60—Miess, Schmelzer/SFC Model Austria—IHS Information about the Authors Michael Miess is a researcher in the group Financial Markets and Econometrics at the In- stitute for Advanced Studies (IHS), Vienna, as well as a research assistant at the International Institute for Applied Systems Analysis (IIASA) in Laxenburg, programs Risk and Resilience and Advanced Systems Analysis. Being an economist by training, his work concentrates on theo- retical and empirical macroeconomic modelling at the nexus between the financial and the real economy. Stefan Schmelzer is a researcher at the Institute for Advanced Studies (IHS), Vienna, and at the International Institute for Applied Systems Analysis (IIASA) in Laxenburg. His research focus lies on empirical modelling in macroeconomics and finance.