IHS - People

People at IHS in alphabetical order:

  • Mag. Michael Miess

    • Macroeconomics and Economic Policy
    +43 1 59991 138
  • Macroeconomic modelling (agent-based, stock-flow consistent, and general equilibrium models)

    National accounting data

    Linking financial and real economy in formal economic modelling

    Financialization and its relation to sustainable economic development and distributional issues

    Macroeconomic sustainability

    Energy and environmental economics

  • Bild Michael Miess
  • Michael Gregor Miess (* 1983 in Innsbruck, Austria) has been actively researching in the fields of macroeconomics, formal macroeconomic modelling (agent-based, stock flow consistent, and computable general equilibrium models), financial markets and their link to the real economy, as well as energy and environmental economics for several years at IHS. He is a graduate in economics from the University of Vienna, and is currently a PhD student at the Vienna University of Economics and Business (WU).

    Michael has participated in a leading role in the development of an innovative hybrid top-down bottom-up computable general equilibrium (CGE) model with focus on energy provision and environmental effects at IHS. This model has repeatedly been used for studies for Austrian ministries. He also coordinated and researched for a project (DEFINE) co-funded by the European Commission that featured the extension and application of this CGE ModeI to analyse a large-scale shift to electromobility in Austria, Germany and Poland.

    The research for his PhD focuses on constructing and calibrating a novel, stock-flow consistent (SFC) model depicting financial-real economic linkages, endogenous business cycles, and empirically derived dynamics, which is currently work in progress. The main interest lies in explaining business and financial cycles via credit creation by banks and non-bank monetary institutions, as well as investment behaviour by firms.

    Currently, Michael is also employed at the Complexity Science Hub (CSH) Vienna. His work at CSH is centered on an agent-based big-data model of an entire national economy (Austria) with applications to economic forecasting and policy analysis. The model is calibrated to Austria as an example for a small open economy using macroeconomic data from national accounts and selected information from micro-level datasets. It clearly tends to outperform conventional time series models in forecast comparison.


    Selection of Projects:

    Miess, M. and Schmelzer, S. (2016). Extension of the Empirical Stock-Flow Consistent (SFC) Model for Austria. Study commissioned by the Austrian Chamber of Labour, Vienna.

    Miess, M., Raza, W., Reiner, C., Schmelzer, S., Tröster, B. (2016). Auswirkungen von TTIP auf die österreichische Landwirtschaft und Nahrungsmittelproduktion - Beschäftigungs- und Struktureffekte (Effects of TTIP on the Austrian Agriculture and Food Production Sectors – Employment and Structural Effects). Study Commissioned by SPAR, BioAustria, NÖM and Greenpeace. For further information, see www.ihs.ac.at/de/forschungsgruppen/finanzmaerkte-und-oekonometrie/projekte/ttip-auswirkungen/

    Stagl, S., Rezai, A., Miess, M., Schmelzer, S., Zwickl, K. (2014 - 2015) Financialization, economic growth and biophysical limits. Project Funded by the Jubiläumsfonds of the Austrian National Bank.

    Miess, M. and Schmelzer, S. (coordinators). ERA NET Transport electromobility+ project DEFINE (Development of an Evaluation Framework for the Introduction of Electromobility, 2012 - 2014). Project funded by BMVIT (Austria) and Co-funded by the European Commission. Project Homepage: https://www.ihs.ac.at/projects/define/

    Janke, J., Grussmann, S., Miess, M., Schmelzer, S. (2015). Volkswirtschaftliche Kosten des Klimawandels in Österreich durch Klimawandeleffekte in Landwirtschaft, Wintertourismus und der Energiewirtschaft (Economic Costs of Climate Change caused by Climate Change Effects in Agriculture, Winter Tourism and the Energy Economy). Study commissioned by the Austrian Ministry of Finance.

    Bliem, M., Aigner-Walder, B., Brandl, B., Grussman, S., Klinglmair, A., Miess, M., Paterson, I., Rodiga-Laßnig, P., Schmelzer, S. (2014). Das Potenzial von Öko-Innovationen für den Standort Österreich (The Potential of Eco-Innovation for Austria). Studie im Auftrag des Bundesministeriums für Wirtschaft, Familie und Jugend (study commissioned by the Austrian Ministry of Economy, Family and Youth).

    Friedl, B., Bliem, M., Miess, M., Schmelzer, S., Aigner, M., Haber, A.,  Schmautzer, E. (2013). Wertschöpfungs- und Beschäftigungseffekte von Smart-Grids-Lösungen (Value added and employment effects of smart grid solutions). Presented at: International Energy Economics Conference at Vienna University of Technology (IEWT), 2013.

    Bliem, M., Friedl, B., Miess, M., Rauter, B. und Schmelzer, S. (2012). Erneuerbare Energie in Oberösterreich: Förderung, Beschäftigung, Wertschöpfung (Renewable Energy in Upper Austria: Subsidies, Employment, Value Added). Klagenfurt, November 2012.

    Miess, M., Schmelzer, S. und Schnabl, A. (2011). Evaluierung der regionalen Beschäftigungs- und Wachstumsoffensive 2005/2006 (Evaluation of the Regional Employment and Growth Offensive). Studie im Auftrag des Bundesministeriums für Wirtschaft, Familie und Jugend (Study commissioned by the Austrian Ministry of Economy, Family and Youth).

    Berger, J., Gstrein, M., Keuschnigg, C., Miess, M., Müllbacher, S., Strohner, L., Winter-Ebmer, R. (2011). Development/Maintenance of the Labour Market Model. Project on behalf of DG EMPL of the European Commission, Contract No. VC/2010/0068.

    Berger, J., Hofer, H., Miess, M., Schuh, U., Strohner, L., Biffl, G. (2011). Auswirkungen der Arbeitsmarktöffnung am 1. Mai auf den Wirtschafts- und Arbeitsstandort Österreich (Effects of Opening the Austrian Labour Market on the 1st of May on business and employment location Austria). IHS, DUK. Studie im Auftrag des Bundesministeriums für Wirtschaft, Familie und Jugend (Study commissioned by the Austrian Ministry of Economy, Family and Youth).

    Balabanov, T., Friedl, B., Miess, M., and Schmelzer, S. (2010). Mehr und qualitätsvollere Green Jobs (Green Jobs for a Sustainable, Low-carbon Austrian Economy). Studie im Auftrag des Bundesministeriums für Arbeit, Soziales und Konsumentenschutz (Study Commissioned by the Austrian Ministry for Labour, Social Affairs and Consumer Protection). 

    Berger, J., Keuschnigg, C., Keuschnigg, M., Miess, M., Strohner, L., Winter-Ebmer, R. (2009). Modelling of Labour Markets in the European Union. Final Report. Project Report for the European Commission as part of the European Community Programme for Employment and Social Solidarity (2007 - 2013), DG for Employment, Social Affairs and Equal Opportunities, Ref. No. VC/2007/0344.

    Bock-Schappelwein, J., Bremberger, C., Hierländer, R., Huber, P., Knittler, K., Berger, J., Hofer, H., Miess, M., Strohner , L. (2009). Die ökonomischen Wirkungen der Immigration in Österreich 1989 – 2007. WIFO, IHS. Studie im Auftrag des Bundesministeriums für Wirtschaft und Arbeit (Study Commissioned by Austrian Federal Ministry of Economics and Labour).