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

Serguei Kaniovski, Thomas Url, Helmut Hofer and Sandra Müllbacher
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Thomas Url: WIFO
Sandra Müllbacher: Institute for Advanced Studies

in WIFO Studies from WIFO

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.

Date: 2013
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