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The German 'debt brake': A shining example for European fiscal policy?
Truger, Achim; Will, Henner - 2012
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/10010310935
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Austerity in the Euro area: The sad state of economic policy in Germany and the EU
Truger, Achim - 2013
theoretical or purely ideological foundations. Germany as the most economically and politically influential member state of the …
Persistent link: https://www.econbiz.de/10010333079
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Austerity in the euro area: the sad state of economic policy in Germany and the EU
Truger, Achim - In: European Journal of Economics and Economic Policies: … 10 (2013) 2, pp. 158-174
theoretical or purely ideological foundations. Germany as the most economically and politically influential member state of the …
Persistent link: https://www.econbiz.de/10014363172
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The Debt Brake in the Eyes of the German Population
Hayo, Bernd; Neumeier, Florian - 2014
In response to the recent sovereign debt crisis, the member states of the European Union agreed to enact balanced budget rules in their national legislation. However, little is known about the public's opinion of balanced budget rules. To fill this gap, we conducted a survey among 2,000...
Persistent link: https://www.econbiz.de/10010435717
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Fiscal policy and rebalancing in the Euro area: A critique of the German debt brake from a Post-Keynesian perspective
Hein, Eckhard; Truger, Achim - 2013
and/or investment and savings behavior in Germany. …
Persistent link: https://www.econbiz.de/10010513067
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Future fiscal and debt policies: Germany in the Context of the European Monetary Union
Hein, Eckhard; Truger, Achim - 2013
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/10010314658
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Debt rule federalism: The case of Germany
Ciaglia, Sarah; Heinemann, Friedrich - 2012
In 2009, Germany introduced a new debt rule in its federal constitution (Grundgesetz). The socalled 'debt brake …
Persistent link: https://www.econbiz.de/10010310691
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A new fiscal policy for Germany
Sigl-Gloeckner, Philippa; Krahé, Max; Schneemelcher, Pola - 2021
public finances, nor limits external imbalances, nor effectively contributes to solving the challenges Germany faces today … future of fiscal rules has developed, both in Germany and internationally. This working paper contributes to that debate by … initial re-form steps to begin implementing this framework in Germany, including an adjustment of the cyclical component of …
Persistent link: https://www.econbiz.de/10014459443
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Staatsverschuldung aus Bürgersicht: ein Forschungsüberblick
Mause, Karsten - In: Vierteljahrshefte zur Wirtschaftsforschung 88 (2019) 4, pp. 39-49
experts (e. g. fiscal policymakers, economists) think of deficit spending, budget consolidation or fiscal rules. In contrast …
Persistent link: https://www.econbiz.de/10012434929
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A reconsideration of multiple equilibria in the analysis of one-period government bonds with default risk
Guo, Yanling - In: Economics: The Open-Access, Open-Assessment E-Journal 9 (2015) 2015-33, pp. 1-52
In this paper, the author considers sovereign debt in the form of one-period government bonds with default risk, which can be purchased by and traded among domestic and foreign investors. She shows that the "good equilibrium" is the only stable equilibrium under some quite general assumptions,...
Persistent link: https://www.econbiz.de/10011371997