
Opinions expressed by the authors of studies do not necessarily reflect the official viewpoint of the Oesterreichische Nationalbank or of the Eurosystem.
The OeNB’s quarterly publication Monetary Policy and the Economy provides analyses of cyclical developments, macroeconomics forecasts, studies on central banking and economic policy topics as well as research findings from macroeconomics workshops and conferences organized by the OeNB.

Opinions expressed by the authors of studies do not necessarily reflect the official viewpoint of the Oesterreichische Nationalbank or of the Eurosystem.
Monetary Policy and the Economy Q2/09 (2244 KB)
Monetary Policy and the Economy Q2/09 – chapters
Economic Crisis Unleashes Deep Recession in Austria – Stabilization Expected at Year-End (771 KB)
Ragacs, Vondra – Monetary Policy and the Economy Q2/09
Inflation Expectations – Role and Measurement for Monetary Policy (672 KB)
Gnan, Scharler, Silgoner – Monetary Policy and the Economy Q2/09
Responses of Austrian Firms to a Decline in Demand – Results of a Company Survey (656 KB)
Kwapil – Monetary Policy and the Economy Q2/09
The Role of Exchange Rate Movements for Prices in the Euro Area (1107 KB)
Gaggl – Monetary Policy and the Economy Q2/09
Housing Wealth of Austrian Households (691 KB)
Fessler, Mooslechner, Schürz, Wagner – Monetary Policy and the Economy Q2/09
Gnan, Raunig – Monetary Policy and the Economy Q2/09
Overview