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Staatsverschuldung wissen wir recht viel darüber, was Experten (z. B. Finanzpolitiker/‌-‍wissenschaftler) von Haushaltskonsolidierung …
Persistent link: https://www.econbiz.de/10012155253
Haushaltspolitik. Eine Zerlegung der Entwicklung der Staatsverschuldung seit dem Jahr 2010 zeigt, dass der Schuldenabbau in Deutschland …" noch der Vorwurf, Deutschland sei nur auf Haushaltsdisziplin "versessen", wirklich zutreffend. Die Entwicklungen in den … Konsolidierung bei gleichzeitig hohem Wirtschaftswachstum - also einem sog. "expansionary fiscal adjustment" – stellt Deutschland …
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Debt-to-GDP ratios have grown to unprecedented levels in many industrialized economies. This requires disciplined consolidation efforts which are, however, supposed to come now at the wrong time with the economic recovery being fragile. Against this background, we call for a global debt brake...
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This policy brief reexamines the effects of the Greek austerity experiment on its economy via a counterfactual analysis. We combine the fiscal multipliers from the meta regression analysis in Gechert and Rannenberg (2014) to the fiscal consolidation measures that have been implemented in Greece...
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This paper connects two salient economic features: (i) Fiscal shocks have asymmetric effects across business cycle phases (Gechert et al., 2019); (ii) Okun's coefficient is time varying and may be unstable. The intertwined dynamic behavior of fiscal shocks and unemployment-output trade-offs are...
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