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...

In this study we use 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, we...

We use the Austrian Long-run Macroeconomic Model (A-LMM) for a long-term projection of the Austrian economy until 2070. Our baseline scenario is the input for micro-simulation models of the Austrian pension insurance system. A-LMM is a neoclassical growth model replicating stylised facts about...

Nach dem neuerlichen Abschwung 2014 expandiert die heimische Wirtschaft mittelfristig sehr mäßig (2015/2019 +1,3% p. a.). Insbesondere wachsen der Konsum und die Investitionen verhalten; der Außenbeitrag zum Wirtschaftswachstum entwickelt sich schwach. Die leichte Expansion ermöglicht zwar...