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Germany and the euroland crisis : the making of a vulnerable haven

Bibow, Jörg - 2013

This paper investigates Germany's vulnerability to the ongoing Euroland crisis. In 2010-11, Germany experienced a … remains uncertain no matter what European Central Bank President Mario Draghi may promise. Germany's "safe haven" status may … worsen German competitiveness and the German economy would crater as a result. Additional wealth losses on Germany …

Persistent link: https://www.econbiz.de/10009757118

Fiscal rules and compliance expectations : evidence for the German debt brake

Heinemann, Friedrich; Janeba, Eckhard; Schröder, Christoph - 2014

Fiscal rules have become popular to limit deficits and high debt burdens in industrialized countries. A growing literature examines their impact based on aggregate fiscal performance. So far, no evidence exists on how fiscal rules influence deficit expectations of fiscal policy makers. In the...

Persistent link: https://www.econbiz.de/10010357588

Public attitudes toward fiscal consolidation : evidence from a representative German population survey

Hayo, Bernd; Neumeier, Florian - 2014

Persistent link: https://www.econbiz.de/10010358252

Öffentliche Finanzen dauerhaft sanieren - in Deutschland und Europa

Donges, Juergen B.; Eekhoff, Johann; Feld, Lars P.; … - 2010

Die steigende Staatsverschuldung in Deutschland und Europa ist höchst besorgniserregend. Da eine hohe Verschuldung mit … Weiterentwicklung des rechtlichen Rahmens in Deutschland und Europa. Hierzu zählen die Härtung des Stabilitäts- und Wachstumspakts, die …

Persistent link: https://www.econbiz.de/10010382320

The debt brake in the eyes of the German population

Hayo, Bernd; Neumeier, Florian - 2014 - This version: 23 June 2014

In response to the recent sovereign debt crisis, the member states of the European Union agreed to enact balanced budget rules in their national legislation. However, little is known about the public's opinion of balanced budget rules. To fill this gap, we conducted a survey among 2,000...

Persistent link: https://www.econbiz.de/10010386575

Will the German debt brake succeed? : survey evidence from state politicians ; conference paper

Heinemann, Friedrich; Janeba, Eckhard; Schröder, Christoph - 2013 - Work in progress

The present paper analyzes expectations of German politicians about the German debt brake (Schuldenbremse), which became part of the German constitution in 2009. This fiscal rule requires the federal government and the German states to run a (cyclically adjusted) budget deficit of no more than...

Persistent link: https://www.econbiz.de/10010336744

Experiences with budget rules in Switzerland and Germany

Hausner, Karl Heinz; Simon, Silvia - In: Intereconomics : review of European economic policy 50 (2015) 2, pp. 99-107

The Swiss debt brake served as a model for the new German budget rule. The two tools share the long-term goal of rendering fiscal policy sustainable by stabilising nominal debt as well as the short-term goal of smoothing the economic cycle. Debt brakes thus act as an automatic stabiliser within...

Persistent link: https://www.econbiz.de/10010505075

Fiscal supervision and the soft budget constraint : evidence from Germany ; conference paper

Christofzik, Désirée I.; Kessing, Sebastian - 2014

supervision over municipal budgeting on local debt using a panel on municipalities in Germany's most populous state of North Rhine …

Persistent link: https://www.econbiz.de/10010482500

Altschuldenentlastung der Bundesländer : Verteilungswirkungen ausgewählter Vorschläge

Ragnitz, Joachim - In: Wirtschaftsdienst : Zeitschrift für Wirtschaftspolitik 94 (2014) 9, pp. 631-637

to keep the so-called solidarity surcharge that was originally introduced to finance transfers to East Germany. …

Persistent link: https://www.econbiz.de/10010408334

Fiscal Institutions and Sustainability of Public Debt in Germany

Höppner, Florian - 2012

Höppner and Kastrop examine the role of fiscal institutions and budgetary procedures in Germany with respect to the … developments in Germany in recent decades. It also examines budgetary prospects, pointing to the increasing share of public …

Persistent link: https://www.econbiz.de/10013105885