Vienna University of Economics and Business
Elektronische Publikationen der Wirtschaftsuniversität WienNot a member yet
4204 research outputs found
Sort by
Common Good HRM: A paradigm shift in Sustainable HRM?
Get PDFAs organizations increasingly claim to have become more sustainable and to have contributed to global sustainable development, demands for Human Resource Management (HRM) to become sustainable intensify. In the past decade, the concept of Sustainable HRM received increasing attention in both practice and research. However, academics' views about what Sustainable HRM means are diverse, and the effectiveness of Sustainable HRM practices is uncertain. We reviewed key articles in the literature on Sustainable HRM and as a result highlight how the purpose of HRM has been transformed in the search for sustainability. We present four Sustainable HRM types and describe how HRM can effectively contribute to solving todays “grand” sustainability challenges by applying ideas from a common good economy perspective. We propose that a new type of Sustainable HRM – Common Good HRM – could be essential in driving progress toward addressing sustainable development goals (SDGs) in Sustainable HRM
Multidimensional Wealth Inequality: A Hybrid Approach toward Distributional National Accounts in Europe
Get PDFDistributional National Accounts (DINA) link macroeconomic aggregates with distributional information enabling a better understanding of distributional implications of macroeconomic developments and facilitate cross-country comparisons of inequality. This article proposes a practically feasible framework to allocate components of wealth to different sections of society and serves two functions: a comprehensive measure of net worth and its distribution, and a link to macroeconomic statistics. The article compiles DINA by breaking down twelve components of marketable wealth by wealth and income groups, as well as three major functions of wealth for Austria, Finland, France, Germany and Spain. The three functions of wealth considered are (i) precautionary saving, (ii) own use of housing assets and (iii) income generation via the ownership of businesses or landlordship. The resulting multidimensional wealth distributions reveal large heterogeneity in inequality and help understand (institutional) differences across countries and time. Results are top-tail adjusted using Pareto and Generalized Pareto models, and combining survey data (HFCS) with rich lists, or top wealth shares derived from tax data and leaked information on wealth held in offshore tax havens.Series: INEQ Working Paper Serie
European Identity Politics
Get PDFSocial and political sciences use the term ‘identity’ in describing a wide range of phenomena, whether these be personal explanations of self-understanding, descriptions of common interests or the shared experiences of a larger group. It has been used in the recent analyses of countries or larger communities, but also in the historical studies of very different societies in developing or industrialized countries. To make the concept more operational and open to empirical research, we dichotomize it into an inclusive versus an exclusive type. This enables us to carve out the different policy conclusions associated with each type. We then apply the concepts for analysing the emergence of European identity over the past decades, as well as its limits and recent headwinds. We present survey data on national and supranational identity and country differences concerning trust in national and European institutions. As a counter-strategy to populism and the exclusive type of identity, political observers, from scientists to members of the media, are split into suggesting either a "cordon sanitaire" to discourage voting for such ideas versus an embracement strategy by including their representatives into government, thereby controlling them or revealing their incompetence. This paper, in contrast, ventures a proactive strategy of four steps to localize the root causes of the success of populism, offering an inclusive vision for the long run, policy instruments for economic improvements and a new narrative
Resolving the 'jobs-environment-dilemma'? The case for critiques of work in sustainability research
Get PDFModern-day work is a central reason for unsustainability, and its transformation is therefore key for sustainability. A recurring manifestation of this issue is the ‘jobs-environment-dilemma’, a trade-off arising due to severe ecological impacts caused by work on the one hand, and the structural constitution of modern industrial society as work-centred and work-dependent on the other. We draw on interdisciplinary literature from environmental sociology and related fields to analyse both aspects: distinct factors of ecological problems associated with modern work, and various dimensions of structural dependence on work in modern society. We find that this conflict, and the fundamental role that work plays for unsustainability, are not sufficiently addressed and remain unresolved issues in sustainability research. To change this, we propose the conceptual approach of ‘postwork’ or critiques of work to open up a new perspective on the work-environment problem. We introduce postwork theory and discuss different ways in which ecological postwork perspectives and arguments can contri-bute to understanding and resolving entrenched sustainability issues. Finally, we briefly illustrate existing postwork politics and practices. While clearly contested, there is renewed momentum for social change towards a sustainable society which would benefit from addres-sing work and critiques of work
Optimal allocation of defibrillator drones in mountainous regions
Get PDFResponding to emergencies in Alpine terrain is quite challenging as air ambulances and mountain rescue services are often confronted with logistics challenges and adverse weather conditions that extend the response times required to provide life-saving support. Among other medical emergencies, sudden cardiac arrest (SCA) is the most time-sensitive event that requires the quick provision of medical treatment including cardiopulmonary resuscitation and electric shocks by automated external defibrillators (AED). An emerging technology called unmanned aerial vehicles (or drones) is regarded to support mountain rescuers in overcoming the time criticality of these emergencies by reducing the time span between SCA and early defibrillation. A drone that is equipped with a portable AED can fly from a base station to the patient’s site where a bystander receives it and starts treatment. This paper considers such a response system and proposes an integer linear program to determine the optimal allocation of drone base stations in a given geographical region. In detail, the developed model follows the objectives to minimize the number of used drones and to minimize the average travel times of defibrillator drones responding to SCA patients. In an example of application, under consideration of historical helicopter response times, the authors test the developed model and demonstrate the capability of drones to speed up the delivery of AEDs to SCA patients. Results indicate that time spans between SCA and early defibrillation can be reduced by the optimal allocation of drone base stations in a given geographical region, thus increasing the survival rate of SCA patients
Bilateral Tax Competition and Regional Spillovers in Tax Treaty Formation
Get PDFTax treaties are often seen as a means to mitigate fierce tax competition. Building on former literature, we challenge this view by arguing that taxes on passive income reduce effective average tax rates; and induce neighbouring countries to react by reducing bilateral tax rates. As opposed to traditional tax competition, where every foreign investor would benefit from lower tax rates, we show that countries also engage in cutting tax rates for investors from a particular country, leaving taxes for everyone else unaffected. We call this bilateral tax competition, and we test these predictions empirically. We focus on the four treaty withholding tax rates on passive income - portfolio dividends, participation dividends, interest, and royalties - and collect these rates for 3,000 tax treaties and amending protocols signed between 1930 and 2012. We find a positive relationship in the negotiated withholding tax rates of a destination country's tax treaty and destination country's competitors' past tax treaties with the same source country. This relationship is strongest for the tax rates on interest and royalties.Series: WU International Taxation Research Paper Serie
Model instability in predictive exchange rate regressions
Get PDFIn this paper we aim to improve existing empirical exchange rate models by accounting for uncertainty with respect to the underlying structural representation. Within a flexible Bayesian framework, our modeling approach assumes that different regimes are characterized by commonly used structural exchange rate models, with transitions across regimes being driven by a Markov process. We assume a time‐varying transition probability matrix with transition probabilities depending on a measure of the monetary policy stance of the central bank at home and in the USA. We apply this model to a set of eight exchange rates against the US dollar. In a forecasting exercise, we show that model evidence varies over time, and a model approach that takes this empirical evidence seriously yields more accurate density forecasts for most currency pairs considered
The Relation between Tax Complexity and Foreign Direct Investments: Evidence Across Countries
Get PDFThis paper analyzes the association between tax complexity and foreign direct investments (FDI) based on the newly developed Tax Complexity Index (TCI) and its components. For a sample of 15,607 new foreign subsidiaries, we find no association between total tax complexity, as proxied by the TCI, and the location probability. When we decompose the TCI into tax code complexity and tax framework complexity, we find opposing associations. Tax code complexity is positively related to the location probability, while tax framework complexity is negatively related to it. These associations are, for example, driven by the complexity of transfer pricing and loss offset regulations in the tax code and the dimensions guidance, audits, as well as filing and payments, in the tax framework. In additional analyses, we find that the associations are sensitive to certain characteristics, such as country-specific and firm-specific characteristics. For example, the positive tax code association diminishes when tax rates are high. Overall, we are the first to provide empirical evidence on potential cost-benefit tradeoffs of tax complexity for FDI and thereby enhance prior literature, which has primarily focused on the costs of tax complexity.Series: WU International Taxation Research Paper Serie
Regional implementation of a novel policy approach: The role of minerals safeguarding in land-use planning policy in Austria
Get PDFThe sustainable supply of raw materials to an expanding global population and rising consumption requires novel governance approaches. Such approaches have recently come to include the topic of ‘minerals safeguarding’. In Austria, the objective of minerals safeguarding has translated into an internationally recognised policy instrument, the Austrian Raw Materials Plan. Our paper investigates how the novel policy approach of safeguarding is translated into provincial and regional land use planning policy in Austria. Following a comparative approach of nine Austrian provinces via document analysis and interviews with policy makers, the analysis indicates diverse forms of implementation: We identify different degrees of uptake and implementation in land use planning policy across goals, instruments and mechanisms. Given the limited amount of research about safeguarding, this paper contributes to a broader understanding of safeguarding practices in public policy (goals, process and instruments), offers insights of’ strong, mixed, and soft’ safeguarding approaches, and provides input for a conceptual model of safeguarding. Our study highlights the importance of political agenda setting for the deployment of land use planning instruments, the need for coordination and communication (between and amongst different levels of government) in the policy process, and a need to assess effectiveness of safeguarding policies
Would You Sacrifice Your Privacy to Protect Public Health? Prosocial Responsibility in a Pandemic Paves the Way for Digital Surveillance (Brief Research Report)
Get PDFDigital surveillance methods, such as location tracking apps on smartphones, have been
implemented in many countries during the COVID-19 pandemic, but not much is known
about predictors of their acceptance. Could it be that prosocial responsibility, to which
authorities appealed in order to enhance compliance with quarantine measures, also
increases acceptance of digital surveillance and restrictions of privacy? In their fight
against the COVID-19 pandemic, governments around the world communicated that
self-isolation and social distancing measures are every citizen’s duty in order to protect
the health not only of oneself but also of vulnerable others. We suggest that prosocial
responsibility besides motivating people to comply with anti-pandemic measures also
undermines people’s valuation of privacy. In an online research conducted with US
participants, we examined correlates of people’s willingness to sacrifice individual
rights and succumb to surveillance with a particular focus on prosocial responsibility.
First, replicating prior research, we found that perceived prosocial responsibility was
a powerful predictor of compliance with self-isolation and social distancing measures.
Second, going beyond prior research, we found that perceived prosocial responsibility
also predicted willingness to accept restrictions of individual rights and privacy, as well
as to accept digital surveillance for the sake of public health. While we identify a range
of additional predictors, the effects of prosocial responsibility hold after controlling for
alternative processes, such as perceived self-risk, impact of the pandemic on oneself,
or personal value of freedom. These findings suggest that prosocial responsibility may
act as a Trojan horse for privacy compromises