Showing 1 - 10 of 22,932
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 … fast consolidation after the Great Recession coincided with the transition period for the full introduction of the federal …
Persistent link: https://www.econbiz.de/10011859417
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
and/or investment and savings behavior in Germany. …
Persistent link: https://www.econbiz.de/10010187671
experts (e. g. fiscal policymakers, economists) think of deficit spending, budget consolidation or fiscal rules. In contrast …
Persistent link: https://www.econbiz.de/10012155253
In recent years debt in Colorado has increased at an unsustainable rate. A debt brake is simulated for the Colorado economy. When the debt brake is triggered the spending cap imposed by the Tabor Amendment is reduced, with surplus revenue earmarked for debt reduction. The simulation analysis...
Persistent link: https://www.econbiz.de/10012858154
The recent judgment of the German Federal Constitutional Court has clarified that the debt brake enshrined in the German Basic Law (Grundgesetz) is intended to do exactly what the legislature intended when it was adopted in 2009: to tie the hands of political actors and block the 'easy way out...
Persistent link: https://www.econbiz.de/10014631927
We assess the specific need (or its absence) of a country to implement a fiscal consolidation programme by focusing … of a fiscal consolidation program implies an improvement in the degree of public finances´ sustainability, for in …
Persistent link: https://www.econbiz.de/10012938962
This paper reviews the empirical literature to determine which forms of fiscal consolidation successfully reduce debt …-lasting recessions. In addition, we find that periods of fiscal consolidation that last more than two years tend to be twice as … successful as those that last only two years or less. We do not find the size of the fiscal consolidation to be a keydetermining …
Persistent link: https://www.econbiz.de/10012826964