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Die Coronakrise verlangt gegenwärtig expansive Fiskalpolitik. Diese Strategie ist unbestritten. Deutschland verfügt … regionale Fiskalregeln. Deutschland muss nach Bewältigen der Coronakrise langfristig zu einer nachhaltigen Fiskalpolitik im … über die nötigen Spielräume für diese expansive Fiskalpolitik – nicht zuletzt deshalb, weil Fiskalregeln wie die deutsche …
Persistent link: https://www.econbiz.de/10012255951
This book provides an up-to-date summary of the consequences of demographic aging for labor markets, financial markets, economic growth, social security schemes and public finances in Germany, essentially reflecting the present state of knowledge in any of these areas. Compared to other...
Persistent link: https://www.econbiz.de/10013520751
This paper analyzes the effectiveness of public expenditures on economic growth within the analytical framework of comprehensive Neo-Schumpeterian economics. Using a fixed-effects model for G20 countries, the paper investigates the links between the specific categories of public expenditures and...
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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/10013316904
In this paper we study the link between elections, fiscal policy and economic growth/fluctuations. The set-up is a dynamic stochastic general equilibrium model of growth and endogenously chosen fiscal policy, in which two political parties can alternate in power. The party in office chooses...
Persistent link: https://www.econbiz.de/10013319655
This paper searches for a general equilibrium model of optimal growth and endogenous fiscal policy with the aim of explaining the interaction between private agents and fiscal authorities in the U.S., West Germany, Japan and the U.K. over the period 1960-1996. Our search is conducted in the...
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