Following the European Commission's guidelines, WIFO has undertaken a monitoring of the implementation of the Austrian National Reform Programme within the framework of the European 2020 growth strategy. The main components are the development of normative target corridors to assess progress in...

In this paper we develop a long run macroeconomic model for Austria to simulate the effects of aging on employment, output growth, and the solvency of the social security system. By disaggregating the population into six age cohorts and modelling sex specific participation rates for each cohort,...

Following the European Commission's guidelines, WIFO has undertaken a monitoring of the implementation of the Austrian National Reform Programme within the framework of the European 2020 growth strategy. The main components are an analysis of Austria's progress towards reaching its five EU 2020...

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...