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In den sechziger Jahren lag das reale Wachstum in Europa noch über dem der USA. Danach sanken in beiden Teilen der Welt tendentiell die Wachstumsraten. Anfang der achtziger Jahre folgte allerdings in den USA eine Phase hohen Wirtschaftswachstums, so dass die Wachstumsraten und die...
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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...
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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...
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