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A Long-run Macroeconomic Model of the Austrian Economy (A-LMM). New Results

Author

Listed:
  • Serguei Kaniovski
  • Thomas Url

    (Austrian Institute of Economic Research)

  • Helmut Hofer
  • Sandra Müllbacher

    (Institute for Advanced Studies)

Abstract

In this short report we present simulations based on an updated version of A-LMM, the Austrian Long-run Macroeconomic Model. In addition to a baseline scenario based on the main population projection of Statistics Austria, we simulate the effects of low and high migration, high life expectancy rates, and high or low growth of labour productivity on the macroeconomic development in Austria till 2070. We also compare the new results with results from the previous update in 2010.

Suggested Citation

  • Serguei Kaniovski & Thomas Url & Helmut Hofer & Sandra Müllbacher, 2013. "A Long-run Macroeconomic Model of the Austrian Economy (A-LMM). New Results," WIFO Studies, WIFO, number 46830.
    • Handle: RePEc:wfo:wstudy:46830
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    References listed on IDEAS

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