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Ist die Schweizer Fiskalpolitik prozyklisch oder antizyklisch

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Abstract

Gemäss einer Reihe älterer Untersuchungen wirkt in der Schweiz die Fiskalpolitik mehrheitlich prozyklisch. Im Gegensatz dazu fanden Schaltegger und Weder (2010) überwiegend antizyklische Effekte. Es stellt sich deshalb die Frage, ob diese vor kurzem erschienene Studie zu einer Neubewertung Anlass gibt. Wie im vorliegenden Beitrag ausgeführt wird, trifft dies nicht zu. Denn das stabilisierungspolitisch gesehen günstige Resultat dieser Untersuchung ist im Wesent - lichen auf die Verwendung einer nicht adäquaten Untersuchungsmethode zurückzuführen. Eine Analyse basierend auf dem methodisch überzeugenderen Konzept des «Cyclically Adjusted Budget» bestätigt die Resultate der früherer Studien, d.h. die schweizerische Fiskalpolitik wirkt in der Regel prozyklisch.

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  • Andres Frick, 2012. "Ist die Schweizer Fiskalpolitik prozyklisch oder antizyklisch," KOF Analysen, KOF Swiss Economic Institute, ETH Zurich, vol. 6(1), pages 93-102, March.
    • Handle: RePEc:kof:anskof:v:6:y:2012:i:1:p:93-102
    DOI: 10.3929/ethz-a-005427569
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    References listed on IDEAS

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    1. Thomas J. Jordan, 1994. "Der Stand der schweizerischen Fiskalpolitik. Eine Analyse anhand neuer Fiskalindikatoren," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 130(II), pages 193-206, June.
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    1. Eric Mottu, 1997. "De la (non-)soutenabilité des politiques budgétaires en Suisse," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 133(III), pages 395-420, September.
    2. Christoph A. Schaltegger & Martin Weder, 2010. "Fiskalpolitik als antizyklisches Instrument? Eine Betrachtung der Schweiz," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 11(2), pages 146-177, May.

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