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Balanced budget stimulus with tax cuts in a liquidity-constrained economy
Prasad, Vivek - 2014
Persistent link: https://www.econbiz.de/10010353548
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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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Fiscal rules and compliance expectations : evidence for the German debt brake
Heinemann, Friedrich; Janeba, Eckhard; Schröder, Christoph - 2014
Fiscal rules have become popular to limit deficits and high debt burdens in industrialized countries. A growing literature examines their impact based on aggregate fiscal performance. So far, no evidence exists on how fiscal rules influence deficit expectations of fiscal policy makers. In the...
Persistent link: https://www.econbiz.de/10010357588
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Will the German debt brake succeed? : survey evidence from state politicians ; conference paper
Heinemann, Friedrich; Janeba, Eckhard; Schröder, Christoph - 2013 - Work in progress
The present paper analyzes expectations of German politicians about the German debt brake (Schuldenbremse), which became part of the German constitution in 2009. This fiscal rule requires the federal government and the German states to run a (cyclically adjusted) budget deficit of no more than...
Persistent link: https://www.econbiz.de/10010336744
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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 - In: Panoeconomicus 61 (2014) 1, pp. 21-38
Persistent link: https://www.econbiz.de/10010341411
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Fiscal Rules and Compliance Expectations – Evidence for the German Debt Brake
Heinemann, Friedrich - 2014
Fiscal rules have become popular to limit deficits and high debt burdens in industrialized countries. A growing literature examines their impact based on aggregate fiscal performance. So far, no evidence exists on how fiscal rules influence deficit expectations of fiscal policy makers. In the...
Persistent link: https://www.econbiz.de/10013052105
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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/10010187671
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Fiscal rules and compliance expectations : evidence for the German debt brake
Heinemann, Friedrich; Janeba, Eckhard; Schröder, Christoph - In: Journal of public economics 142 (2016), pp. 11-23
Persistent link: https://www.econbiz.de/10011654543
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Compliance effects of sovereign debt cuts
Janeba, Eckhard; Steinbach, Armin - 2019
theory shows that the effect of debt cuts on fiscal compliance depends on two effects, the direction of which determines the … survey data from members of state parliaments in Germany. Data limitations notwithstanding, our results offer some …
Persistent link: https://www.econbiz.de/10012026346
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Is the debt brake behind Germany's successful fiscal consolidation?
Rietzler, Katja; Truger, Achim - 2018
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/10011859417