Schratzenstaller, Margit - In: Austrian Economic Quarterly 10 (2005) 1, pp. 23-39
The 2004-05 tax reform and the after-effects of the stimulus packages, which were introduced as a counter-measure to the weak economic growth during the past three years, will increase the overall budget deficit to 1.9 percent of GDP in 2005. Transfer expenditures will gain in weight again. The...