Blankart, Charles B.; Fasten, Erik R. - In: Perspektiven der Wirtschaftspolitik 10 (2009) 1, pp. 39-59
Mutual debt liability of the German federal states (Länder) contributed to the large increase of public debt in Germany over the last half century. A commission eager to impose stricter debt limits on state budgets encountered opposition by the Länder. This article proposes the strengthening...
