Michael Miess

Dr. Michael Miess is a Researcher at Institut für Höhere Studien.
He has been actively researching macroeconomics, macroeconomic modeling (agent-based, stock-flow consistent, and computable general equilibrium models), financial markets and their link to the real economy, and ecological economics at IHS and other research institutions for several years.
At IHS, he has participated in a leading role in developing an innovative hybrid top-down, bottom-up computable general equilibrium (CGE) model focusing on energy provision and environmental effects.
This model has repeatedly been used for studies for Austrian ministries.
He also coordinated and researched a transnational project (DEFINE) co-funded by the European Commission that featured the extension and application of this CGE model to analyze a large-scale shift to electromobility in Austria, Germany, and Poland.
Currently, at the Institute for Ecological Economics at WU Wien, he is involved in the project WINDOW, financed by the Austrian Central Bank.
The focus here lies on developing a novel stock-flow consistent (SFC) methodology suitable to depict scenarios of smooth transitions to a low-carbon economy in the electricity sector.
Additionally, the potential stranding of physical and financial assets and its repercussions on the overall financial system for disruptive low-carbon transitions will be assessed.
He is a graduate of economics from the University of Vienna and finished his Ph.D.
in economics at the Vienna University of Economics and Business (WU Wien) in 2019.