The FISK OLG model – a numerical overlapping generations model for Austria – model description v.2.3

Schuster – Working Paper 11 – April 2025

This paper presents an update of the technical description of the FISK OLG Model, a numerical overlapping generations (OLG) model of the Auerbach-Kotlikoff type, specifically developed for Austria. The FISK OLG model is designed to quantify the medium- and long-term effects of demographic changes and structural reforms. Household and firm decisions are microfounded, and the model operates dynamically in general equilibrium. Particular attention is given to a detailed representation of government revenues and expenditures. An extension of the model incorporates endogenous energy consumption and greenhouse gas emissions.

Publikationsjahr: 2025
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Download: Historical Macro and Fiscal Database for Austria 2025 (HMFDA2025) (XLSX, 0,5 MB)