{"id":113030,"date":"2024-01-22T17:49:55","date_gmt":"2024-01-22T16:49:55","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/113030\/"},"modified":"2024-11-07T04:09:39","modified_gmt":"2024-11-07T03:09:39","slug":"draft-federal-budget-2009-10-and-financial-framework-2009-to-2013","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/113030\/","title":{"rendered":"Draft Federal Budget 2009-10 and Financial Framework 2009 to 2013"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-113030","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"The current crisis makes for the most difficult macro-economic environment for fiscal policy since the Second World War. The ratio of the general government deficit and of government debt to GDP each rise markedly above the \"Maastricht\" reference value. The structural (cyclically-adjusted) deficit also widens, since policy has taken measures on both the expenditure and revenue side beyond the cyclically-induced higher spending and revenue shortfalls. Over the medium term, pensions and other transfers will increase as share of total federal outlays. Wage tax and sales tax (VAT) will make a growing contribution to the joint federal revenues, whereas the share of profit taxes will decline noticeably.","onlinedate":"2009-09-30 02:00:00","lang":"English","publication_series":"","publication_date":"20090901","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[\"Draft Federal Budget; Financial Framework; Fiscal policy; Austria\"]","jelcodes":"[]","related_publications":"[]","pdf":334510,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"14","monthly_report_pages":"154-172","monthly_report_pages_sort":"154","issue":"3","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> (2009). <span>Draft Federal Budget 2009-10 and Financial Framework 2009 to 2013<\\\/span>. <span><em>Austrian Economic Quarterly<\\\/em><\\\/span>, <em>14<\\\/em>(3), 154-172. <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/36923\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/36923<\\\/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>Draft Federal Budget 2009-10 and Financial Framework 2009 to 2013<\\\/span><\\\/span>. <span>Austrian Economic Quarterly<\\\/span>. 2009 Sept;14(3):154-172.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{2c3131fbfacb44ecae649877dd68d287,<\\\/div><div>  title    = \\\"Draft Federal Budget 2009-10 and Financial Framework 2009 to 2013\\\",<\\\/div><div>  abstract = \\\"The current crisis makes for the most difficult macro-economic environment for fiscal policy since the Second World War. The ratio of the general government deficit and of government debt to GDP each rise markedly above the {\\\"}Maastricht{\\\"} reference value. The structural (cyclically-adjusted) deficit also widens, since policy has taken measures on both the expenditure and revenue side beyond the cyclically-induced higher spending and revenue shortfalls. Over the medium term, pensions and other transfers will increase as share of total federal outlays. Wage tax and sales tax (VAT) will make a growing contribution to the joint federal revenues, whereas the share of profit taxes will decline noticeably.\\\",<\\\/div><div>  keywords = \\\"Draft Federal Budget; Financial Framework; Fiscal policy; Austria, Draft Federal Budget; Financial Framework; Fiscal policy; Austria\\\",<\\\/div><div>  author   = \\\"Margit Schratzenstaller\\\",<\\\/div><div>  note     = \\\"Draft Federal Budget 2009-10\\\",<\\\/div><div>  year     = \\\"2009\\\",<\\\/div><div>  month    = sep,<\\\/div><div>  language = \\\"English\\\",<\\\/div><div>  volume   = \\\"14\\\",<\\\/div><div>  pages    = \\\"154--172\\\",<\\\/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  - Draft Federal Budget 2009-10 and Financial Framework 2009 to 2013<\\\/p><p>AU  - Schratzenstaller, Margit<\\\/p><p>N1  - Draft Federal Budget 2009-10<\\\/p><p>PY  - 2009\\\/9<\\\/p><p>Y1  - 2009\\\/9<\\\/p><p>N2  - The current crisis makes for the most difficult macro-economic environment for fiscal policy since the Second World War. The ratio of the general government deficit and of government debt to GDP each rise markedly above the \\\"Maastricht\\\" reference value. The structural (cyclically-adjusted) deficit also widens, since policy has taken measures on both the expenditure and revenue side beyond the cyclically-induced higher spending and revenue shortfalls. Over the medium term, pensions and other transfers will increase as share of total federal outlays. Wage tax and sales tax (VAT) will make a growing contribution to the joint federal revenues, whereas the share of profit taxes will decline noticeably.<\\\/p><p>AB  - The current crisis makes for the most difficult macro-economic environment for fiscal policy since the Second World War. The ratio of the general government deficit and of government debt to GDP each rise markedly above the \\\"Maastricht\\\" reference value. 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