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Private Consumption Becomes Strengthening Support to Growth due to Tax Cuts and Easing Inflation. Medium-term Projections for the Austrian Economy from 2008 to 2012

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  • Josef Baumgartner

    (WIFO)

  • Serguei Kaniovski

    (WIFO)

  • Ewald Walterskirchen

    (WIFO)

Abstract

Between 2008 and 2012, real GDP in Austria will grow at an annual average rate of 2.3 percent. From 2010 onwards, the Austrian economy is expected to benefit from tax cuts and an economic recovery in the euro area.

Suggested Citation

  • Josef Baumgartner & Serguei Kaniovski & Ewald Walterskirchen, 2008. "Private Consumption Becomes Strengthening Support to Growth due to Tax Cuts and Easing Inflation. Medium-term Projections for the Austrian Economy from 2008 to 2012," Austrian Economic Quarterly, WIFO, vol. 13(2), pages 73-83, July.
  • Handle: RePEc:wfo:wquart:y:2008:i:2:p:73-83
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    References listed on IDEAS

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    1. Markus Marterbauer, 2008. "Financial Market Crisis Weighing on Economic Growth. Economic Outlook for 2008 and 2009," Austrian Economic Quarterly, WIFO, vol. 13(2), pages 53-64, April.
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