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dc.contributor.authorHaber, Gottfrieden
dc.contributor.authorNeck, Reinharden
dc.date.accessioned2006-10-18-
dc.date.accessioned2009-07-28T08:13:01Z-
dc.date.available2009-07-28T08:13:01Z-
dc.date.issued2006-
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
dc.language.isoengen
dc.publisher|aCenter for Economic Studies and ifo Institute (CESifo) |cMunichen
dc.relation.ispartofseries|aCESifo Working Paper |x1816en
dc.subject.jelH6en
dc.subject.jelE6en
dc.subject.ddc330en
dc.subject.stwFinanzpolitiken
dc.subject.stwNachhaltige Entwicklungen
dc.subject.stwÖffentliche Schuldenen
dc.subject.stwZeitreihenanalyseen
dc.subject.stwÖsterreichen
dc.titleSustainability of Austrian public debt: a political economy-
dc.typeWorking Paperen
dc.identifier.ppn51888886Xen
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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