{"id":117608,"date":"2024-01-22T20:36:04","date_gmt":"2024-01-22T19:36:04","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/117608\/"},"modified":"2024-11-07T04:48:26","modified_gmt":"2024-11-07T03:48:26","slug":"the-draft-federal-budget-2013-consolidation-path-subject-to-uncertainties","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/117608\/","title":{"rendered":"The Draft Federal Budget 2013: Consolidation Path Subject to Uncertainties"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-117608","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"The draft federal budget for 2013 needs to reconcile a substantial move towards fiscal consolidation with a reinforcement of spending in areas crucial for long-term growth of income and employment. The government debt ratio is expected to peak at 75.4 percent of GDP in 2013 and decline subsequently to below 71 percent by 2016. The government deficit (Maastricht definition) is to be brought below 3 percent of GDP in 2013 in compliance with the recommendation of the Excessive Deficit Procedure for Austria. Public support measures to banks in distress have so far boosted the deficit by a total \u20ac 4 billion; an additional \u20ac 800 million are provided for in the budget for 2013.","onlinedate":"2013-04-30 02:00:00","lang":"English","publication_series":"","publication_date":"20130501","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[]","jelcodes":"[]","related_publications":"[]","pdf":347514,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"18","monthly_report_pages":"49-64","monthly_report_pages_sort":"49","issue":"1","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> (2013). <span>The Draft Federal Budget 2013: Consolidation Path Subject to Uncertainties<\\\/span>. <span><em>Austrian Economic Quarterly<\\\/em><\\\/span>, <em>18<\\\/em>(1), 49-64. <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/46698\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/46698<\\\/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>The Draft Federal Budget 2013: Consolidation Path Subject to Uncertainties<\\\/span><\\\/span>. <span>Austrian Economic Quarterly<\\\/span>. 2013 May;18(1):49-64.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{63958b022f044035b5af7e38168ddaf9,<\\\/div><div>  title    = \\\"The Draft Federal Budget 2013: Consolidation Path Subject to Uncertainties\\\",<\\\/div><div>  abstract = \\\"The draft federal budget for 2013 needs to reconcile a substantial move towards fiscal consolidation with a reinforcement of spending in areas crucial for long-term growth of income and employment. The government debt ratio is expected to peak at 75.4 percent of GDP in 2013 and decline subsequently to below 71 percent by 2016. The government deficit (Maastricht definition) is to be brought below 3 percent of GDP in 2013 in compliance with the recommendation of the Excessive Deficit Procedure for Austria. Public support measures to banks in distress have so far boosted the deficit by a total \u20ac 4 billion; an additional \u20ac 800 million are provided for in the budget for 2013.\\\",<\\\/div><div>  author   = \\\"Margit Schratzenstaller\\\",<\\\/div><div>  year     = \\\"2013\\\",<\\\/div><div>  month    = may,<\\\/div><div>  language = \\\"English\\\",<\\\/div><div>  volume   = \\\"18\\\",<\\\/div><div>  pages    = \\\"49--64\\\",<\\\/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  - The Draft Federal Budget 2013: Consolidation Path Subject to Uncertainties<\\\/p><p>AU  - Schratzenstaller, Margit<\\\/p><p>PY  - 2013\\\/5<\\\/p><p>Y1  - 2013\\\/5<\\\/p><p>N2  - The draft federal budget for 2013 needs to reconcile a substantial move towards fiscal consolidation with a reinforcement of spending in areas crucial for long-term growth of income and employment. The government debt ratio is expected to peak at 75.4 percent of GDP in 2013 and decline subsequently to below 71 percent by 2016. The government deficit (Maastricht definition) is to be brought below 3 percent of GDP in 2013 in compliance with the recommendation of the Excessive Deficit Procedure for Austria. Public support measures to banks in distress have so far boosted the deficit by a total \u20ac 4 billion; an additional \u20ac 800 million are provided for in the budget for 2013.<\\\/p><p>AB  - The draft federal budget for 2013 needs to reconcile a substantial move towards fiscal consolidation with a reinforcement of spending in areas crucial for long-term growth of income and employment. The government debt ratio is expected to peak at 75.4 percent of GDP in 2013 and decline subsequently to below 71 percent by 2016. The government deficit (Maastricht definition) is to be brought below 3 percent of GDP in 2013 in compliance with the recommendation of the Excessive Deficit Procedure for Austria. 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