{"id":55391,"date":"2023-12-01T18:45:02","date_gmt":"2023-12-01T17:45:02","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/makrooekonomische-effekte-des-zweiten-lockdown-in-oesterreich\/"},"modified":"2024-11-07T06:23:12","modified_gmt":"2024-11-07T05:23:12","slug":"makrooekonomische-effekte-des-zweiten-lockdown-in-oesterreich","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/55391\/","title":{"rendered":"Macroeconomic Effects of the Second Lockdown in Austria"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-55391","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"The economy is expected to shrink by 7.7 percent in 2020, instead of 6.8 percent as forecast in October. 0.6 percentage points of this additional slump are attributable to the hotel and restaurant sector, the rest mainly to (voluntary) consumption cuts in other sectors. In 2021, GDP is expected to expand by only 2.8 percent instead of 4.4 percent according to the WIFO forecast of October 2020. The GDP contribution from hotels and restaurants, however, will increase by 0.3 percentage points. While tourism should benefit from the current tightening next year, there will be negative consequences for the economy as a whole.","onlinedate":"2020-11-05 12:00:00","lang":"German","publication_series":"","publication_date":"20201101","publication_date_year":"","publication_date_full":false,"publication_num_pages":"11","keywords":"[]","jelcodes":"[]","related_publications":"[]","pdf":385525,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"17","journal":"WIFO Research Briefs","publisher":"","invisible":false,"external":false,"embargo_date":"2020-11-05 12:00:00","types":[44390],"research_groups":[3500,3510],"collaboration":"","persons":[3530,3903,3792,3865],"persons_data":"[{\"personId\":3530,\"personName\":\"Josef Baumgartner\",\"organisationNames\":[]},{\"personId\":3903,\"personName\":\"Walter Hyll\",\"organisationNames\":[]},{\"personId\":3792,\"personName\":\"Hans Pitlik\",\"organisationNames\":[]},{\"personId\":3865,\"personName\":\"Stefan Schiman\",\"organisationNames\":[]}]","clients":[],"subclients":[],"partners":[],"topics":[41281],"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 v27.3 (Yoast SEO v27.3) - 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