Austrian Institute of Economic Research

The Austrian Institute of Economic Research () is a private non-profit association located in Vienna, Austria.

The institute was founded in 1927 by Friedrich Hayek and Ludwig von Mises as ''Österreichisches Institut für Konjunkturforschung'' ("Austrian Institute for Business-Cycle Research"). With 124 employees (64 researchers, 30 research assistants, 30 administrative staff), and an annual budget of 13.6 million Euros (as of 2001), it is the largest non-university economic research institute in Austria.

WIFO is a member of the "Association of European Conjuncture Institutes" (AIECE), the "Centre for International Research on Economic Tendency Surveys" (CIRET), and the "European Economic Research and Advisory Consortium" (ERECO) with partner institutions in Birmingham, Bologna, Cambridge, Madrid, Munich, Paris and Rotterdam. It has also established ties to institutes in the US, Australia and Asia. Provided by Wikipedia