Long-term Trends of Level and Structure of Family Benefits in Austria
Margit Schratzenstaller
WIFO Bulletin, 2018, vol. 23, issue 8, 62-74
Abstract:
Family benefits in Austria, as a percentage of GDP, slightly exceed the OECD average. Monetary benefits largely dominate benefits in kind, although their share has decreased markedly since 2000. At the same time, several reforms within the monetary benefit system have encouraged fathers' involvement and improved the reconciliation of work and family for both parents. Austrian family benefits, in a narrower definition, have increased from 6.6 billion € in 2000 to nearly 10.3 billion € in 2016. At a ratio of 2.9 percent of GDP in 2016, family benefits have edged down from 3.1 percent in 2000 and have virtually stagnated since 2006. Since the population up to age 19 is in secular decline, per-capita family benefits follow a long-term upward trend, rising from 3,540 € per child in 2000 to almost 6,000 € nominal in 2016.
Keywords: Family Benefit Fund; Family policy; child care allowance; child care facilities; child cash benefit; family benefits (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:wfo:wblltn:y:2018:i:8:p:62-74
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