English, Article edition: WIFO White Paper: Simulating Economic-policy Measures for Promoting Growth and Employment Fritz Breuss; Serguei Kaniovski; Thomas Url

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Physical Description
  • article
Language
  • English

Edition details

Title
  • WIFO White Paper: Simulating Economic-policy Measures for Promoting Growth and Employment
Author
  • Fritz Breuss
  • Serguei Kaniovski
  • Thomas Url
Physical Description
  • article
Notes
  • By simulating some economic-policy measures in the WIFO White Paper "Towards Higher Employment via Economic Growth Based on Innovation and Qualification", we can gauge their effectiveness and make a comparative assessment. Impacts can diverge greatly between the short and long term, which is why two WIFO models are applied: the short-term WIFO-Macromod on the one hand and the Austrian Long-run Macroeconomic Model. The short-term results align closer with the empirical correlation between policy action and the Austrian economy, whereas the long-term outcomes take full account of long-range equilibrium conditions.
  • WIFO-Weißbuch Modellsimulationen WIFO-Macromod Austria Long-run Macromodel
  • RePEc:wfo:monber:y:2007:i:3:p:263-274
Language
  • English
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