Janger, Jürgen; Kwapil, Claudia; Pointner, Wolfgang - In: Monetary Policy & the Economy (2005) 3, pp. 48-65
In the period from 2001 to 2004, Austrian households' consumption expenditure increased by 0.9% per annum in real terms, thus growing 1.6 percentage points more slowly on average than in the period from 1989 to 2000. Subdued consumption growth is attributable not only to economic stagnation, but...
