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structural breaks in the dynamics and the volatility of the real output process in Germany can be detected. We report evidence … that output volatility has declined in Germany. Yet, this decline in output volatility is not as clear-cut as it is in the … in Germany reflects good economic and monetary policy or merely ?good luck?. …
Persistent link: https://www.econbiz.de/10010260526
theoretical or purely ideological foundations. Germany as the most economically and politically influential member state of the …
Persistent link: https://www.econbiz.de/10010333079
debt brake, which is sometimes interpreted as causality. At the same time Germany's economic performance is better than … analysis of the "structural" consolidation of public finances in Germany for the period from 1991 until 2017 showing that the … German debt brake is not the cause of the successful budget consolidation in Germany since 2010. The improvement of the …
Persistent link: https://www.econbiz.de/10011905162
theoretical or purely ideological foundations. Germany as the most economically and politically influential member state of the …
Persistent link: https://www.econbiz.de/10014363172
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
and/or investment and savings behavior in Germany. …
Persistent link: https://www.econbiz.de/10010513067
In 2009, Germany introduced a new debt rule in its federal constitution (Grundgesetz). The socalled 'debt brake …
Persistent link: https://www.econbiz.de/10010310691
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
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
This paper examines the integration of stock markets in Germany, France, Netherlands, Ireland and UK over January 1973 …
Persistent link: https://www.econbiz.de/10010291779