This study examines the potential impact of a hypothetical but plausible migration scenario on Austria’s economy and labour market, inspired by Austria’s experience in 2015. Using the agent-based macroeconomic model developed by Poledna et al. (2023), the study explores the detailed labour...

Sustainability as a concept has multiple disparate perspectives stemming from different related disciplines which either maintain ambiguous interpretations or concentrate on metrics pertaining to single aspects of a system. Given the embedded multi-dimensionality of sustainability, systemic...

We analyze the optimal life-cycle education decision of a single atomistic individual and show that the standard result of part-time education and part-time work throughout the life-cycle holds only under very special and unrealistic assumptions. Once these assumptions are relaxed, different...