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Austria: Selected Issues and Statistical Appendix

International Monetary Fund

No 1998/107, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper and Statistical Appendix presents estimates of potential output and the output gap for Austria to identify the scope for sustainable noninflation growth and allow an assessment of the current stance of macroeconomic policies. The estimates of the cyclical fluctuations in Austria are compared with those of the other countries of the European Union to provide the basis for an assessment of the relative economic benefits and constraints for Austria in the context of its participation in European Monetary Union, both in the short and longer term.

Keywords: ISCR; CR; Austria; wage; fiscal policy; EU country; pension expenditure; production function approach; percent of GDP; output gap estimate; demand and supply; interest rate; HP filter; Stock markets; Commercial banks; Pension spending; Unemployment; Labor markets; Central and Eastern Europe; Eastern Europe; Europe; Global (search for similar items in EconPapers)
Pages: 148
Date: 1998-10-28
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Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:1998/107

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