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This paper surveys the empirical research on fiscal institutions of the last three decades. The main results are: (i) Constitutional or statutory fiscal limitations have in most cases proved to be effective in cutting down public expenditure, revenue, and debt. (ii) Budgetary proce-dures matter...
Persistent link: https://www.econbiz.de/10005094328
Income inequality in Germany has been continuously increasing during the past 20 years. In general, this is understood …
Persistent link: https://www.econbiz.de/10008727303
government’s popularity. This was true for Germany as well, but it does not seem to hold any longer. This paper first reviews the … price stability in Germany. …
Persistent link: https://www.econbiz.de/10008572588