Austria: Selected Issues and Statistical Appendix

October 28, 1998

Summary

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.

Subject: Banking, Commercial banks, Expenditure, Financial institutions, Financial markets, Labor, Labor markets, Output gap, Pension spending, Stock markets, Unemployment

Keywords: Austria, Central and Eastern Europe, Commercial banks, CR, demand and supply, Eastern Europe, EU country, Europe, fiscal policy, Global, HP filter, interest rate, ISCR, Labor markets, output gap estimate, pension expenditure, Pension spending, percent of GDP, production function approach, Stock markets, Unemployment, wage

Pages:
148
Volume:
1998
DOI:
https://doi.org/10.5089/9781451802313.002
Issue:
107
Series:
Country Report No. 1998/107
Stock No:
1AUTEA0021998
ISBN:
9781451802313
ISSN:
1934-7685

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