Lehner, Gerhard; Schratzenstaller, Margit - In: Austrian Economic Quarterly 8 (2003) 3, pp. 102-117
A stagnating economy and a marked rise in unemployment prevented the attainment of a balanced public budget in 2002. Because of the persistent cyclical weakness and of the tax reform envisaged for 2004-05, a balanced budget position will be achieved only after 2007. In spite of a noticeable...