In this paper we analyze the sustainability of public finances in the states (Laender) of the Federal Republic of … Germany using an unprecedentedly comprehensive fiscal dataset for the time period from 1950 to 2011 for West German Laender … and 1991 to 2011 for East German Laender, respectively. In order to assess the fiscal sustainability of the (Laender) we …

newly compiled database covering the years 1950]2011. Unlike previous studies on Germany, we analyze fiscal sustainability …This paper provides new evidence on the sustainability of public finances in German states (Laender) by exploiting a … by applying gsecond generationh panel cointegration techniques. A unique identification strategy for the selection of sub …

Fiscal sustainability tests have largely ignored the institutional setting of fiscal policy making. Fiscal equalization … policies taking into account fiscal equalization transfers. Using panel data techniques we assess fiscal sustainability by …

sustainability if long-term interest rates rise. Bringing back public debt to 60% of GDP even by 2030 would require a fiscal effort …

]torical analysis, we conduct formal tests on fiscal sustainability, including tests on stationarity and cointegration and the … debt crisis has prompted a fundamental re]evaluation of public debt sustainability and the looming threat of sovereign debt … default. Due to a multitude of large scale events in its past, Germany is far from being an exception: In fact, Germanyfs …

examining cantonal aggregated and disaggregated local data. A Difference]in]Differences estimation (two-way fixed effects …