The two projects are among the 13 selected initiatives receiving a total of approximately 2.9 million Euros. With this initiative, the OeNB highlights its commitment to advancing research and innovation as key drivers of national progress and economic development.
Project 1: Energy prices, carbon border adjustment, and the competitiveness of European industry
Project Lead: Klaus Weyerstraß
This research project aims to quantify the macroeconomic consequences of the increase in CO2 prices in the EU and the introduction of the Carbon Border Adjustment Mechanism (CBAM). To this end, an agent-based multi-country, multi-sector model will be developed, encompassing all 27 EU Member States as well as the most important economies outside the EU. This model will quantify the effects on value added, production, investment, exports, imports, prices, and employment in the economic sectors.
Project 2: Effects and costs of rehabilitation stays for cardiovascular diseases
Project Lead: Thomas Czypionka
This project focuses on examining the impact of rehabilitation on secondary events, therapy adherence, and labor market success following heart attack and stroke. The goal is to demonstrate whether individuals who undergo rehabilitation have fewer hospital stays and doctor visits, and whether their employment can be sustained for longer. Furthermore, determinants for the utilization of rehabilitation measures will be investigated, including age, gender, education, health status, and the economic sector of employment. The project utilizes linked registry data from various social insurance institutions and labor market data, applying methods such as generalized linear and generalized additive models, as well as machine learning techniques.