{"id":122854,"date":"2024-01-23T08:07:11","date_gmt":"2024-01-23T07:07:11","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/122854\/"},"modified":"2024-11-07T05:20:44","modified_gmt":"2024-11-07T04:20:44","slug":"stimulating-effects-of-tax-cuts-dampened-by-counter-financing-measures-economic-outlook-for-2015-and-2016-2","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/122854\/","title":{"rendered":"Stimulating Effects of Tax Cuts Dampened by Counter-Financing Measures. Economic Outlook for 2015 and 2016"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-122854","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"At a projected rate of 0.5 percent for 2015, GDP growth in Austria remains subdued for the fourth consecutive year. With intra-EU trade picking up in 2016, domestic growth should accelerate to 1.3 percent. Exports will also be sustained by the significant depreciation of the euro. The tax reform 2015-16 will give support to private demand, while restraining public consumption. The moderate pace of growth over the projection period will not bring the rise in unemployment to a halt.","onlinedate":"2015-09-07 12:00:00","lang":"English","publication_series":"","publication_date":"20150901","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[\"Business Cycle\",\"Economic Outlook\",\"Forecast\"]","jelcodes":"[]","related_publications":"[]","pdf":359684,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"20","monthly_report_pages":"145-155","monthly_report_pages_sort":"145","issue":"13","journal":"WIFO Bulletin","publisher":"","invisible":false,"external":false,"embargo_date":"2015-09-07 12:00:00","types":[50590],"research_groups":[3500],"collaboration":"","persons":[3865],"persons_data":"[{\"personId\":3865,\"personName\":\"Stefan Schiman\",\"organisationNames\":[]}]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","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 v26.5 (Yoast SEO v26.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stimulating Effects of Tax Cuts Dampened by Counter-Financing Measures. 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