{"id":119212,"date":"2024-01-22T22:23:16","date_gmt":"2024-01-22T21:23:16","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/119212\/"},"modified":"2024-11-07T05:03:14","modified_gmt":"2024-11-07T04:03:14","slug":"a-long-run-macroeconomic-model-of-the-austrian-economy-a-lmm-new-results-2014","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/119212\/","title":{"rendered":"A Long-run Macroeconomic Model of the Austrian Economy (A-LMM). New Results (2014)"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-119212","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"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 growing market economies. The current model update incorporates recent information from labour market and national accounts data. Compared to the previous report we now project slightly higher labour market participation rates and \u2013 due to the lower starting value in 2013 \u2013 a lower level of real output.","onlinedate":"2014-06-13 12:00:00","lang":"English","publication_series":"","publication_date":"20140601","publication_date_year":"","publication_date_full":false,"publication_num_pages":"48","keywords":"[]","jelcodes":"[]","related_publications":"[]","pdf":353222,"zip":null,"link":"","monthly_report":false,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"","journal":"","publisher":"","invisible":false,"external":false,"embargo_date":"2014-06-13 12:00:00","types":[81966],"research_groups":[3500],"collaboration":"","persons":[3641,3899,15735,11855],"persons_data":"[{\"personId\":3641,\"personName\":\"Serguei Kaniovski\",\"organisationNames\":[]},{\"personId\":3899,\"personName\":\"Thomas Url\",\"organisationNames\":[]},{\"personId\":15735,\"personName\":\"Helmut Hofer\",\"organisationNames\":[]},{\"personId\":11855,\"personName\":\"Sandra M\u00fcllbacher\",\"organisationNames\":[\"IHS\"]}]","clients":[10694],"subclients":[],"partners":[],"topics":[49624],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","citations":"{\"apa\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_apa rendering_bookanthology rendering_apa rendering_bookanthology_apa\\\"><span>Kaniovski, S.<\\\/span><span>, Url, T.<\\\/span>, Hofer, H., &amp; M\u00fcllbacher, S. (2014). <span><em>A Long-run Macroeconomic Model of the Austrian Economy (A-LMM). New Results (2014)<\\\/em><\\\/span>. WIFO, Institute for Advanced Studies. <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/47254\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/47254<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_bookanthology rendering_vancouver rendering_bookanthology_vancouver\\\"><span>Kaniovski S<\\\/span><span>, Url T<\\\/span>, Hofer H, M\u00fcllbacher S. <span class=\\\"title\\\"><span>A Long-run Macroeconomic Model of the Austrian Economy (A-LMM). New Results (2014)<\\\/span><\\\/span>. WIFO, Institute for Advanced Studies; 2014.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_bookanthology rendering_bibtex rendering_bookanthology_bibtex\\\"><div>@book{382da3314e3f46739357e200e8e327b1,<\\\/div><div>  title    = \\\"A Long-run Macroeconomic Model of the Austrian Economy (A-LMM). New Results (2014)\\\",<\\\/div><div>  abstract = \\\"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 growing market economies. The current model update incorporates recent information from labour market and national accounts data. 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New Results (2014)<\\\/p><p>AU  - Kaniovski, Serguei<\\\/p><p>AU  - Url, Thomas<\\\/p><p>AU  - Hofer, Helmut<\\\/p><p>AU  - M\u00fcllbacher, Sandra<\\\/p><p>N1  - A Long-run Macroeconomic Model of the Austrian Economy (A-LMM)<\\\/p><p>PY  - 2014\\\/6<\\\/p><p>Y1  - 2014\\\/6<\\\/p><p>N2  - 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 growing market economies. The current model update incorporates recent information from labour market and national accounts data. 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New Results (2014)<\\\/p><p>ER  - <\\\/p><\\\/div>\"}","scientific_assistance":"[]","scientific_review":"[]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>A Long-run Macroeconomic Model of the Austrian Economy (A-LMM). New Results (2014) - WIFO<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.wifo.ac.at\/en\/publication\/119212\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A Long-run Macroeconomic Model of the Austrian Economy (A-LMM). 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