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Defining the welfare state is not a simpleminded task. Actually, there are numerous definitions which try to reflect at least some of the basic characteristics of the welfare state or its objectives and its functions. For some, there is primarily an institutional parameter, for others there are...
Persistent link: https://www.econbiz.de/10015260347
The sharp rise in energy prices represents a considerable structural risk to the German economy. Deindustrialisation has become a veritable threat. The government’s economic policy needs to establish positive expectations for energy costs in the medium term through interventions in the gas and...
Persistent link: https://www.econbiz.de/10013415683
• This study analyzes capital market reactions to Germany's recent announcement of loosening fiscal restrictions for … indicate that markets interpret Germany's fiscal expansion as growth-enhancing rather than a reckless fiscal bet. • The … across all UK asset classes, Germany's announcement has seen positive market reception across different asset classes …
Persistent link: https://www.econbiz.de/10015327818
• This study analyzes capital market reactions to Germany's recent announcement of loosening fiscal restrictions for … indicate that markets interpret Germany's fiscal expansion as growth-enhancing rather than a reckless fiscal bet. • The … across all UK asset classes, Germany's announcement has seen positive market reception across different asset classes …
Persistent link: https://www.econbiz.de/10015331362
group of scholars appointed by Germany’s National Academy of Science. The 11 authors of the report embarked on their task in … brake” inserted into Germany’s constitution in 2009. …
Persistent link: https://www.econbiz.de/10011312257
the budget balance. The results show that stock-flow adjustments increased before elections. In Germany, stock … outside the core budget. Chapter 6 describes special funds in Germany and elaborates upon the purposes for which special funds …
Persistent link: https://www.econbiz.de/10011742833
Der Wahlkampf zur Bundestagswahl 2021 bringt verschiedene Forderungen an den zukünftigen Bundeshaushalt mit sich. So muss dieser in der kommenden Legislaturperiode womöglich die "Mütterrente" finanzieren, die EEG-Umlage übernehmen, den Anstieg der Sozialbeitragsquote über 40 Prozent...
Persistent link: https://www.econbiz.de/10012618690
With its judgement on the federal budget, the German Federal Constitutional Court has thrown the government's financial planning into disarray. Important public investments are at stake, as the debt brake sets tight limits for the treasury and debt-financed shadow budgets. But the green...
Persistent link: https://www.econbiz.de/10014474309
Der Schuldenstand des deutschen Staates wächst in der Pandemie auf voraussichtlich 2,7 Billionen Euro im Jahr 2022. Der Zenit der Schuldenstandquote wird bereits Ende dieses Jahres mit 75 Prozent erreicht werden. Von den 650 Milliarden zusätzlichen Staatsschulden während der Corona-Krise...
Persistent link: https://www.econbiz.de/10012498596
The German Federal Constitutional Court has ordered a revision of public budgets following the correct interpretation of the German debt brake. The debt brake is an obstacle to necessary public investment needed for ecological transformation of areas such as housing construction and education....
Persistent link: https://www.econbiz.de/10014474312