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We provide a comprehensive survey of the recent literature on the link between productive government expenditure and economic growth. Starting with the seminal paper of Robert Barro (1990) we show that an understanding of the core results of the ensuing contributions can be gained from the study...
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Zu den Verpflichtungen der Mitglieder im Europäischen Fiskalpakt gehört unter anderem, eine nationale Schuldenbremse einzuführen - eine Regel zur Begrenzung der jährlichen Neuverschuldung. Deutschland ist diesen Schritt bereits gegangen. Im vorliegenden Beitrag überprüfen wir, inwieweit...
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decentralization. We argue that federalism is a constitutional institution whereas decentralization is (the outcome of) a policy choice … and that the two ought to be systematically distinguished because decentralization can also occur in non … result, implying that a more fine-grained differentiation beyond the distinction between federalism and decentralization …
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