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We use an updated version of the Austrian Long-run Macroeconomic Model (A-LMM) for a long-term projection of the Austrian economy until 2075. Our baseline scenario is the input for microsimulation models of the Austrian pension insurance system. A-LMM 2.0 is a neoclassical growth model using...
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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. …
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. Our baseline scenario is the input for micro-simulation models of the Austrian pension insurance system. A-LMM is a …
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