Similar Search Results

Sustainability of German fiscal policy and public debt : historical and time series evidence for the period 1850-2010

Burret, Heiko T.; Feld, Lars P.; Köhler, Ekkehard A. - 2013

default. Due to a multitude of large scale events in its past, Germany is far from being an exception: In fact, Germany … Germany's public finances against the standard theoretical background using a unique database, retrieved from multiple sources … historical perception of Germany as the poster child of European public finance. Given these corresponding breaks in time series …

Persistent link: https://www.econbiz.de/10009709423

Panel cointegration tests on the fiscal sustainability of German Laender

Burret, Heiko T.; Feld, Lars P.; Köhler, Ekkehard A. - 2014

newly compiled database covering the years 1950 - 2011. Unlike previous studies on Germany, we analyze fiscal sustainability …

Persistent link: https://www.econbiz.de/10010388585

Fiscal sustainability of the German Laender : time series evidence

Burret, Heiko T.; Feld, Lars P.; Köhler, Ekkehard A. - 2014

Germany using an unprecedentedly comprehensive fiscal dataset for the time period from 1950 to 2011 for West German Laender …

Persistent link: https://www.econbiz.de/10010388609

Modeling fiscal sustainability in dynamic macro-panels with heterogeneous effects : evidence from German federal states

Feld, Lars P.; Köhler, Ekkehard A.; Wolfinger, Julia - 2018

In this paper, we extend Henning Bohn's (2008) fiscal sustainability test by allowing for slope heterogeneity and cross-sectional dependence (CD). In particular, our econometric approach is the first that allows fiscal reaction functions (FRF) to capture unobserved heterogeneous effects from...

Persistent link: https://www.econbiz.de/10011822075

The German productivity paradox : facts and explanations

Elstner, Steffen; Feld, Lars P.; Schmidt, Christoph M. - 2018

Despite massive digitization efforts, the German economy has experienced a marked slowdown in its productivity growth. This paper analyzes the reasons behind this disconcerting development. A major factor is the turnaround of the labor market that commenced around 2005. The successful...

Persistent link: https://www.econbiz.de/10011900858

Tax morale after the reunification of Germany : results from a quasi-natural experiment

Feld, Lars P. (contributor); Torgler, Benno (contributor) - 2007

Persistent link: https://www.econbiz.de/10003495768

Ordoliberalism, pragmatism and the Eurozone crisis : how the German tradition shaped economic policy in Europe

Feld, Lars P.; Köhler, Ekkehard A.; Nientiedt, Daniel - 2015 - This version: May 18, 2015

extent this contention holds and to what extent Germany pragmatically responded to different crisis phenomena. A proper …

Persistent link: https://www.econbiz.de/10010528303

Depressing dependence? : transfers and economic growth in the German States, 1975-2005

Baskaran, Thushyanthan; Feld, Lars P.; Necker, Sarah - 2016

Most countries pay substantial intergovernmental transfers to poor regions. Since these transfers are often paid with the aim of achieving regional convergence, they should have a positive effect on economic growth. However, it is equally possible that transfers perpetuate under-development by...

Persistent link: https://www.econbiz.de/10011522145

Do party ties increase transfer receipts in cooperative federalism? - evidence from Germany

Bury, Yannick; Feld, Lars P.; Köhler, Ekkehard A. - 2020

Cooperative fiscal federalism needs a multi-level consent to decide on the allocation of intergovernmental transfers. We study how parliamentary representation of municipalities on the federal level influences the allocation of federal transfers to municipal governments under this type of...

Persistent link: https://www.econbiz.de/10012291881

Skimming the achieved? : quantifying the fiscal incentives of the German fiscal equalization scheme and its reforms since 1970

Bury, Yannick; Feld, Lars P.; Burret, Heiko T. - 2024

Marginal rates of contribution (MRC), i.e., the rates at which additional revenues are skimmed via larger contributions or lower transfer receipts, quantify the incentives of a fiscal equalization scheme. The present paper is the first to calculate marginal rates of contribution for the Laender...

Persistent link: https://www.econbiz.de/10015050782