Recovery of the Austrian economy following the COVID-19 crisis can take up to three years, IIASA Policy Brief #26

Sebastian Poledna, Elena Rovenskaya, Jesus Crespo Cuaresma, Serguei Kaniovski, Michael Gregor Miess

Publication: Working/Discussion Paper

Abstract

Collaboration between researchers from IIASA, WU, WIFO, and the IHS provides scenarios of the medium-run economic effects of the lockdown in Austria using the IIASA macroeconomic simulation model.
The analysis suggests that the return to the business-as-usual trend may take up to three years after a steep initial economic downturn due to the lockdown, and a gradual recovery thereafter.
Original languageEnglish
Place of PublicationLaxenburg
PublisherIIASA
Publication statusPublished - 1 Apr 2020

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