{"id":112324,"date":"2024-01-22T17:34:14","date_gmt":"2024-01-22T16:34:14","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/112324\/"},"modified":"2024-11-07T04:03:36","modified_gmt":"2024-11-07T03:03:36","slug":"fiscal-policy-tools-of-compensating-for-inflation","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/112324\/","title":{"rendered":"Fiscal Policy Tools of Compensating for Inflation"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-112324","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"Against the background of rising inflation, a number of proposals for fiscal policy measures to dampen the increase in consumer prices have been advanced in Austria. Generally speaking, fiscal policy cannot address the causes of inflation, but may contribute towards offsetting its redistributive effects. It has at its disposal measures influencing public revenues (changes in taxes, social security contributions or public charges) or expenditure (cash transfers or the provision of public services that may serve as substitutes for market goods and services showing abnormal price increases). They often put heavy claims on budgetary resources while mitigating only the impact of price hikes. Much more efficient is therefore policy action addressing the root causes of inflation.","onlinedate":"2008-12-02 01:00:00","lang":"English","publication_series":"","publication_date":"20081201","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[\"Inflation; Fiscal policy; fiscal drag; Austria\"]","jelcodes":"[]","related_publications":"[]","pdf":332320,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"13","monthly_report_pages":"144-155","monthly_report_pages_sort":"144","issue":"4","journal":"Austrian Economic Quarterly","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[183747],"research_groups":[3500],"collaboration":"","persons":[3830],"persons_data":"[{\"personId\":3830,\"personName\":\"Margit Schratzenstaller\",\"organisationNames\":[]}]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","citations":"{\"apa\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_apa rendering_contributiontoperiodical rendering_apa rendering_contributiontoperiodical_apa\\\"><span>Schratzenstaller, M.<\\\/span> (2008). <span>Fiscal Policy Tools of Compensating for Inflation<\\\/span>. <span><em>Austrian Economic Quarterly<\\\/em><\\\/span>, <em>13<\\\/em>(4), 144-155. <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/34559\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/34559<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>Schratzenstaller M<\\\/span>. <span class=\\\"title\\\"><span>Fiscal Policy Tools of Compensating for Inflation<\\\/span><\\\/span>. <span>Austrian Economic Quarterly<\\\/span>. 2008 Dec;13(4):144-155.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{56504fa8819a4a0899b101424ace8e07,<\\\/div><div>  title    = \\\"Fiscal Policy Tools of Compensating for Inflation\\\",<\\\/div><div>  abstract = \\\"Against the background of rising inflation, a number of proposals for fiscal policy measures to dampen the increase in consumer prices have been advanced in Austria. Generally speaking, fiscal policy cannot address the causes of inflation, but may contribute towards offsetting its redistributive effects. It has at its disposal measures influencing public revenues (changes in taxes, social security contributions or public charges) or expenditure (cash transfers or the provision of public services that may serve as substitutes for market goods and services showing abnormal price increases). They often put heavy claims on budgetary resources while mitigating only the impact of price hikes. Much more efficient is therefore policy action addressing the root causes of inflation.\\\",<\\\/div><div>  keywords = \\\"Inflation; Fiscal policy; fiscal drag; Austria, Inflation; Fiscal policy; fiscal drag; Austria\\\",<\\\/div><div>  author   = \\\"Margit Schratzenstaller\\\",<\\\/div><div>  note     = \\\"Inflation: Fiscal Policy\\\",<\\\/div><div>  year     = \\\"2008\\\",<\\\/div><div>  month    = dec,<\\\/div><div>  language = \\\"English\\\",<\\\/div><div>  volume   = \\\"13\\\",<\\\/div><div>  pages    = \\\"144--155\\\",<\\\/div><div>  journal  = \\\"Austrian Economic Quarterly\\\",<\\\/div><p>}<\\\/p><\\\/div>\",\"ris\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_ris rendering_contributiontoperiodical rendering_ris rendering_contributiontoperiodical_ris\\\"><p>TY  - GEN<\\\/p><p>T1  - Fiscal Policy Tools of Compensating for Inflation<\\\/p><p>AU  - Schratzenstaller, Margit<\\\/p><p>N1  - Inflation: Fiscal Policy<\\\/p><p>PY  - 2008\\\/12<\\\/p><p>Y1  - 2008\\\/12<\\\/p><p>N2  - Against the background of rising inflation, a number of proposals for fiscal policy measures to dampen the increase in consumer prices have been advanced in Austria. Generally speaking, fiscal policy cannot address the causes of inflation, but may contribute towards offsetting its redistributive effects. It has at its disposal measures influencing public revenues (changes in taxes, social security contributions or public charges) or expenditure (cash transfers or the provision of public services that may serve as substitutes for market goods and services showing abnormal price increases). They often put heavy claims on budgetary resources while mitigating only the impact of price hikes. Much more efficient is therefore policy action addressing the root causes of inflation.<\\\/p><p>AB  - Against the background of rising inflation, a number of proposals for fiscal policy measures to dampen the increase in consumer prices have been advanced in Austria. Generally speaking, fiscal policy cannot address the causes of inflation, but may contribute towards offsetting its redistributive effects. It has at its disposal measures influencing public revenues (changes in taxes, social security contributions or public charges) or expenditure (cash transfers or the provision of public services that may serve as substitutes for market goods and services showing abnormal price increases). They often put heavy claims on budgetary resources while mitigating only the impact of price hikes. Much more efficient is therefore policy action addressing the root causes of inflation.<\\\/p><p>KW  - Inflation; Fiscal policy; fiscal drag; Austria<\\\/p><p>KW  - Inflation; Fiscal policy; fiscal drag; Austria<\\\/p><p>M3  - WIFO series<\\\/p><p>VL  - 13<\\\/p><p>SP  - 144<\\\/p><p>EP  - 155<\\\/p><p>JO  - Austrian Economic Quarterly<\\\/p><p>JF  - Austrian Economic Quarterly<\\\/p><p>ER  - <\\\/p><\\\/div>\"}","scientific_assistance":"[]","scientific_review":"[]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Fiscal Policy Tools of Compensating for Inflation - WIFO<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.wifo.ac.at\/en\/publication\/112324\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fiscal Policy Tools of Compensating for Inflation\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wifo.ac.at\/en\/publication\/112324\/\" \/>\n<meta property=\"og:site_name\" content=\"WIFO\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/WIFOat\/\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-07T03:03:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.wifo.ac.at\/wp-content\/uploads\/2024\/05\/WIFO-Gebaeude-FotoAlexanderMueller-www.alexandermueller.at-IMG_6326-Bearbeitet-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1280\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@WIFOat\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/112324\\\/\",\"url\":\"https:\\\/\\\/www.wifo.ac.at\\\/en\\\/publication\\\/112324\\\/\",\"name\":\"Fiscal Policy Tools of Compensating for Inflation - 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