Institutes

Austrian Institute of Economic Research

WIFO, founded in 1927 by Friedrich August von Hayek and Ludwig von Mises for the purpose of business cycle analysis, is today the leading institute for applied empirical economic research in Austria with a strong commitment at a European level.

WIFO is a non-profit, independent economic research institute. Through highest quality research, economic policy advice and communication, the Institute builds a bridge between basic academic research and economic policy application. It creates scientific evidence to inform economic policy and business decision-makers as well as the general public. In this way, it makes a significant contribution to solving economic and socio-political challenges. WIFO prepares empirical analyses with scientific integrity and state-of-the-art methods. It communicates its results in scientific publications, policy reports and with the help of broad-based public relations work.

The Vienna Institute for International Economic Studies

The Vienna Institute for International Economic Studies – wiiw – is one of the most important research centers for Central, Eastern and Southeastern Europe with more than 50 years of experience. Over the years, wiiw has broadened its expertise as well as its regional coverage – to include European integration, the countries of Wider Europe and selected topics in the global economy. The areas of research in which wiiw is engaged have also broadened. The focus of the content work is currently on macroeconomic developments and structural change, the international economy, labor markets and social issues, as well as selected topics related to sectoral and regional economic developments. wiiw is an independent, non-profit institution.