This paper analyzes German and Spanish fiscal policy using simple policy rules. We choose Germany and Spain, as both … 1990s.We focus on the question, how fiscal policy behaves under rising public debt ratios. It is found that both Germany … and seems to be non-permanent in the case of Germany. …

weitere Reformen der Finanzverfassung. In der vorliegenden Arbeit wird eine stärker an der Wirtschaftskraft orientierte …The reform of fiscal federalism in Germany enacted in 2006 has focussed on separating the joint legislation process …

argument, I will discuss decisions of different jurisdictions, including the United States, Canada, Germany and South Africa. …

Seit 1970 hat die Staatsverschuldung in Deutschland dramatisch zugenommen. Weder die Vorkehrungen zur Begrenzung der …Since 1970 public debt in Germany has risen dramatically. The debt growth has neither been stopped by the …

Die Staatsverschuldung der Bundesrepublik Deutschland betrug Ende des Jahres 2008 1 518 Milliarden Euro. Ein großer …At the end of 2008, national debt in Germany reached 1.518 Billion Euros. A huge share of these liabilities has its … unity of Germany was mainly supposed to be installed through transfers. The mid 90's disillusion regarding growth potential …