Puma Public Policy Model for Austria and Other European Countries

PUMA is a dynamic general equilibrium model (CGE) that can be used to simulate the economic and fiscal effects of reforms, e.g. in tax, social or labor market policy. In PUMA, the specific circumstances of a country are taken into account, particularly with regard to the tax system, social security and the labor market. It is currently calibrated for Austria and 14 other EU countries and thus calibrated for 90 percent of the EU population.