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Since the new German federal government has imposed tight fiscal policy restrictions on itself, a pragmatic approach is needed to finance the spending requirements of the transformation. The financing instruments mentioned in the coalition agreement appears to be suitable in principle for...
Persistent link: https://www.econbiz.de/10013343008
Over 2010-2016, municipal debt in Germany crowded out private investment worth 1 percent of GDP. Forced to lend to … firms in Germany's locally segmented credit markets. The ensuing crowding out was made worse by increased municipal …
Persistent link: https://www.econbiz.de/10014464205
and/or investment and savings behavior in Germany. …
Persistent link: https://www.econbiz.de/10010187671
Aufgrund der seit langem geführten Debatte um das Für und Wider der Nutzung des Politikinstruments der Staatsverschuldung wissen wir recht viel darüber, was Experten (z. B. Finanzpolitiker/‌-‍wissenschaftler) von Haushaltskonsolidierung, Deficit-Spending oder Verschuldungsgrenzen halten....
Persistent link: https://www.econbiz.de/10012155253
The 'starving the beast' hypothesis claims that tax cuts lead to lower public spending, rather than higher debt levels and higher taxes in the future. This paper uses the institutional setting of German fiscal federalism to its advantage in order to explore how fiscal policy reacts to exogenous...
Persistent link: https://www.econbiz.de/10012157329
control method used compares Germany's actual investment activity with a synthetic "Germany without a debt brake". This … synthetischen "Deutschland ohne Schuldenbremse". Dieser Beitrag begegnet einigen methodischen Problemen der Studie mit einer …. (2024) attempted to refute the frequently voiced criticism that the debt brake hinders government investment. The synthetic …
Persistent link: https://www.econbiz.de/10014583225
This paper explores the factors behind the time path of real spending and revenue in the West German states from 1975 to 2004. The empirical approach stresses robustness and takes into account a large set of economic and political variables. Our results suggest that common economic factors and,...
Persistent link: https://www.econbiz.de/10003726324
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/10009756271
theoretical or purely ideological foundations. Germany as the most economically and politically influential member state of the …
Persistent link: https://www.econbiz.de/10009756285
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/10010386575