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Fiskalmultiplikatoren in der Krise

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  • Heinz Handler

    (WIFO)

Abstract

Als wichtige Indikatoren für die Frage, ob Schuldnerländer eher mit fiskalischer Austerität oder Expansion aus einer Krise herausfinden können, gelten Fiskalmultiplikatoren. Sie erreichen in der Krise viel höhere Werte als in Normalzeiten; mit einer drastischen Budgetkonsolidierung könnte deshalb eine Abwärtsspirale im realen Sektor der Wirtschaft in Gang gesetzt werden. Erweist sich daher für ein Land eine Austeritätspolitik zunächst als unvermeidlich, so sollte sie nicht schockartig, sondern fließend einsetzen und in glaubwürdige, langfristig angelegte Fiskal- und Strukturreformen eingebettet sein.

Suggested Citation

  • Heinz Handler, 2013. "Fiskalmultiplikatoren in der Krise," WIFO Monatsberichte (monthly reports), WIFO, vol. 86(12), pages 977-984, December.
    • Handle: RePEc:wfo:monber:y:2013:i:12:p:977-984
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    References listed on IDEAS

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    Karl Aiginger 65 Jahre Fiskalpolitik;

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