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This paper focuses on Austria's 2013 Article IV Consultation on economic development and policies related to labor … demand and supply. Austria taxes labor heavily, and this practice explains in particular the limited labor supply of low … of gross monthly wages. It analyzes that a comparatively high share of Austria's family benefits is monetary rather than …
Persistent link: https://www.econbiz.de/10014394684
This 2018 Article IV Consultation highlights that Austria's economic recovery is strong and broad-based. Following … several years of slow growth, Austria's output picked up markedly in 2017, and through early-2018. Output expanded by 3 …
Persistent link: https://www.econbiz.de/10014408342
Austria is highly vulnerable to spillovers from the war in Ukraine given its high dependence on energy imports from …
Persistent link: https://www.econbiz.de/10015060143
Persistent link: https://www.econbiz.de/10015058452
Strong policy responses have helped to mitigate the impact of the recent shocks. Output recovered rapidly from the pandemic and, in response to the energy price shock, the authorities made use of available fiscal room to mitigate its impact while preserving price signals to encourage lower gas...
Persistent link: https://www.econbiz.de/10015058453
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country
Persistent link: https://www.econbiz.de/10014411270
This Selected Issues paper presents a comparison on public expenditure of Austria and other countries. In the past … decade, Austria's government expenditure growth has been very steady, thus avoiding the boom-bust pattern of some other … highest component by far. Nevertheless, expenditure levels in Austria are relatively high, and the difference with Germany has …
Persistent link: https://www.econbiz.de/10014411511
The May 2011 Regional Economic Outlook: Europe anticipates that recovery in the region will solidify, with recoveries in advanced and emerging Europe likely to be mutually reinforcing. Advanced Europe continues to absorb most of emerging Europe's exports, while the role of emerging Europe as a...
Persistent link: https://www.econbiz.de/10014401402
Economic growth has tumbled across Europe, inflation remains too high, and financial sector risks have materialized. Taming sticky inflation while avoiding financial stress and a recession will require tighter macroeconomic policies-tailored to changing financial conditions, stronger financial...
Persistent link: https://www.econbiz.de/10015059592
This Financial Sector Stability Assessment report reviews economic development and different fiscal policies in Austria …. The global crisis has revealed weaknesses in Austria's financial stability policy framework, and recent changes at the …
Persistent link: https://www.econbiz.de/10014394686