In this study we use a long run macroeconomic model for Austria to simulate the effects of aging on employment, output … growth due to a productivity shock. -- economic growth ; aging ; Austria …

In this study we use a long run macroeconomic model for Austria to simulate the effects of aging on employment, output …

service) in 2015, the unemployment rate is projected to decline only slightly to 7.7 percent by the forecast horizon … by the structural consolidation scenario underlying the forecast (€ 2 billion as from 2014 and a further € 1 billion from …

In this paper we develop a long run macroeconomic model for Austria to simulate the effects of aging on employment …

The paper describes a model for computing the trend output and the structural budget deficit in Austria. The … the structural budget deficit. Until now, such decomposition has not been part of the regular WIFO forecast. …