Against the backdrop of increasing efforts of the German federal and states’ governments to open up additional private financial sources for transport infrastucture construction this paper tries to give a comprehensive overview over transport-related public expenditures and revenues of the...

Eine nachhaltige Finanzpolitik kann man nur Bayern und Sachsen bescheinigen. Den übrigen Bundesländern gelingt es nicht, ihre Schulden im Verhältnis zum Bruttoinlandsprodukt zu stabilisieren oder zurückzufahren. Größter Haushaltssünder ist Berlin mit einer Nachhaltigkeitslücke von 6,38...

Mit der Entscheidung des Bundesverfassungsgerichts zum Länderfinanzausgleich steht auch die Berücksichtigung der Seehafenlasten der Küstenländer auf dem Prüfstand. Ökonomische Erwägungen sprechen dafür, die Belastungen dieser Länder durch Investitionen in die Hafeninfrastruktur künftig...

Budgetary revenues of the Land Berlin have been considerably high because of an external co-alimentation from the federal budget, both before and in the aftermath of German reunification. This support has contributed to a lack of discipline on the expenditure side of the budget of Berlin. In...

Dieser Beitrag enthält eine Bestandsaufnahme über öffentliche Transferleistungen zugunsten von Familien in Deutschland. Einbezogen werden sowohl familienspezifische Normen im Steuerrecht als auch Familien fördernde Geld- und Realtransfers aus den öffentlichen Haushalten. Letztere umfassen...

This paper deals with the influence of factor mobility on local infrastructure policy and rent-seeking activities of local interest groups. It employs a model where households differ with respect to their endowment with the immobile factor land. Local governments decide about the level of...

In the nineties, the German economy grew about half a percentage point less than the rest of the European Monetary Union (EMU). The paper deals with differences in fiscal policy as a potential reason for this. At least a part of the “growth gap” between Germany and the rest of the EMU can be...

Russia's foreign debt problems worsened substantially after the financial crisis of 1998. The paper focuses on the key role of the government in servicing foreign debt and promoting institution building by showing how foreign debt influences the choice between official and unofficial taxation....

In many countries, fiscal policy became strongly expansionary in order to fight the recession. Structural budget deficits increased sharply and might remain high after the end of the recession. This would raise real interest rates and would impair economic growth. Some measures to reduce the...

We project the path of the public debt and primary surpluses for a number of countries in the euro area under a fiscal rule based on a set of estimated fiscal policy reaction functions. Our fiscal rule represents a fiscal analogue to a well-known monetary policy rule, and it is calibrated using...