Focus on European Economic Integration

Focus on European Economic Integration

This publication series was discontinued in 2023. The OeNB Report “Economic Trends in CESEE” provides updates on economic developments in Central, Eastern and Southeastern Europe (CESEE). Studies on CESEE-related issues are published as part of the OeNB Bulletin from 2024.

Opinions expressed by the authors of studies do not necessarily reflect the official viewpoint of the Oesterreichische Nationalbank or of the Eurosystem.

2023

  • Focus on European Economic Integration Q3/23

    August 2023

    Content

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    • Are Phillips curves in CESEE still alive and well behaved?  PDF, 1.5 MB Huber, Schreiner.
    • Dedollarization efforts in Russia’s foreign trade against the backdrop of Russia’s war in Ukraine and intensifying Western sanctions (2013–2023)  PDF, 1.9 MB Barisitz, Evdokimova.
    • 91st East Jour Fixe. Housing markets in Austria and CESEE: homing in on prices, affordability and financial stability  PDF, 298 kB
    • Referees for Focus on European Economic Integration 2020−2023  PDF, 290 kB

  • Focus on European Economic Integration Q2/23

    June 2023

    Content

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    • Economic trends in CESEE  PDF, 1.2 MB
    • Economic trends in the Western Balkans  PDF, 1.1 MB
    • Green transition in CESEE: sectoral emissions and EU recovery plans  PDF, 960 kB Breitenfellner, Lahnsteiner, Reininger.

  • Focus on European Economic Integration Q1/23

    February 2023

    Content

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    • Saving behavior along the income distribution during the COVID-19 pandemic  PDF, 800 kB Ellmeier, Koch, Scheiber.
    • Russia’s banking sector and its EU-owned significant banks, against the backdrop of war and sanctions  PDF, 432 kB Barisitz, Deswel.
    • 27th Global Economy Lecture: Sergei Guriev on “The political economy of Putin’s war in Ukraine”  PDF, 99 kB
    • Conference on European Economic Integration 2022: Economic and monetary policy under wartime conditions – implications for CESEE  PDF, 185 kB
    • Referees for Focus on European Economic Integration 2020−2022  PDF, 102 kB

2022

  • Focus on European Economic Integration Q4/22

    December 2022

    Content

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    • Economic trends in CESEE  PDF, 1.1 MB
    • Outlook for selected CESEE countries and Russia  PDF, 216 kB
    • Special feature: Property rights and homeownership in the Western Balkans  PDF, 570 kB
    • Is it easy to hide money in the crypto economy? The case of Russia  PDF, 585 kB Ahari, Duong, Hanzl, Lichtenegger, Lobnik, Timel.
    • 90th East Jour Fixe  PDF, 68 kB

  • Focus on European Economic Integration Q3/22

    August 2022

    Content

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    • Call for applications: Klaus Liebscher Economic Research Scholarship  PDF, 76 kB
    • The role of public services quality in shaping migration intentions in Central, Eastern and Southeastern Europe  PDF, 1 MB Raggl.
    • The e-motion of car manufacturing in CESEE: the road ahead  PDF, 1.1 MB Slacík.
    • Russia’s large fintechs and digital ecosystems – in the face of war and sanctions  PDF, 696 kB Allinger, Barisitz, Timel.

  • Focus on European Economic Integration Q2/22

    May 2022

    Content

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    • Call for applications: Klaus Liebscher Economic Research Scholarship  PDF, 154 kB
    • Developments in selected CESEE countries  PDF, 1.6 MB
    • Outlook for selected CESEE countries and Russia  PDF, 399 kB
    • Mitigating the impact of the pandemic on personal finances in CESEE: descriptive evidence for 2020  PDF, 1.7 MB Koch, Scheiber.
    • 89th East Jour Fixe  PDF, 227 kB
    • Statistical annex  PDF, 285 kB

  • Focus on European Economic Integration Q1/22

    March 2022

    Content

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    • Call for applications: Klaus Liebscher Economic Research Scholarship  PDF, 52 kB
    • Euro adoption in CESEE: How do financial literacy and trust in institutions affect people’s attitudes?  PDF, 826 kB Backé, Beckmann.
    • Supplement to “Euro adoption in CESEE: How do financial literacy and trust in institutions affect people’s attitudes?”  PDF, 911 kB
    • Household savings in CESEE: expectations, experiences and common predictors  PDF, 741 kB Koch, Scheiber.
    • Supplement to “Household savings in CESEE: expectations, experiences and common predictors”  PDF, 288 kB
    • The Belarusian banking sector (2016–2021): from timid recovery to renewed crisis?  PDF, 479 kB Barisitz.
    • Conference on European Economic Integration 2021: Recalibrating tomorrow’s global value chains – prospects for CESEE  PDF, 194 kB
    • Referees for Focus on European Economic Integration 2019−2021  PDF, 70 kB

2021

  • Focus on European Economic Integration Q4/21

    November 2021

    Content

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    • Call for applications: Klaus Liebscher Economic Research Scholarship  PDF, 61 kB
    • Developments in selected CESEE countries  PDF, 1.4 MB
    • Outlook for selected CESEE countries and Russia  PDF, 281 kB
    • Green transition: what have CESEE EU member states achieved so far?  PDF, 741 kB Breitenfellner, Lahnsteiner, Reininger, Schriefl.
    • Which borrower in CESEE gets which loan? Evidence from the OeNB Euro Survey  PDF, 749 kB Bittner.
    • 88th East Jour Fixe  PDF, 141 kB
    • 26th Global Economy Lecture  PDF, 265 kB
    • Statistical annex  PDF, 188 kB

  • Focus on European Economic Integration Q3/21

    August 2021

    Content

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    • Call for applications: Klaus Liebscher Economic Research Scholarship  PDF, 62 kB
    • Use of loan moratoria by CESEE households: who are the users and how vulnerable are they?  PDF, 792 kB Allinger, Beckmann.
    • What do people in CESEE think about public debt?  PDF, 822 kB Eller, Jovanovic, Scheiber.
    • Supplement to “What do people in CESEE think about public debt?”  PDF, 321 kB Eller, Jovanovic, Scheiber.
    • European banks in Russia: developments and perspectives from 2017 through the COVID-19 pandemic (2020/2021)  PDF, 311 kB Barisitz, Deswel.
    • 87th East Jour Fixe: CESEE’s second transition – challenges on the road to low- carbon economies  PDF, 131 kB Breitenfellner, Lahnsteiner, Reininger.

  • Focus on European Economic Integration Q2/21

    June 2021

    Content

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    • Call for applications: Klaus Liebscher Economic Research Scholarship  PDF, 50 kB
    • Developments in selected CESEE countries  PDF, 1.2 MB
    • Outlook for selected CESEE countries and Russia  PDF, 302 kB
    • What do central banks talk about? A European perspective on central bank communication  PDF, 1.2 MB Feldkircher, Hofmarcher, Siklos.
    • Bank productivity in CESEE countries  PDF, 749 kB Huljak, Martin, Moccero.
    • Statistical annex  PDF, 128 kB

  • Focus on European Economic Integration Q1/21

    March 2021

    Content

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    • Call for applications: Klaus Liebscher Economic Research Scholarship  PDF, 63 kB
    • Prevalence and determinants of nonbank borrowing in CESEE: evidence from the OeNB Euro Survey  PDF, 1.2 MB Allinger, Beckmann.
    • Are CESEE borrowers at risk? COVID-19 implications in a stress test analysis  PDF, 892 kB Riedl.
    • CESEE’s macroprudential policy response in the wake of the COVID-19 crisis  PDF, 1.1 MB Eller, Martin, Vashold.
    • Conference on European Economic Integration 2020  PDF, 153 kB
    • 25th Global Economy Lecture: Pol Antràs on “Globalization and Pandemics”  PDF, 88 kB
    • Referees for Focus on European Economic Integration 2018−2020  PDF, 99 kB

2020

  • Focus on European Economic Integration Q4/20

    December 2020

    Content

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    • Call for applications: Klaus Liebscher Economic Research Scholarship  PDF, 73 kB
    • Developments in selected CESEE countries  PDF, 1.1 MB
    • Outlook for selected CESEE countries  PDF, 287 kB
    • What drives people’s expectations of euro adoption? – Evidence from the OeNB Euro Survey on selected CESEE countries  PDF, 750 kB Backé, Beckmann.
    • Macroprudential policy in the Western Balkans: the last five years and COVID-19 crisis response  PDF, 320 kB Barisitz, Hildebrandt.
    • 86th East Jour Fixe: All about COVID-19? Geopolitical, economic and macrofinancial perspectives for the Western Balkans  PDF, 126 kB
    • Statistical annex  PDF, 189 kB

  • Focus on European Economic Integration Q3/20

    August 2020

    Content

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    • Call for applications: Klaus Liebscher Economic Research Scholarship  PDF, 65 kB
    • A sleeping beauty or a dead duck? The state of capital market development in CESEE EU Member States  PDF, 1.3 MB Reininger, Walko.
    • How financially literate is CESEE? Insights from the OeNB Euro Survey  PDF, 4.8 MB Beckmann, Reiter.
    • Online supplement to "How financially literate is CESEE? Insights from the OeNB Euro Survey"  PDF, 413 kB Beckmann, Reiter.
    • Typology of multinationals in Austria: CESEE focus and foreign control as distinct features  PDF, 5.5 MB Cernohous, Slacík.
    • A CESEE conundrum: low trust in government but high hopes for government-led job creation  PDF, 690 kB Eller, Scheiber.
    • CESEE-related abstracts from other OeNB publications  PDF, 106 kB

  • Focus on European Economic Integration Q2/20

    June 2020

    Content

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    • Call for applications: Klaus Liebscher Economic Research Scholarship  PDF, 52 kB
    • Developments in selected CESEE countries  PDF, 2.1 MB
    • Outlook for selected CESEE countries  PDF, 359 kB
    • Macroprudential policies in CESEE – an intensity-adjusted approach  PDF, 528 kB Eller, Martin, Schuberth, Vashold.
    • Online supplement to “Macroprudential policies in CESEE – an intensity-adjusted approach”  PDF, 1.9 MB Eller, Martin, Schuberth, Vashold.
    • CESEE-related abstracts from other OeNB publications  PDF, 87 kB
    • Statistical annex  PDF, 117 kB

  • Focus on European Economic Integration Q1/20

    February 2020

    Content

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    • Call for applications: Klaus Liebscher Economic Research Scholarship  PDF, 76 kB
    • The refinancing of CESEE banking sectors: What has changed since the global financial crisis?  PDF, 708 kB Lahnsteiner.
    • China’s New Silk Road: a stocktaking update and economic review (2017–2019)  PDF, 1.6 MB Barisitz.
    • The sensitivity of banks’ net interest margins to interest rate conditions in CESEE  PDF, 820 kB Allinger, Wörz.
    • Conference on European Economic Integration (CEEI) 2019 – Looking back on 30 years of transition – and looking 30 years ahead  PDF, 172 kB
    • 17th ESCB Emerging Markets Workshop  PDF, 130 kB
    • Referees for Focus on European Economic Integration 2017−2019  PDF, 112 kB

2019

  • Focus on European Economic Integration Q4/19

    November 2019

    Content

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    • Call for applications: Klaus Liebscher Economic Research Scholarship  PDF, 55 kB
    • Developments in selected CESEE countries: International headwinds take a toll on economic activity  PDF, 1.3 MB
    • Outlook for selected CESEE countries: CESEE-6 show strong investment momentum in 2019 followed by softening growth dynamics – subdued growth continues in Russia  PDF, 257 kB
    • The impact of labor cost growth on inflation in selected CESEE countries  PDF, 1.8 MB De Luigi, Huber, Schreiner.
    • Homeownership and housing finance patterns one generation after the fall of communism  PDF, 3.8 MB Beckmann, Hainz, Pyle, Reiter.
    • The OeNB’s 85th East Jour Fixe Ukraine: political, economic and migration challenges (In cooperation with the National Bank of Ukraine)  PDF, 92 kB
    • 24th Global Economy Lecture Danny Quah on “Demand and supply in a new world order: the role of non-great powers”  PDF, 71 kB
    • Statistical annex  PDF, 118 kB

  • Focus on European Economic Integration Q3/19

    August 2019 30 years of transition

    Content

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    • Call for applications: Klaus Liebscher Economic Research Scholarship  PDF, 51 kB
    • Introductory remarks – 30 years of transition: united in diversity  PDF, 57 kB Nowotny.
    • A tribute to 30 years of transition in CESEE  PDF, 825 kB Backé, Korhonen, Ritzberger-Grünwald, Solanko.
    • 30 years of East-West integration in Europe: reflections on what we have learned and on challenges ahead  PDF, 176 kB Landesmann.
    • The price of unity: the transformation of Germany and Eastern Europe after 1989  PDF, 201 kB Ther.
    • The impact of housing markets on banks’ risk-taking behavior: evidence from CESEE  PDF, 489 kB Dushku, Hildebrandt, Suljoti.
    • The use of euro cash in CESEE and the role of euro adoption expectations  PDF, 516 kB Scheiber.
    • The OeNB’s 84th East Jour Fixe Long- run economic growth and development in CESEE: goals, priorities and implementation strategies  PDF, 85 kB

  • Focus on European Economic Integration Q2/19

    May 2019

    Content

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    • Call for applications: Klaus Liebscher Economic Research Scholarship  PDF, 59 kB
    • Developments in selected CESEE countries: Softening economic activity in late 2018 as international headwinds increase  PDF, 1.4 MB
    • Outlook for selected CESEE countries: CESEE-6 economic growth loses speed but remains robust, Russia returns to lower economic growth  PDF, 260 kB
    • Nonperforming loans in CESEE – a brief update on their definitions and recent developments  PDF, 766 kB Barisitz.
    • Household loans in CESEE from a new perspective: the role of income distribution  PDF, 594 kB Hake, Poyntner.
    • Statistical annex  PDF, 127 kB

  • Focus on European Economic Integration Q1/19

    March 2019

    Content

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    • Call for applications:Klaus Liebscher Economic Research Scholarship  PDF, 50 kB
    • Household debt in CESEE economies: a joint look at macro- and micro-level data  PDF, 1.1 MB Riedl.
    • How useful are time-varying parameter models for forecasting economic growth in CESEE?   PDF, 832 kB Feldkircher, Hauzenberger.
    • Migration intentions in CESEE: sociodemographic profiles of prospective emigrants and their motives for moving  PDF, 743 kB Raggl.
    • Online appendix to: Migration intentions in CESEE: sociodemographic profiles of prospective emigrants and their motives for moving  PDF, 226 kB
    • Conference on European Economic Integration 2018: How to finance cohesion in Europe?  PDF, 174 kB
    • “Connecting Europe and Asia” – conference summary  PDF, 115 kB
    • Referees for Focus on European Economic Integration 2016−2018  PDF, 97 kB

2018

  • Focus on European Economic Integration Q4/18

    November 2018

    Content

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    • Developments in selected CESEE countries  PDF, 2.7 MB
    • Outlook for selected CESEE countries  PDF, 1.9 MB
    • A simple approach to nowcasting GDP growth in CESEE economies  PDF, 2.6 MB Riedl, Wörz.
    • CESEE-related abstracts from other OeNB publications  PDF, 1.7 MB
    • 82nd East Jour Fixe: Debt in Central, Eastern and Southeastern Europe: vulnerabilities and opportunities  PDF, 1.7 MB
    • The OeNB’s 83rd East Jour Fixe: Catching the wind: current challenges and opportunities for European integration and convergence1  PDF, 1.7 MB
    • 23rd Global Economy Lecture: Caroline Freund on “Trade, inequality and populism”  PDF, 1.9 MB
    • Statistical annex  PDF, 1.8 MB

  • Focus on European Economic Integration Q3/18

    September 2018 Europe 2030: challenges and opportunities for European integration and convergence

    Content

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    • Restarting real economic convergence in CESEE  PDF, 1 MB Ritzberger-Grünwald, Schreiner.
    • Sustainable and equitable convergence and integration in Central, Eastern and Southeastern Europe  PDF, 609 kB Székely.
    • Digitalization and higher R&D readiness – way to foster income convergence in CESEE  PDF, 527 kB Arokszallasi, Kotian, Rzentarzewska.
    • Enlargement of the euro area toward CESEE: progress and perspectives  PDF, 285 kB Backé, Dvorsky.
    • External actors and European integration in the Western Balkans  PDF, 237 kB Freund, Petritsch.
    • Sanctions and countersanctions − effects on economy, trade and finance  PDF, 423 kB Korhonen, Simola, Solanko.
    • The EU’s Multiannual Financial Framework and some implications for CESEE countries  PDF, 353 kB Darvas, Wolff.
    • Structural investment needs in CESEE and the use of EU funds  PDF, 470 kB Bubbico, Kollar, Slacík.
    • What is the appropriate role of structural reforms in E(M)U deepening?  PDF, 303 kB Bayer, Breitenfellner.
    • How did EU Eastern enlargement affect migrant labor supply in Austria?  PDF, 523 kB Schmieder, Weber.
    • Demographic decline does not necessarily condemn CESEE EU countries to a low growth future  PDF, 589 kB Grieveson.
    • The ESRB and macroprudential policy in the EU  PDF, 555 kB Dierick, Mazzaferro.
    • Has private sector credit in CESEE approached levels justified by fundamentals? A post-crisis assessment  PDF, 599 kB Comunale, Eller, Lahnsteiner.

  • Focus on European Economic Integration Q2/18

    June 2018

    Content

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    • Call for applications: Visiting Research Program  PDF, 53 kB
    • Developments in selected CESEE countries: Strongest economic upswing since 2008 amid booming domestic demand  PDF, 1.1 MB
    • Outlook for selected CESEE countries: Boom in CESEE-6 has peaked, stable but moderate growth in Russia  PDF, 228 kB
    • Digging into the composition of government debt in CESEE: a risk evaluation  PDF, 1.6 MB Eller, Holler.
    • Explaining the impact of the global financial crisis on European transition countries: a GVAR approach  PDF, 544 kB Hoxha.
    • Statistical annex  PDF, 167 kB

  • Focus on European Economic Integration Q1/18

    March 2018

    Content

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    • Call for applications  PDF, 56 kB
    • A cost-risk analysis of sovereign debt composition in CESEE  PDF, 771 kB Beer.
    • A geographic perspective on banking in Central, Eastern and Southeastern Europe  PDF, 1.1 MB Beckmann, Reiter, Stix.
    • Online data supplement – A geographic perspective on Central, Eastern and Southeastern Europe  XLS, 154 kB
    • How are reduced interest rate differentials affecting euroization in Southeastern Europe? Evidence from the OeNB Euro Survey   PDF, 463 kB Scheiber, Wörz.
    • Conference on European Economic Integration 2017: A modern take on structural reforms – past and future challenges for CESEE and Europe at large  PDF, 154 kB
    • Olga Radzyner Award winners 2017  PDF, 71 kB

2017

  • Focus on European Economic Integration Q4/17

    December 2017

    Content

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    • Call for applications  PDF, 43 kB
    • Developments in selected CESEE countries  PDF, 402 kB
    • Outlook for selected CESEE countries  PDF, 157 kB
    • Migration intentions in CESEE – a descriptive analysis  PDF, 212 kB Raggl.
    • The New Silk Road, part II: implications for Europe  PDF, 340 kB Barisitz, Radzyner.
    • CESEE-related abstracts from other OeNB publications  PDF, 64 kB
    • The OeNB’s 81st East Jour Fixe: Nonperforming loans in CESEE – macroeconomic dimension and resolution strategies  PDF, 82 kB
    • 22nd Global Economy Lecture: David Dorn on “The rise of the machines – how computers have changed work”  PDF, 56 kB
    • Statistical annex  PDF, 72 kB

  • Focus on European Economic Integration Q3/17

    August 2017

    Content

    Full version (PDF, 2.2 MB) Download

    • Call for entries: Olga Radzyner Award 2017  PDF, 57 kB
    • Call for applications: Visiting Research Program  PDF, 56 kB
    • The New Silk Road, part I: a stocktaking and economic assessment  PDF, 776 kB Barisitz, Radzyner.
    • Competitiveness of CESEE EU Member States: recent trends and prospects  PDF, 522 kB Ritzberger-Grünwald, Schreiner, Wörz.
    • Fintechs and their emergence in banking services in CESEE  PDF, 708 kB Stern.
    • Comparing market power at home and abroad: evidence from Austrian banks and their subsidiaries in CESEE  PDF, 563 kB Feldkircher, Sigmund.
    • CESEE-related abstracts from other OeNB publications  PDF, 89 kB

  • Focus on European Economic Integration Q2/17

    June 2017

    Content

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    • Call for entries: Olga Radzyner Award 2017  PDF, 164 kB
    • Call for applications: Visiting Research Program  PDF, 167 kB
    • Developments in selected CESEE countries: Solid economic momentum on the back of vivid consumption dynamics  PDF, 1.3 MB
    • Outlook for selected CESEE countries: Investment-driven upswing in CESEE and comeback of growth in Russia  PDF, 465 kB
    • How financially vulnerable are CESEE households? An Austrian perspective on its neighbors  PDF, 924 kB Fessler, List, Messner.
    • The relevance of remittance inflows to CESEE countries: evidence from macro- and micro-level data  PDF, 1.1 MB Raggl.
    • HFCS-CESEE Workshop: How to use survey data for analyzing financial stability in CESEE countries  PDF, 194 kB
    • The OeNB’s 80th East Jour Fixe: Bulgaria and Romania – 10 years after EU accession  PDF, 196 kB
    • Statistical annex  PDF, 371 kB
    • Notes  PDF, 373 kB

  • Focus on European Economic Integration Q1/17

    March 2017.

    Content

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    • Call for entries: Olga Radzyner Award 2017  PDF, 51 kB
    • Call for applications: Visiting Research Program  PDF, 50 kB
    • How does foreign currency debt relief affect households’ loan demand? Evidence from the OeNB Euro Survey in CESEE  PDF, 334 kB Beckmann.
    • How do resource-driven economies cope with the oil price slump? A comparative survey of ten major oil-exporting countries  PDF, 313 kB Barisitz, Breitenfellner.
    • How would a fiscal shock in Germany affect other European countries? Evidence from a Bayesian GVAR model with sign restrictions  PDF, 390 kB Eller, Feldkircher, Huber.
    • CESEE-related abstracts from other OeNB publications  PDF, 71 kB
    • Completing Economic and Monetary Union Forum hosted by the OeNB in Vienna on November 24 and 25, 2016  PDF, 204 kB
    • 21st Global Economy Lecture: “How should Europe meet the duty of rescue towards the displaced and the poor?”  PDF, 64 kB
    • Olga Radzyner Award winners 2016  PDF, 58 kB
    • Notes  PDF, 111 kB

2016

  • Focus on European Economic Integration Q4/16

    December 2016.

    Content

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    • Call for applications  PDF, 52 kB
    • Developments in selected CESEE countries:  PDF, 803 kB
    • Outlook for selected CESEE countries:  PDF, 228 kB
    • On the optimal number of indicators – nowcasting GDP growth in CESEE  PDF, 585 kB Havrlant, Tóth, Wörz.
    • Currency substitution in CESEE: why do households prefer euro payments?  PDF, 586 kB Scheiber, Stern.
    • CESEE-related abstracts from other OeNB publications  PDF, 86 kB
    • The OeNB’s 79th East Jour Fixe: Capital Flows to CESEE – Impact on Macro-Financial Stability and Policy Responses  PDF, 94 kB
    • Statistical annex  PDF, 125 kB
    • Notes  PDF, 125 kB

  • Focus on European Economic Integration Q3/16

    September 2016

    Content

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    • Call for entries: Olga Radzyner Award 2016  PDF, 50 kB
    • Call for applications: Visiting Research Program  PDF, 50 kB
    • The development of bank profitability in Denmark, Sweden and Switzerland during a period of ultra-low and negative interest rates  PDF, 788 kB Scheiber, Silgoner, Stern.
    • Design of fiscal frameworks and compliance with fiscal rules in CESEE  PDF, 344 kB Reuter.
    • Belarus in recession, banking sector in difficulties – Russia to the rescue  PDF, 172 kB Barisitz.
    • Drivers of household credit demand before and during the crisis  PDF, 66 kB
    • Expert meeting on macroforecasting in CESEE  PDF, 55 kB
    • Notes  PDF, 106 kB

  • Focus on European Economic Integration Q2/16

    June 2016.

    Content

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    • Call for entries: Olga Radzyner Award 2016  PDF, 52 kB
    • Call for applications: Visiting Research Program  PDF, 55 kB
    • Developments in selected CESEE countries: Dynamic, domestic demand-driven growth in an adverse international environment  PDF, 841 kB
    • Outlook for selected CESEE countries: Solid growth in CESEE-6 but no bright spots in Russia  PDF, 212 kB
    • The influence of sovereign bond yields on bank lending rates: the pass-through in Europe  PDF, 737 kB Eller, Reininger.
    • Understanding the drivers of capital flows into the CESEE countries  PDF, 1002 kB Eller, Huber, Schuberth.
    • CESEE-related abstracts from other OeNB publications  PDF, 83 kB
    • EBRD Transition Report 2015-16: Rebalancing Finance  PDF, 90 kB
    • 78th East Jour Fixe: Ukraine – Progress of reforms and challenges ahead  PDF, 89 kB
    • Statistical annex  PDF, 123 kB
    • Notes  PDF, 130 kB

  • Focus on European Economic Integration Q1/16

    February 2016.

    Content

    Full version (PDF, 2.2 MB) Download

    • Call for entries: Olga Radzyner Award 2016  PDF, 53 kB
    • Call for applications: Visiting Research Program  PDF, 55 kB
    • Modeling the evolution of monetary policy rules in CESEE  PDF, 823 kB Feldkircher, Huber, Moder.
    • A monetary policy rule for Russia, or is it rules?  PDF, 953 kB Korhonen, Nuutilainen.
    • Weathering global shocks and macrofinancial vulnerabilities in emerging Europe: Comparing Turkey and Poland  PDF, 651 kB Eller, Huber, Schuberth.
    • CESEE-related abstracts from other OeNB publications  PDF, 84 kB
    • 10th Conference of the South-East European Monetary History Network (SEEMHN)  PDF, 106 kB
    • 13th ESCB Emerging Markets Workshop  PDF, 133 kB
    • IMF presents its fall report on CESEE Regional Economic Issues (REI): “Reconciling Fiscal Consolidation and Growth”  PDF, 105 kB
    • Kaushik Basu on “Globalization and the art of designing policy” – Summary of the 20th Global Economy Lecture  PDF, 70 kB
    • Notes  PDF, 174 kB

2015

  • Focus on European Economic Integration Q4/15

    December 2015.

    Content

    Full version (PDF, 1.7 MB) Download

    • Call for Applications: Visiting Research Program  PDF, 50 kB
    • Developments in Selected CESEE Countries: Robust economic expansion in almost all CESEE EU Member States, fragile growth in Turkey and recession in Russia  PDF, 634 kB
    • Outlook for Selected CESEE Countries: GDP growth steady at 3% in CESEE6, recession to ease in Russia  PDF, 175 kB
    • The mixed success of EU-IMF adjustment programs in Europe – why Greece was different  PDF, 450 kB Knollmayer, Riedl, Silgoner.
    • Is there an added worker effect? – European labor supply during the crisis  PDF, 536 kB Riedl, Schoiswohl.
    • Conference on European Economic Integration 2015: Boosting EU Competitiveness – The Role of the CESEE Countries  PDF, 145 kB
    • Toward a Genuine Economic and Monetary Union  PDF, 171 kB
    • Macrofinancial linkages and current account imbalances: a synopsis  PDF, 161 kB
    • Olga Radzyner Award Winners 2015  PDF, 72 kB
    • Statistical Annex  PDF, 152 kB
    • Notes  PDF, 124 kB

  • Focus on European Economic Integration Q3/15

    September 2015.

    Content

    Full version (PDF, 1.7 MB) Download

    • Call for entries: Olga Radzyner Award 2015  PDF, 52 kB
    • Call for applications: Visiting Research Program  PDF, 51 kB
    • Business cycle synchronization between the Western Balkans and the European Union  PDF, 834 kB Hildebrandt, Moder.
    • Current risks in the CESEE residential property market: evidence from the OeNB Euro Survey  PDF, 653 kB Beckmann, Hildebrandt, Jäger-Gyovai.
    • Internal capital markets and crisis transmission: evidence from foreign bank subsidiaries in CESEE  PDF, 491 kB Vujic.
    • CESEE-related abstracts from other OeNB publications  PDF, 84 kB
    • 77th East Jour Fixe: Russia – economic turmoil and policy options  PDF, 89 kB
    • Recent research stays at the OeNB’s Foreign Research Division  PDF, 60 kB
    • Notes  PDF, 122 kB

  • Focus on European Economic Integration Q2/15

    June 2015.

    Content

    Full version (PDF, 2.1 MB) Download

    • Call for entries: Olga Radzyner Award 2015  PDF, 51 kB
    • Call for applications: Visiting Research Program  PDF, 50 kB
    • Developments in selected CESEE countries: Gradual recovery in CESEE EU Member States continues, moderate growth in Turkey, stagnation in Russia  PDF, 814 kB
    • Outlook for selected CESEE countries: Steady growth in CESEE-6, deep recession in Russia  PDF, 219 kB
    • Bridging the information gap: small-scale nowcasting models of GDP growth for selected CESEE countries  PDF, 466 kB Feldkircher, Huber, Schreiner, Tirpák, Tóth, Wörz.
    • What can we learn from Eurosystem Household Finance and Consumption Survey data? – An application to household debt in Slovakia  PDF, 863 kB Fessler, Jäger-Gyovai.
    • CESEE-Related Abstracts from Other OeNB Publications  PDF, 86 kB
    • Conference: “The Western Balkans: 15 Years of Economic Transition”  PDF, 107 kB
    • Statistical annex  PDF, 131 kB
    • Notes  PDF, 127 kB

  • Focus on European Economic Integration Q1/15

    March 2015.

    Content

    Full version (PDF, 1.3 MB) Download

    • Call for Entries: Olga Radzyner Award 2015 for Scientific Work on European Economic Integration  PDF, 57 kB
    • Call for Applications: Visiting Research Program  PDF, 56 kB
    • Sectoral Deleveraging in Europe and Its Economic Implications  PDF, 530 kB Gächter, Geiger, Glötzl, Schuberth.
    • A Local or a Foreign Currency Loan? Evidence on the Role of Loan Characteristics, Preferences of Households and the Effect of Foreign Banks  PDF, 424 kB Beckmann, Roitner, Stix.
    • Price and Wage Rigidities in the Republic of Macedonia: Survey Evidence from Micro- Level Data  PDF, 485 kB Huber, Petrovska.
    • CESEE-Related Abstracts from Other OeNB Publications  PDF, 89 kB
    • Conference on European Economic Integration 2014: The Rebalancing Challenge in Europe – Perspectives for CESEE  PDF, 132 kB
    • Olga Radzyner Award Winners 2014  PDF, 72 kB
    • Hélène Rey on Monetary Policy and International Capital Flows Summary of the 19th Global Economy Lecture  PDF, 71 kB
    • Notes  PDF, 154 kB

2014

  • Focus on European Economic Integration Q4/14

    December 2014.

    Content

    Full version (PDF, 1 MB) Download

    • Call for Applications: Visiting Research Program  PDF, 40 kB
    • Developments in Selected CESEE Countries: Economic Recovery Loses Steam in Adverse International Environment  PDF, 560 kB
    • Outlook for Selected CESEE Countries: Moderate but Steady Growth amid a Notable Increase of External Risks  PDF, 155 kB
    • FDI in Russia from CESEE and Central Asia: A Micro-Level Perspective  PDF, 310 kB Karhunen, Kosonen, Ledyaeva, Wörz.
    • 76th East Jour Fixe: Using Survey Data for Economic Policy Research – A Focus on CESEE  PDF, 66 kB
    • IMF Regional Economic Issues Update October 2014 Geopolitical Tensions Taking a Toll  PDF, 65 kB
    • Statistical Annex  PDF, 117 kB
    • Notes  PDF, 97 kB

  • Focus on European Economic Integration Q3/14

    September 2014.

    Content

    Full version (PDF, 2 MB) Download

    • Call for Entries: Olga Radzyner Award 2014 for Scientific Work on European Economic Integration  PDF, 937 kB
    • Call for Applications: Visiting Research Program  PDF, 337 kB
    • Using a Threshold Approach to Flag Vulnerabilities in CESEE Economies  PDF, 886 kB Feldkircher, Gruber, Moder.
    • Assessing the Full Extent of Trade Integration between the EU and Russia – A Global Value Chain Perspective  PDF, 783 kB Benkovskis, Pastušenko, Wörz.
    • Macrofinancial Developments and Systemic Change in CIS Central Asia from 2009 to 2014  PDF, 731 kB Barisitz.
    • To What Extent Can Czech Exporters Cushion Exchange Rate Shocks through Imported Inputs?  PDF, 2.4 MB Tóth.
    • CESEE-Related Abstracts from Other OeNB Publications  PDF, 380 kB
    • Notes  PDF, 282 kB

  • Focus on European Economic Integration Q2/14

    June 2014.

    Content

    Full version (PDF, 1.4 MB) Download

    • Call for Entries: Olga Radzyner Award 2014 for Scientific Work on European Economic Integration  PDF, 926 kB
    • Call for Applications: Visiting Research Program  PDF, 641 kB
    • Developments in Selected CESEE Countries: Economic Recovery Increasingly Driven by Domestic Demand  PDF, 1.3 MB
    • Outlook for Selected CESEE Countries: Moderate but Firming Growth  PDF, 987 kB
    • Finance, Potential Output and the Business Cycle: Empirical Evidence from Selected Advanced and CESEE Economies  PDF, 1.3 MB Bernhofer, Fernández-Amador, Gächter, Sindermann.
    • How Did CESEE Households Weather the Crisis? Evidence from the OeNB Euro Survey  PDF, 1.5 MB Corti, Scheiber.
    • CESEE-Related Abstracts from Other OeNB Publications  PDF, 698 kB
    • 75th Anniversary East Jour Fixe on “Ten Years After the 2004 EU Enlargement: Achievements and Next Steps”  PDF, 1.2 MB
    • IMF Spring 2014 “Regional Economic Issues” Report for CESEE Recommends: Safeguarding the Recovery as the Global Liquidity Tide Recedes  PDF, 1.2 MB
    • Statistical Annex  PDF, 570 kB
    • Notes  PDF, 271 kB

  • Focus on European Economic Integration Q1/14

    March 2014.

    Content

    Full version (PDF, 1.9 MB) Download

    • Call for Entries: Olga Radzyner Award 2014 for Scientific Work on European Economic Integration  PDF, 1.2 MB
    • Call for Applications: Visiting Research Program  PDF, 330 kB
    • Do the Drivers of Loan Dollarization Differ between CESEE and Latin America? A Meta-Analysis  PDF, 1.3 MB Hake, Lopez-Vicente, Molina.
    • Can Trade Partners Help Better FORCEE the Future? Impact of Trade Linkages on Economic Growth Forecasts in Selected CESEE Countries  PDF, 2.2 MB Slacík, Steiner, Wörz.
    • The Cyclical Character of Fiscal Policy in Transition Countries  PDF, 877 kB Kabashi.
    • CESEE-Related Abstracts from Other OeNB Publications  PDF, 989 kB
    • Conference on European Economic Integration 2013 – Financial Cycles and the Real Economy: Lessons for CESEE  PDF, 1.2 MB
    • Olga Radzyner Award Winners 2013  PDF, 1.5 MB
    • EBRD Transition Report 2013: Stuck in Transition?  PDF, 1.6 MB
    • Notes  PDF, 172 kB
    • Referees for Focus on European Economic Integration 2011−2013  PDF, 952 kB