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MIESS Michael Gregor, Dr.

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Michael Gregor MIESS

Michael Gregor MIESS

Rese­arch Asso­ciate

More Info

Welthandelsplatz 1/D2/level 3
1020 Vienna, Austria
Personal Website IHS


Research Interest

  • Macroeconomic modelling: Agent-based (ABM), stock-flow consistent (SFC), and general equilibrium (CGE, DSGE) modelling

  • Finance and the transition to a low-carbon economy

  • Linking finance and the real economy in formal economic modelling

  • Financialization and its relation to sustainable economic development and distributional issues

  • Macroeconomic sustainability

  • Monetary economics

  • Social-ecological transformation in a macroeconomic context

Current Projects

  • WINDOW (funded by OeNB Jubiläumsfonds): Constructing macroeconomic models to find paths for smoothing the low-carbon transition with a focus on the electricity sector.

  • BIOCLIMAPATHS (funded by ERANET-AXIS): Assessing climate-led social-ecological impacts and opportunities for resilience pathways in the EU bioeconomy.

Recent Publications

  • Poledna, S., Miess, M., and Hommes, C. (2020). Economic forecasting with an agent-based model. Under review. For the working paper version, please see SSRN: .

  • Schmelzer, S., Miess, M., Kopecna, V. and Scasny, M. (2020). Abatement technologies and their social costs in a hybrid general equilibrium framework. Under Review. For the working paper version (2018), please see: Working Papers IES 2018/16, Charles University Prague,

  • Miess, M. (2019). Expanding the technological frontier of macroeconomic modelling. An empirical comparison of an estimated agent-based model to standard modeling techniques. Dissertation, Vienna University of Economics and Business (WU Wien), November 2019.

  • Miess, M. (2019). Unconditional and conditional forecasting for a small open economy in a two-country DSGE model. In preparation.

  • Poledna, S., Hochrainer-Stigler, S., Miess, M., Klimek, K., Schmelzer, S., Shchekinova, E., Rovenskaya, E., Linnerooth-Bayer, J., Dieckmann, U., Pflug, G., Thurner, S. (2018). When does a disaster become a systemic event? Estimating indirect economic losses from natural disasters,

  • Miess, M. and Schmelzer, S. (2016b). Extension of the Empirical Stock-Flow Consistent (SFC) Model for Austria. Materialien zu Wirtschaft und Gesellschaft 163, Austrian Chamber of Labour, see

  • 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. See

  • Miess, M., Schmelzer, S (2016a). A Stock-flow consistent model of financialisation and shadow banking: Financial fragility in a modern capitalist economy. Working Paper. See .

  • Schmelzer, S. Miess, M. (2015). The Economic Costs of Electric Vehicles. DEFINE Working Paper, see .

  • 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, see  

  • 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-Innovations for Austria). Study commissioned by the Austrian Ministry of Economy, Family and Youth. See


  • Green Economics. Master’s course at the IMC University of Applied Sciences, Krems. WS 2019/2020.