WIFO-Monatsberichte (monthly reports)

The WIFO-Monatsberichte (monthly reports) contain research results and publications by WIFO staff on national and international economic developments based on sound economic analyses. Additionally, important key figures on the international and Austrian economic situation are published in the WIFO-Monatsberichte.

Editorial Board
Jesús Crespo Cuaresma (Vienna University of Economics and Business)
Claudia Kemfert (German Institute for Economic Research)
Philipp Schmidt-Dengler (University of Vienna)
Jens Südekum (Heinrich Heine University Düsseldorf)
Andrea Weber (Central European University)

Online full-text issues available since 1927 – One-year subscription € 270, single issue € 27.50

Subscription form

Information for authors
 

Search for articlesAdvanced search

Show all

Details

Christian Glocker
Tiefe, jedoch kurze Rezession in Österreich. Prognose für 2020 und 2021 (Deep, but Short Recession in Austria. Economic Outlook for 2020 and 2021)
WIFO-Monatsberichte, 2020, 93(7), pp.503-517
Online since: 29.07.2020 10:00
PDF download
 
Die zur Eindämmung der Covid-19-Pandemie getroffenen Maßnahmen führen in Österreich zu einer Rezession. Mit –7,0% (gegenüber dem Vorjahr) sinkt die Wirtschaftsleistung 2020 deutlich stärker als in der Finanzmarkt- und Wirtschaftskrise 2008/09. Der Tiefpunkt scheint bereits durchschritten zu sein, die Rezession wird somit kurz sein. Dennoch wird die Wirtschaftsleistung am Ende des Prognosezeitraumes (Ende 2021) das Vorkrisenniveau noch nicht wieder erreicht haben.
JEL-Codes:E32, E66
Keywords:Konjunkturbericht, Konjunkturprognose
Research group:Macroeconomics and Public Finance
Language:German
Deep, but Short Recession in Austria. Economic Outlook for 2020 and 2021
The measures adopted to contain the COVID-19 pandemic give rise to a recession in Austria. With a slump by 7.0 percent year-on-year, demand and output will contract even more sharply in 2020 than during the economic and financial market crisis of 2008-09. Since the trough now appears to have been passed, the recession promises to be short. Nevertheless, GDP will still not be back to its pre-crisis level by the end of the projection horizon (end of 2021).
Back

Contact persons

 
Hans Pitlikback to list

apl. Prof. Dr. Hans Pitlik

Function: Senior Economist, Editor-in-chief WIFO-Monatsberichte and WIFO Reports on Austria
Tatjana Weberback to list

Tatjana Weber

Activities: Publications, website, subscriptions
Tamara Fellingerback to list

Tamara Fellinger

Activities: Publications, website, subscriptions