The Austrian Institute of Economic Research (german: Österreichisches Institut für Wirtschaftsforschung, WIFO) is a private non-profit association located in

Vienna en, Viennese , iso_code = AT-9 , registration_plate = W , postal_code_type = Postal code , postal_code = , timezone = CET , utc_offset = +1 , timezone_DST ...

Austria Austria, , bar, Östareich officially the Republic of Austria, is a country in the southern part of Central Europe, lying in the Eastern Alps. It is a federation of nine states, one of which is the capital, Vienna, the most populous ...

. The institute was founded in 1927 by

Friedrich Hayek Friedrich August von Hayek ( , ; 8 May 189923 March 1992), often referred to by his initials F. A. Hayek, was an Austrian–British economist, legal theorist and philosopher who is best known for his defense of classical liberalism. Hayek ...

and

Ludwig von Mises Ludwig Heinrich Edler von Mises (; 29 September 1881 – 10 October 1973) was an Austrian School economist, historian, logician, and sociologist. Mises wrote and lectured extensively on the societal contributions of classical liberalism. He is ...

.About WIFO
, Austrian Institute of Economic Research With 124 employees (64 researchers, 30 research assistants, 30 administrative staff) it is the largest economic research institute in Austria. The current director is

Gabriel Felbermayr Gabriel Felbermayr (born 1976) is an Austrian economist who has been serving as president of the Austrian Institute of Economic Research (WIFO) since 2021. He specializes in international economics, international trade agreements, economic pol ...

who followed Christoph Badelt on 1 October 2021. WIFO is a member of the "Association of European Conjuncture Institutes" (AIECE), the "Centre for International Research on Economic Tendency Surveys" (CIRET), and the "European Economic Research and Advisory Consortium" (ERECO) with partner institutions in Birmingham, Bologna, Cambridge, Madrid, Munich, Paris and Rotterdam. It has also established ties to institutes in the US, Australia and Asia.

Research Activities

WIFO analyses national and international

economic trend *all the economic indicators that are the subject of economic forecasting **see also: econometrics *general trends in the economy, see: economic history Economic history is the academic learning of economies or economic events of the past. R ...

s and supplies short- to medium-term economic forecasts. Together with studies on European integration, competitiveness and location of industries and services, these trends and forecasts provide the basis for economic policies and corporate strategies.Consortium
, Pashmina Project Research activities are bundled in the following five departments: *

Macroeconomics Macroeconomics (from the Greek prefix ''makro-'' meaning "large" + ''economics'') is a branch of economics dealing with performance, structure, behavior, and decision-making of an economy as a whole. For example, using interest rates, taxes, and ...

and European

Economic Policy The economy of governments covers the systems for setting levels of taxation, government budgets, the money supply and interest rates as well as the labour market, national ownership, and many other areas of government interventions into the ec ...

* Labour market, income and

social security Welfare, or commonly social welfare, is a type of government support intended to ensure that members of a society can meet basic human needs such as food and shelter. Social security may either be synonymous with welfare, or refer specifical ...

* Industrial economics,

innovation Innovation is the practical implementation of ideas that result in the introduction of new goods or services or improvement in offering goods or services. ISO TC 279 in the standard ISO 56000:2020 defines innovation as "a new or changed enti ...

and international competition * Structural change and regional developments *

Environment Environment most often refers to: __NOTOC__ * Natural environment, all living and non-living things occurring naturally * Biophysical environment, the physical and biological factors along with their chemical interactions that affect an organism or ...

agriculture Agriculture or farming is the practice of cultivating plants and livestock. Agriculture was the key development in the rise of sedentary human civilization, whereby farming of domesticated species created food surpluses that enabled people ...

and

energy In physics, energy (from Ancient Greek: ἐνέργεια, ''enérgeia'', “activity”) is the quantitative property that is transferred to a body or to a physical system, recognizable in the performance of work and in the form of ...

WIFO's activities include commissioned research and consulting for domestic and international decision-making bodies, the

European Commission The European Commission (EC) is the executive of the European Union (EU). It operates as a cabinet government, with 27 members of the Commission (informally known as "Commissioners") headed by a President. It includes an administrative body ...

, the

OECD The Organisation for Economic Co-operation and Development (OECD; french: Organisation de coopération et de développement économiques, ''OCDE'') is an intergovernmental organisation with 38 member countries, founded in 1961 to stimulate ...

, major business and financial institutions. It has established an extensive information system of regularly updated economic statistics, including U.N. Foreign Trade Statistics, World Debt Tables of the World Bank, the IMF International Financial Statistics,

OECD Main Economic Indicators OECD Main Economic Indicators, often simply called Main Economic Indicators and abbreviated MEI, is a monthly publication by the Organisation for Economic Co-operation and Development (OECD) of economic indicators worldwide (with a focus on OECD cou ...

, and OECD Economic Outlook. It also publishes journals, reports, newsletters, and periodicals.Österreichisches Institut für Wirtschaftsforschung

Bloomberg Bloomberg may refer to: People * Daniel J. Bloomberg (1905–1984), audio engineer * Georgina Bloomberg (born 1983), professional equestrian * Michael Bloomberg (born 1942), American businessman and founder of Bloomberg L.P.; politician and m ...

Businessweek, 2 November 2011

Supervisory Board

The Supervisory Board of WIFO is made up of

Christoph Leitl Christoph Leitl (born 29 March 1949 in Linz, Upper Austria) is an Austrian politician. A member of the Austrian People's Party, he is the former president of the Austrian Federal Economic Chamber and president of EUROCHAMBRES since 2018. Life ...

(president of the Supervisory Board and of the

Austrian Federal Economic Chamber The Austrian Federal Economic Chamber ( de: ''Wirtschaftskammer Österreich'' or WKO) functions as the federal parent organization for the nine State Chambers and 110 trade associations for different industries within Austria's system of economy. ...

), Rudi Kaske (vice president; president of the Federal Chamber of Labour) and other representatives of its main carrier organisations and the Austrian political, economic and academic community.

References

External links

Official Website
(English Version) Research institutes in Austria 1927 establishments in Austria Economic research institutes Organizations established in 1927 {{Austria-org-stub