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dc.contributor.authorHaber, Gottfrieden_US
dc.contributor.authorNeck, Reinharden_US
dc.date.accessioned2006-10-18en_US
dc.date.accessioned2009-07-28T08:13:01Z-
dc.date.available2009-07-28T08:13:01Z-
dc.date.issued2006en_US
dc.identifier.urihttp://hdl.handle.net/10419/25861-
dc.description.abstractSustainablity of Austrian public debt is investigated in the context of political objectives such as stabilizing the business cycle, increasing chances for being re-elected and implementing the ideologies of political parties. Several tests indicate that Austrian fiscal policies were sustainable in the period 1960–1974, while from 1975 on, public debt grew much more rapidly. The development of public debt in Austria seems to be driven not primarily by ideology, but by structural causes and a shift in the budgetary policy paradigm. We find some empirical evidence that governments in Austria dominated by one party run higher deficits than coalition governments. There are no indications of a political business cycle.en_US
dc.language.isoengen_US
dc.publisherCESifo Münchenen_US
dc.relation.ispartofseriesCESifo working paper 1816en_US
dc.subject.jelH6en_US
dc.subject.jelE6en_US
dc.subject.ddc330en_US
dc.subject.stwFinanzpolitiken_US
dc.subject.stwNachhaltige Entwicklungen_US
dc.subject.stwÖffentliche Schuldenen_US
dc.subject.stwZeitreihenanalyseen_US
dc.subject.stwÖsterreichen_US
dc.titleSustainability of Austrian public debt: a political economyen_US
dc.typeWorking Paperen_US
dc.identifier.ppn51888886Xen_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:CESifo Working Papers, CESifo Group Munich

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