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Does expenditure composition influence the debt level? : evidence from German federal states

Stegarescu, Dan - 2013

Despite strongly equalized per capita revenue and similar budgetary institutions, fiscal performance is increasingly diverging across German federal states. Given that state and local governments are endowed with expenditure autonomy, this paper investigates whether the composition of...

Persistent link: https://www.econbiz.de/10010225574

Race to the debt trap? : spatial econometric evidence on debt in German municipalities

Fossen, Frank M.; Freier, Ronny; Martin, Thorsten - 2014

Through an intertemporal budget constraint, jurisdictions may gain advantages in tax and spending competition by 'competing' on debt. While the existing spatial econometric literature focuses on tax and spending competition, very little is known about spatial interaction via public debt. This...

Persistent link: https://www.econbiz.de/10010233999

Race to the debt trap? : spatial econometric evidence on debt in German municipalities

Fossen, Frank M.; Freier, Ronny; Martin, Thorsten - 2014

Persistent link: https://www.econbiz.de/10010238832

The (in)validity of the Ricardian equivalence theorem : findings from a representative German population survey

Hayo, Bernd; Neumeier, Florian - 2016 - This version: 29 February 2016

In this paper, we utilise data from a German population survey to test the validity of the Ricardian equivalence theorem (RET). In 2013, 2,000 representatively chosen people were asked whether they have altered their consumption and saving behaviour in response to the significant increase in...

Persistent link: https://www.econbiz.de/10011433976

Public debt in post-1850 German economic thought vis-à-vis the pre-1850 British Classical School

Holtfrerich, Carl-Ludwig - In: German economic review 15 (2014) 1, pp. 62-83

Persistent link: https://www.econbiz.de/10010498705

Public preferences for government spending priorities : survey evidence from Germany

Hayo, Bernd; Neumeier, Florian - 2014 - This version: 4 November 2014

Employing data from a representative survey conducted in Germany, this paper examines public preferences for the size …

Persistent link: https://www.econbiz.de/10010434575

Fiscal sustainability of the German Laender : time series evidence

Burret, Heiko T.; Feld, Lars P.; Köhler, Ekkehard A. - 2015

We analyze the sustainability of public finances in the 16 states (Laender) of the Federal Republic of Germany using an …

Persistent link: https://www.econbiz.de/10011404648

European public finances and the Great Recession : France, Germany, Ireland, Italy, Spain and the United Kingdom compared

Bozio, Antoine; Emmerson, Carl; Peichl, Andreas; … - In: Fiscal studies : the journal of the Institute for … 36 (2015) 4, pp. 405-430

Persistent link: https://www.econbiz.de/10011413450

Fiscal sustainability of the German Laender : time series evidence

Burret, Heiko T.; Feld, Lars P.; Köhler, Ekkehard A. - 2014

Germany using an unprecedentedly comprehensive fiscal dataset for the time period from 1950 to 2011 for West German Laender …

Persistent link: https://www.econbiz.de/10010388609

The German "debt brake" : success factors and challenges

Feld, Lars P.; Reuter, Wolf Heinrich - 2021 - Final draft, Version: 16 June 2021

Germany introduced a new fiscal rule, the ‘debt brake’, after the Global Financial Crisis and since then experienced a … the current crisis in Germany illustrate the intended effects of fiscal rules very well. Debt ratios are reduced during … important for Germany and other economies to repeat the reduction in the debt to GDP ratio in order to be prepared for the next …

Persistent link: https://www.econbiz.de/10012549653

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