Austrian Institute of Economic Research

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Austrian Institute of Economic Research
Österreichisches Institut für Wirtschaftsforschung (WIFO)

Founder(s)	Friedrich Hayek, Ludwig von Mises
Established	1927
Mission	Analyses of economic developments
Focus	Economic research
Chair	Gabriel Felbermayr
Staff	124
Address	A-1030 Vienna – Austria, Arsenal, Objekt 20
Location	Arsenal (Vienna) , Vienna , Austria
Coordinates	48°10′53.68″N 16°23′23.78″E / 48.1815778°N 16.3899389°E / 48.1815778; 16.3899389
Website	www.wifo.ac.at

The Austrian Institute of Economic Research (German: Österreichisches Institut für Wirtschaftsforschung, WIFO) 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").^[1] With 124 employees (64 researchers, 30 research assistants, 30 administrative staff),^[2] 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),^[3] 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.