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Rafael Wildauer

Rafael Wildauer BA, MSc, PhD

Associate Professor in Economics

Prior to joining the department of International Business and Economics at the Çï¿ûÊÓƵ Rafael Wildauer worked as a Lecturer in Business Economics at Kingston University Business School. He holds a PhD in Economics from Kingston University (supervisor: Prof. Engelbert Stockhammer) and completed Bachelors and Masters degrees in Economics at the University of Vienna.

Rafael Wildauer is Deputy Director of the University's Institute of Political Economy, Governance, Finance and Accountability (PEGFA), where his research focuses on four areas: First, statistical models of the distribution of household wealth in order to address underreporting problems in household survey data, post data collection; second the drivers of the indebtedness of the household sector with a particular interest in the role played by shifts in the distribution of income and wealth; third, the transition to a zero carbon economy, the required policies and the challenges involved in decoupling economic growth and emissions; fourth, Post Keynesian and Neo Kaleckian models of economic growth.

Awards

  • Fully funded PhD scholarship at Kingston University (supervisor Prof Engelbert Stockhammer)
  • MSc Economics graduation with distinction

Recognition

  • Elected member of the committee of the Post Keynesian Economics Society (PKES)
  • Fellow of the Higher Education Academy

Reviewer for:

  • Journal of Post Keynesian Economics
  • European Journal of Economics and Economic Policies
  • International Journal of Consumer Studies
  • International Journal of Social Welfare
  • Journal of Globalization and Development

Research / Scholarly interests

Rafael's work is focussed on the distribution of income and wealth. One particular aspect of his research is on addressing the problem of underreporting of income and assets by affluent households in surveys by means of statistical models of the tail of the income or wealth distribution. These post-data collection adjustments are crucial when the goal is to obtain a realistic picture of the tail of the distribution and the total volume of income or wealth in the population and thus is crucial for assessing the distribution or policies such as taxation. Other areas of interest include, private sector indebtedness, the transition to zero carbon economies and Post Keynesian and Neo Kaleckian growth models.

Key funded projects

  • A fiscally sustainable public investment initiative in Europe to prevent climate collapse (01/2020 – 04/2021, funded by FEPS, AK and RI): This research project pursues two goals. The first is to assess whether the planned measures laid out in the European Green Deal are sufficient to meet the "well below 1.5 °C target". The second goal is to assess the fiscal feasibility of a public investment initiative dedicated to providing the necessary infrastructure and technology upgrading to achieve the Paris targets with greater probability.
  • Private Wealth in Austria (01/2020 – 10/2020, funded by AK): The project aims to use the third wave of data from the ECB's Household Finance and Consumption Survey (HFCS) to study the current distribution of household wealth in Europe and its evolution over the past three years.
  • Wealth concentration, Taxation, Tax Evasion and Tax Avoidance in Austria (08/2017 – 08/2018, funded by AK): In the first part the issue of how to accurately measure the concentration of wealth from survey data is analysed and Austria is used as an explementary case study. Using the second wave of the European Central Bank's Household Finance and Consumption Survey (HFCS) the project estimates the top tail of the wealth distribution based on a statistical model which assumes the wealth distribution can be described by a power law. The results are then used to estimate the revenues of different wealth taxation proposals (see outputs and and ). See further outputs and .

Research impact beyond academia:

  • The European Commission Staff Country Report on Austria cites Ferschli et al. (2017) in their discussion of reform of the taxation scheme and the revenue potential of wealth taxes.
  • The 'Sozialbericht 2017' of the Austrian Federal Ministry of Labour, Social Affairs and Consumer Protection and the Austrian Central Bank cite Eckerstorfer et al. 2016 when calling for increased use of administrative data to improve survey quality.

Recent publications

Article

Wildauer, Rafael , Kohler, Karsten, Aboobaker, Adam, Guschanski, Alexander (2023), . Elsevier. In: , , , . Elsevier, London Energy Economics, 127: 106982 (PART B) . pp. 1-19 ISSN: 0140-9883 (Print), 1873-6181 (Online) (doi: https://doi.org/10.1016/j.eneco.2023.106982).

Kapeller, Jakob , Leitch, Stuart, Wildauer, Rafael (2023), . Elsevier. In: , , , . Elsevier, Ecological Economics, 209: 107849 ISSN: 0921-8009 (Print), (doi: https://doi.org/10.1016/j.ecolecon.2023.107849).

Tippet, Benjamin , Onaran, Özlem, Wildauer, Rafael (2022), . Wiley. In: , , , . Wiley, The Review of Income and Wealth ISSN: 0034-6586 (Print), 1475-4991 (Online) (doi: https://doi.org/10.1111/roiw.12626).

Wildauer, Rafael and , Kapeller, Jakob (2022), . Elsevier. In: , , , . Elsevier, Labour Economics, 75: 102145 ISSN: 0927-5371 (Print), (doi: https://doi.org/10.1016/j.labeco.2022.102145).

Wildauer, Rafael and , Kapeller, Jakob (2021), . Ad Libros Publications Inc.. In: , , , . Ad Libros Publications Inc., Journal of Income Distribution ISSN: 0926-6437 (Print), 1874-6322 (Online) (doi: https://doi.org/10.25071/1874-6322.40447) NB Item availability restricted.

Wildauer, Rafael and , Stockhammer, Engelbert (2018), . Now Publishers. In: , , , . Now Publishers, Review of Behavioral Economics, 5 (2) . pp. 85-121 ISSN: 2326-6198 (Print), 2326-6201 (Online) (doi: https://doi.org/10.1561/105.00000083).

López Bernardo, Javier and , Wildauer, Rafael (2018), . In: , , , . , Aestimatio: The IEB International Journal of Finance (16) . pp. 90-123 ISSN: 2173-0164 (Print), (doi: https://www.ieb.es/ww2017/wp-content/uploads/2018/02/AE16-90-123.-LOPEZ-BERNARDO.pdf).

Ferschli, Benjamin , Kapeller, Jakob, Schütz, Bernhard, Wildauer, Rafael (2018), . In: , , , . , Wirtschafts- und Sozialpolitische Zeitschrift, 40 (1) . pp. 146-160 (doi: ).

Ferschli, Benjamin , Kapeller, Jakob, Schütz, Bernhard, Wildauer, Rafael (2017), . Johannes Kepler, Universitat Linz. In: , , , . Johannes Kepler, Universitat Linz, Materialien zu Wirtschaft und Gesellschaft (167) (doi: ).

Working paper

Tippet, Benjamin , Onaran, Özlem, Wildauer, Rafael (2024), . PEGFA: Institute of Political Economy, Governance, Finance and Accountability. In: , , , . PEGFA: Institute of Political Economy, Governance, Finance and Accountability, London (doi: ).

Tippet, Benjamin and , Wildauer, Rafael (2024), . PEGFA: Institute of Political Economy, Governance, Finance and Accountability. In: , , , . PEGFA: Institute of Political Economy, Governance, Finance and Accountability, London (1st) (doi: ).

Tippet, Benjamin and , Wildauer, Rafael (2023), . PEGFA: Institute of Political Economy, Governance, Finance and Accountability. In: , , , . PEGFA: Institute of Political Economy, Governance, Finance and Accountability, London (doi: ).

Wildauer, Rafael , Heck, Ines, Kapeller, Jakob (2023), . IPEFGA, Çï¿ûÊÓƵ. In: , , , . IPEFGA, Çï¿ûÊÓƵ, Çï¿ûÊÓƵ, London (doi: ).

Tippet, Benjamin , Wildauer, Rafael, Onaran, Özlem (2021), . In: , , , . , (doi: ).

Wildauer, Rafael , Leitch, Stuart, Kapeller, Jakob (2021), . In: , , , . , Greenwich (doi: ).

Kapeller, Jakob , Leitch, Stuart, Wildauer, Rafael (2021), . PEGFA: Institute of Political Economy, Governance, Finance and Accountability. In: , , , . PEGFA: Institute of Political Economy, Governance, Finance and Accountability, (doi: ).

Kapeller, Jakob , Leitch, Stuart, Wildauer, Rafael (2021), . Greenwich Papers in Political Economy. In: , , , . Greenwich Papers in Political Economy, London (doi: /research/activity/faculty-of-business/greenwich-papers-in-political-economy).

Tippet, Benjamin , Onaran, Özlem, Wildauer, Rafael (2021), . Çï¿ûÊÓƵ Business School. In: , , , . Çï¿ûÊÓƵ Business School, London (doi: ).

Heck, Ines , Kapeller, Jakob, Wildauer, Rafael (2020), . Arbeiterkammer Wien. In: , , , . Arbeiterkammer Wien, Vienna ISSN: 978-3706308502 (Print), (doi: https://emedien.arbeiterkammer.at/viewer/api/v1/records/AC16086820/files/source/AC16086820.pdf).

Wildauer, Rafael , Leitch, Stuart, Kapeller, Jakob (2020), . Çï¿ûÊÓƵ Business School. In: , , , . Çï¿ûÊÓƵ Business School, London (doi: /business/research/centres/gperc/pubreports/greenwich-papers-in-political-economy).

Wildauer, Rafael and , Kapeller, Jakob (2019), . In: , , , . , (doi: ).

Wildauer, Rafael and , Kapeller, Jakob (2019), . In: , , , . , (doi: ).

Stockhammer, Engelbert and , Wildauer, Rafael (2017), . Post Keynesian Economics Study Group. In: , , , . Post Keynesian Economics Study Group, Kingston upon Thames, U.K. (2017-0) (doi: http://www.postkeynesian.net/downloads/working-papers/PKWP1710.pdf).

Wildauer, Rafael and , (2016), . Post Keynesian Economics Study Group. In: , , , . Post Keynesian Economics Study Group, Kingston upon Thames, U.K. (2016-0) (doi: https://www.postkeynesian.net/working-papers/1608/).