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EMU and fiscal discipline: the end of the depreciation threat

Heinemann, Friedrich - In: Review of economics 50 (1999) 2, pp. 109 - 135

Persistent link: https://www.econbiz.de/10015179118

Projecting potential output : methods and problems

Hauptmeier, Sebastian; Heinemann, Friedrich; Kappler, Marcus - 2009

Persistent link: https://www.econbiz.de/10009490458

Revenue autonomy preference in German state parliaments

Heinemann, Friedrich (contributor) - 2013

Fiscal federalism in Germany is characterized by lacking sub-national tax autonomy and intensive fiscal equalization. Due to a sunset clause, the current equalization system has to be renegotiated by the year 2019. Against this backdrop, this contribution studies the reform preferences of...

Persistent link: https://www.econbiz.de/10010203498

Revenue autonomy preference in German state parliaments : conference paper

Heinemann, Friedrich; Janeba, Eckhard; Moessinger, … - 2013

Federal states in Germany are characterized by low fiscal autonomy. Equalization systems in place balance revenue differences to a considerable extent and states cannot independently set taxes of any major relevance. Although these features of German federalism are notorious for their...

Persistent link: https://www.econbiz.de/10010343779

The effects of fiscal rules on public finances and their identification : conference paper

Heinemann, Friedrich; Yeter, Mustafa - 2014

Many economic studies analyse the impact of fiscal rules and discuss their effectiveness in limiting excessive debt. A majority of these studies, however, neglects or only deals insufficiently with the potential issue of endogeneity. In this paper, we propose a novel identification approach...

Persistent link: https://www.econbiz.de/10010485290

The EMU consolidation game - or: does 3.0 really mean 3.0?

Heinemann, Friedrich - 1998

Within the economic profession, it is a widely held view that the fiscal criteria of the Maastricht treaty are arbitrary numbers without economic foundation. Much of this criticism seems to overlook an important aspect - the strategic dimension of the criteria. This paper focuses on one...

Persistent link: https://www.econbiz.de/10011441024

Die Theorie der optimalen Währungsräume und die politische Reformfähigkeit : ein vernachlässigtes Kriterium

Heinemann, Friedrich - 1998

In diesem Beitrag wird neben einem kurzen Überblick über die Argumentationsweise und Probleme der Theorie optimaler … vor allem der Lohnflexibilität, aus. Aus dieser Erweiterung der Theorie der optimalen Währungsräume resultiert Skepsis …In this paper, a short survey is given on the contents and some problems of the theory of optimal currency areas. In …

Persistent link: https://www.econbiz.de/10011441036

EMU and fiscal discipline : the end of the depreciation threat

Heinemann, Friedrich - 1998

Are the characteristics of the exchange rate regime relevant for the degree of fiscal discipline? What are the conclusions for fiscal behavior in Europe after the transition to EMU? These are the central questions that are analyzed in this paper from a theoretical point of view. After a general...

Persistent link: https://www.econbiz.de/10011441669

Die Psychologie irrationaler Wirtschaftspolitik am Beispiel des Reformstaus

Heinemann, Friedrich - 2000

Psychologische Studien belegen vielfältige Abweichungen menschlicher Denk- und Verhaltensweisen von den üblichen Rationalitätsannahmen ökonomischer Modelle. Die traditionelle Ökonomie begegnet diesen Hinweisen begrenzter Rationalität mit Zurückhaltung, auch wenn derartige Ansätze...

Persistent link: https://www.econbiz.de/10011444514

Do fiscal rules constrain fiscal policy? : a meta-regression-analysis

Heinemann, Friedrich; Moessinger, Marc-Daniel; Yeter, … - 2016

We implement a meta-regression-analysis for the budgetary impact of numerical fiscal rules. Based on 30 studies published in the last decade, we offer a consensus estimate with respect to the level of statistical significance, provide suggestive evidence for the effect size, and identify study...

Persistent link: https://www.econbiz.de/10011444762