We analyse the (techno- and macro-)economic and distributive effects of a transformation to a renewable electricity system in Austria by 2030, as stipulated by the Austrian government. For the analysis, the macroeconomic model DYNK and ATLANTIS, a partial model of the electricity market, were...

We analyse the (techno- and macro-)economic and distributive effects of a transformation to a renewable electricity system in Austria by 2030, as stipulated by the Austrian government. For the analysis, the macroeconomic model DYNK and ATLANTIS, a partial model of the electricity market, were...

This paper describes the introduction of biophysical constraints into a disaggregated dynamic New Keynesian (DYNK) model using the example of different resource use scenarios for Europe, derived from global UNEP scenarios. The DYNK model covers 59 industries and five income groups of households...

This research study explores how decarbonisation strategies, combined with different ambitious approaches for reducing and slowing resource use, can meet the goals of Austria's circular economy strategy and contribute to carbon neutrality. The study examines the biophysical and economic impacts...

Macroeconomic modelling is widely applied to assess the effects of carbon pricing. However, there remains substantial uncertainty on these effects within and especially across different modelling approaches. This paper, Part A, identifies model structure uncertainties and impact chains, i.e....

In this paper we take up the challenge to integrate new aspects into macroeconomic modelling and to consider economic activities from an outcome-oriented perspective, so called functionalities. The basic idea is, that functionalities lie behind the demand for commodities and services and...

In order to meet the climate targets as set out in the Paris agreement - i.e., to stay "well below 2 °C" of global warming - a transformation of the socio-economic system towards climate neutrality is required. This transformation is connected to radical changes in most aspects of our daily...