektronischen Publikationen, der viertelj{\\\\\\\"a}hrlichen Wirtschaftsprognose, den WIFO-Wirtschaftsdaten auf der WIFO-Website und der Volkswirtschaftlichen Datenbank. Die Umrechnung aller volkswirtschaftlichen in Geldeinheiten gemessenen Daten erfolgt einheitlich mit dem fixierten Umrechnungsfaktor von 13,7603 S je Euro und soll bis sp{\\\\\\\"a}testens 15. J{\\\\\\\"a}nner 2002 umgesetzt sein. Vor 1999 entspricht dieser Kurs nicht dem Au{\\\\ss}enwert des Schillings; diese k{\\\\\\\"u}nstliche W{\\\\\\\"a}hrungseinheit wird als {\\\"}Euro-ATS{\\\"} bezeichnet. Diese Umrechnungsregel gew{\\\\\\\"a}hrleistet, dass alle Ver{\\\\\\\"a}nderungsraten und Deflatoren gegen{\\\\\\\"u}ber den in Schilling ausgewiesenen Werten unver{\\\\\\\"a}ndert bleiben. Die Niveaus aller Variablen werden durch die Euro-Transformation nur verschoben. F{\\\\\\\"u}r den Binnenvergleich, d. h. f{\\\\\\\"u}r Vergleiche innerhalb {\\\\\\\"O}sterreichs, ergibt sich dadurch kein Anpassungsbedarf. Die Transformation mit dem Umrechnungsfaktor ist allerdings f{\\\\\\\"u}r einige wirtschaftlich interessante Fragestellungen nicht konsistent.\\\",<\\\/div><div>  keywords = \\\"Die Euro-Umstellung am WIFO; Change-over to the Euro at WIFO, Die Euro-Umstellung am WIFO; Change-over to the Euro at WIFO\\\",<\\\/div><div>  author   = \\\"Thomas Url\\\",<\\\/div><div>  note     = \\\"Euro-Umstellung am WIFO\\\",<\\\/div><div>  year     = \\\"2001\\\",<\\\/div><div>  month    = dec,<\\\/div><div>  language = \\\"Deutsch\\\",<\\\/div><div>  volume   = \\\"74\\\",<\\\/div><div>  pages    = \\\"761--766\\\",<\\\/div><div>  journal  = \\\"WIFO-Monatsberichte\\\",<\\\/div><p>}<\\\/p><\\\/div>\",\"ris\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_ris rendering_contributiontoperiodical rendering_ris rendering_contributiontoperiodical_ris\\\"><p>TY  - GEN<\\\/p><p>T1  - Die Euro-Umstellung am WIFO<\\\/p><p>AU  - Url, Thomas<\\\/p><p>N1  - Euro-Umstellung am WIFO<\\\/p><p>PY  - 2001\\\/12<\\\/p><p>Y1  - 2001\\\/12<\\\/p><p>N2  - Die Einf\u00fchrung des Euro betrifft am WIFO vorwiegend die Darstellung volkswirtschaftlicher Daten in den Print- und elektronischen Publikationen, der viertelj\u00e4hrlichen Wirtschaftsprognose, den WIFO-Wirtschaftsdaten auf der WIFO-Website und der Volkswirtschaftlichen Datenbank. Die Umrechnung aller volkswirtschaftlichen in Geldeinheiten gemessenen Daten erfolgt einheitlich mit dem fixierten Umrechnungsfaktor von 13,7603 S je Euro und soll bis sp\u00e4testens 15. J\u00e4nner 2002 umgesetzt sein. Vor 1999 entspricht dieser Kurs nicht dem Au\u00dfenwert des Schillings; diese k\u00fcnstliche W\u00e4hrungseinheit wird als \\\"Euro-ATS\\\" bezeichnet. Diese Umrechnungsregel gew\u00e4hrleistet, dass alle Ver\u00e4nderungsraten und Deflatoren gegen\u00fcber den in Schilling ausgewiesenen Werten unver\u00e4ndert bleiben. Die Niveaus aller Variablen werden durch die Euro-Transformation nur verschoben. F\u00fcr den Binnenvergleich, d. h. f\u00fcr Vergleiche innerhalb \u00d6sterreichs, ergibt sich dadurch kein Anpassungsbedarf. Die Transformation mit dem Umrechnungsfaktor ist allerdings f\u00fcr einige wirtschaftlich interessante Fragestellungen nicht konsistent.<\\\/p><p>AB  - Die Einf\u00fchrung des Euro betrifft am WIFO vorwiegend die Darstellung volkswirtschaftlicher Daten in den Print- und elektronischen Publikationen, der viertelj\u00e4hrlichen Wirtschaftsprognose, den WIFO-Wirtschaftsdaten auf der WIFO-Website und der Volkswirtschaftlichen Datenbank. Die Umrechnung aller volkswirtschaftlichen in Geldeinheiten gemessenen Daten erfolgt einheitlich mit dem fixierten Umrechnungsfaktor von 13,7603 S je Euro und soll bis sp\u00e4testens 15. J\u00e4nner 2002 umgesetzt sein. Vor 1999 entspricht dieser Kurs nicht dem Au\u00dfenwert des Schillings; diese k\u00fcnstliche W\u00e4hrungseinheit wird als \\\"Euro-ATS\\\" bezeichnet. Diese Umrechnungsregel gew\u00e4hrleistet, dass alle Ver\u00e4nderungsraten und Deflatoren gegen\u00fcber den in Schilling ausgewiesenen Werten unver\u00e4ndert bleiben. Die Niveaus aller Variablen werden durch die Euro-Transformation nur verschoben. F\u00fcr den Binnenvergleich, d. h. f\u00fcr Vergleiche innerhalb \u00d6sterreichs, ergibt sich dadurch kein Anpassungsbedarf. Die Transformation mit dem Umrechnungsfaktor ist allerdings f\u00fcr einige wirtschaftlich interessante Fragestellungen nicht konsistent.<\\\/p><p>KW  - Die Euro-Umstellung am WIFO; Change-over to the Euro at WIFO<\\\/p><p>KW  - Die Euro-Umstellung am WIFO; Change-over to the Euro at WIFO<\\\/p><p>M3  - WIFO-Schriftenreihen<\\\/p><p>VL  - 74<\\\/p><p>SP  - 761<\\\/p><p>EP  - 766<\\\/p><p>JO  - WIFO-Monatsberichte<\\\/p><p>JF  - WIFO-Monatsberichte<\\\/p><p>ER  - <\\\/p><\\\/div>\"}","scientific_assistance":"[]","scientific_review":"[]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.3 (Yoast SEO v28.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Change-over to the Euro at WIFO - WIFO<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.wifo.ac.at\/en\/publication\/105658\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Change-over to the Euro at WIFO\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wifo.ac.at\/en\/publication\/105658\/\" \/>\n<meta property=\"og:site_name\" content=\"WIFO\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/WIFOat\/\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-07T02:06:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.wifo.ac.at\/wp-content\/uploads\/2024\/05\/WIFO-Gebaeude-FotoAlexanderMueller-www.alexandermueller.at-IMG_6326-Bearbeitet-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1280\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@WIFOat\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/105658\\\/\",\"url\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/105658\\\/\",\"name\":\"Change-over to the Euro at WIFO - 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