Fiscal consolidation, growth and (un)employment

Client/Funding Institution

Dezernat Zukunft

Abstract

wiiw conducts policy-relevant research to support Austrian fiscal policy-makers in designing fiscal consolidation strategies that minimise negative effects on growth and employment while maximising public and climate investment within EU fiscal rules. Key project areas include the macroeconomic and labour market effects of fiscal consolidation, the composition of past consolidation packages, conditions for successful austerity, and fiscal space in Austria. Outputs include academic papers, policy briefs, reports, op-eds, and direct engagement with policy-makers to translate research into actionable insights.

Duration

January 2026 - December 2027

wiiw team Leader

Philipp Heimberger

wiiw Staff

Cara Dabrowski, Meryem Gökten, Philipp Heimberger, Magdalena Höllhuber, Anna Matzner, Bernhard Schütz

Keywords: Fiscal consolidation, Macroeconomic effects, Employment, Public investment, Climate investment, Fiscal rules, Austria

Countries covered: Austria, EU

Research Areas: Macroeconomic Analysis and Policy

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