Type and Duration
ERASMUS, September 2023 until February 2026Coordinator
Liechtenstein Business SchoolMain Research
Regional economic development and growthDescription
As part of this research project, we are improving existing models to analyze current challenges such as climate change, regional inequalities and demographic change. The following questions will be examined:- How large is the fiscal burden of CO2 taxation? What policy approaches could be used to mitigate the regressive redistributive effect?
- How can the pension system be designed to take account of demographic change on the one hand, but also to take account of increasingly unequal life expectancy on the other?
- How can AI-based now-casting microsimulation models be expanded to include regional components?
Practical Application
This project aims to improve researchers' and students' digital skills - both analytical and programming. It focuses on the development and use of big data applications, the programming of microsimulation models and the analysis of complex data sets. By adopting these innovations into the curriculum, we aim to improve teaching skills and materials. By addressing climate change and gender equality in our research, teaching and open formats, we aim to raise awareness of these European policy issues within and beyond academia.Reference to Liechtenstein
The development of strategies to combat climate change is highly relevant for Liechtenstein. A central point here is to create incentives for companies and consumers to reduce their CO2 emissions. This can be implemented with the help of a CO2 tax. However, this raises the question of how heavily which types of households are taxed.Another topic relevant to Liechtenstein is how pension systems can be designed to take account of demographic change on the one hand, but also to take account of increasingly unequal life expectancy on the other.
Furthermore, this project will extend AI-based now-casting microsimulation models to include regional components and attempt to address cross-border socio-political issues.
To involve Liechtenstein stakeholders (government and official bodies, NGOs, foundations, political parties and associations) as well as stakeholder groups at the EU level (EU Commission, DG EMPL, DG JUST), the research process is designed to be open. Various communication formats are chosen and public events are held to foster dialogue and knowledge transfer. Academic validation of the research content is achieved through conference presentations and scientific publications.
