Arbeitspapier
Sustainability of Austrian public debt: a political economy
Sustainablity of Austrian public debt is investigated in the context of political objectives such as stabilizing the business cycle, increasing chances for being re-elected and implementing the ideologies of political parties. Several tests indicate that Austrian fiscal policies were sustainable in the period 19601974, while from 1975 on, public debt grew much more rapidly. The development of public debt in Austria seems to be driven not primarily by ideology, but by structural causes and a shift in the budgetary policy paradigm. We find some empirical evidence that governments in Austria dominated by one party run higher deficits than coalition governments. There are no indications of a political business cycle.
- Sprache
-
Englisch
- Erschienen in
-
Series: CESifo Working Paper ; No. 1816
- Klassifikation
-
Wirtschaft
- Thema
-
Finanzpolitik
Nachhaltige Entwicklung
Öffentliche Schulden
Zeitreihenanalyse
Österreich
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Haber, Gottfried
Neck, Reinhard
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2006
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Haber, Gottfried
- Neck, Reinhard
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2006
Ähnliche Objekte (12)
Political Economy of Immigration and Fiscal Sustainability
The political economy of the international debt crisis
Public Debt and the Political Economy of Reforms
Public debt and the political economy of reforms
The political economy of the international debt crisis
Environmental Pollution & the Political Economy of Public Debt
State Capacity and Public Debt: A political economy analysis
The political economy of euro area sovereign debt restructuring
The Political Economy of Domestic and External Sovereign Debt
The political economy of euro area sovereign debt restructuring
The political economy of euro area sovereign debt restructuring
The Political Economy of Public Debt Management. Institutional Setting and Political Influence
Political Economy of Immigration and Fiscal Sustainability
The political economy of the international debt crisis
Public Debt and the Political Economy of Reforms
Public debt and the political economy of reforms
The political economy of the international debt crisis
Environmental Pollution & the Political Economy of Public Debt
State Capacity and Public Debt: A political economy analysis
The political economy of euro area sovereign debt restructuring
The Political Economy of Domestic and External Sovereign Debt
The political economy of euro area sovereign debt restructuring
The political economy of euro area sovereign debt restructuring
The Political Economy of Public Debt Management. Institutional Setting and Political Influence
Political Economy of Immigration and Fiscal Sustainability
The political economy of the international debt crisis
Public Debt and the Political Economy of Reforms
Public debt and the political economy of reforms
The political economy of the international debt crisis
Environmental Pollution & the Political Economy of Public Debt
State Capacity and Public Debt: A political economy analysis
The political economy of euro area sovereign debt restructuring
The Political Economy of Domestic and External Sovereign Debt
The political economy of euro area sovereign debt restructuring
The political economy of euro area sovereign debt restructuring