Kaniovski, Serguei; Url, Thomas; Hofer, Helmut; … - Österreichisches Institut für Wirtschaftsforschung; … - 2021
inflation rate. The model allows for labour saving technological progress and replicates stylised facts about growing market … economies with an ageing population. The current model update incorporates the recent population forecast, information from … labour market and national accounts data. Compared to the previous report we expect higher labour market participation rates …