Fiscal Policy Tools of Compensating for Inflation
Against the background of rising inflation, a number of proposals for fiscal policy measures to dampen the increase in consumer prices have been advanced in Austria. Generally speaking, fiscal policy cannot address the causes of inflation, but may contribute towards offsetting its redistributive effects. It has at its disposal measures influencing public revenues (changes in taxes, social security contributions or public charges) or expenditure (cash transfers or the provision of public services that may serve as substitutes for market goods and services showing abnormal price increases). They often put heavy claims on budgetary resources while mitigating only the impact of price hikes. Much more efficient is therefore policy action addressing the root causes of inflation.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 13 (2008)
Issue (Month): 4 (December)
|Contact details of provider:|| Postal: |
Phone: (+43 1) 798 26 01-0
Fax: (+43 1) 798 93 86
Web page: http://www.wifo.ac.at/
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Projektgruppe Gemeinschaftsdiagnose, 2007. "Aufschwung legt Pause ein," Ifo Schnelldienst, Ifo Institute for Economic Research at the University of Munich, vol. 60(20), pages 03-58, October.
When requesting a correction, please mention this item's handle: RePEc:wfo:wquart:y:2008:i:4:p:144-155. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ilse Schulz)
If references are entirely missing, you can add them using this form.