We analyze the sustainability of public finances in the 16 states (Laender) of the Federal Republic of Germany using an … evidence against strict fiscal sustainability in a majority of German Laender. A notable exception to this finding is Bavaria. …

debt crisis has prompted a fundamental re-evaluation of public debt sustainability and the looming threat of sovereign debt …'s peacetime debt-to-GDP (Gross Domestic Product) ratio has never been higher. In this paper, we analyse the sustainability of … analysis, we conduct formal tests on fiscal sustainability, including tests on stationarity and cointegration and the …

This paper provides new evidence on the sustainability of public finances in German states (Laender) by exploiting a … newly compiled database covering the years 1950 - 2011. Unlike previous studies on Germany, we analyze fiscal sustainability …

In this paper we analyze the sustainability of public finances in the states (Laender) of the Federal Republic of … and 1991 to 2011 for East German Laender, respectively. In order to assess the fiscal sustainability of the (Laender) we … strict fiscal sustainability in most of the 16 German Laender. A notable exception to this finding is Bavaria. …

debt crisis has prompted a fundamental re]evaluation of public debt sustainability and the looming threat of sovereign debt … peacetime debt]to]GDP (Gross Domestic Product) ratio has never been higher. In this paper, we analyse the sustainability of …]torical analysis, we conduct formal tests on fiscal sustainability, including tests on stationarity and cointegration and the …

debt crisis has prompted a fundamental re-evaluation of public debt sustainability and the looming threat of sovereign debt …'s peacetime debt-to-GDP (Gross Domestic Product) ratio has never been higher. In this paper, we analyse the sustainability of … analysis, we conduct formal tests on fiscal sustainability, including tests on stationarity and cointegration and the …

anecdotal historical analysis, we conduct formal tests on fiscal sustainability, including tests on stationarity and … rejection of the hypothesis of fiscal sustainability for the period from 1950 to 2010.This evidence leads to the conclusion that … fiscal consolidation actually takes place – for the sake of public debt sustainability. …