Truger, Achim; Will, Henner - In: Revue de l'OFCE N° 127 (2013) 1, pp. 153-188
Many observers consider the German ?debt brake? beyond criticism. In the current crisis, many European countries have difficulties refinancing their budgets, while the German Treasury?s funding conditions are most favourable. The ?fiscal compact?s? call for the introduction of German-style ?debt...