Showing 1 - 10 of 12
Persistent link: https://www.econbiz.de/10010966548
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...
Persistent link: https://www.econbiz.de/10011020593
Currently fiscal policies in Germany seem to be in a very comfortable position and the German Debt Brake is regarded as …
Persistent link: https://www.econbiz.de/10010955076
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...
Persistent link: https://www.econbiz.de/10010955077
theoretical or purely ideological foundations. Germany as the most economically and politically influential member state of the …
Persistent link: https://www.econbiz.de/10010955081
accepted empirical findings. In particular, the explanation is unconvincing, because in international comparison Germany … generous welfare state institutions have driven Germany into its position as „Europe’s sick man“. In general, the view is not … indicators for structural rigidities Germany is not worse than the average OECD or EU country. Moreover, there is a macroeconomic …
Persistent link: https://www.econbiz.de/10005076737
effects on macroeconomic performance in Germany. First, ex post scenarios for the period from 1991 until 2000 are simulated … will be taken into account, in particular Germany's integration into the Euro area. On the other hand, interdependencies …
Persistent link: https://www.econbiz.de/10008536844
restrictive and sometimes pro- cyclical fiscal policies and overly moderate wage policies in Germany since the mid 1990s. This … Germany urgently needs more expansive fiscal and monetary policies in the short run, and that in the medium run the conditions … for nominal wage growth in Germany according to the sum of long run national productivity growth and the ECB’s inflation …
Persistent link: https://www.econbiz.de/10005126250
accepted empirical findings. In particular, the explanation is unconvincing, because in international comparison Germany … generous welfare state institutions have driven Germany into its position as 'Europe's sick man'. In general, the view is not … indicators for structural rigidities Germany is not worse than the average OECD or EU country. Moreover, there is a macroeconomic …
Persistent link: https://www.econbiz.de/10005269196
have to rely on unrealistic shifts in the functional income distribution and/or investment and savings behaviour in Germany. …
Persistent link: https://www.econbiz.de/10011134502