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Public attitudes toward fiscal consolidation : evidence from a representative German Population Survey
Hayo, Bernd; Neumeier, Florian - 2013 - This version: 3 December 2013
The poor state of public finances in many countries has led to calls for fiscal consolidation. In practice, implementing concrete consolidation measures appears to meet with public resistance, suggesting that the success of consolidation efforts strongly depends on the popularity of the chosen...
Persistent link: https://www.econbiz.de/10010211424
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Fiscal sustainability of the German Laender : time series evidence
Burret, Heiko T.; Feld, Lars P.; Köhler, Ekkehard A. - 2015
We analyze the sustainability of public finances in the 16 states (Laender) of the Federal Republic of Germany using an …
Persistent link: https://www.econbiz.de/10011404648
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Fiscal sustainability of the German Laender : time series evidence
Burret, Heiko T.; Feld, Lars P.; Köhler, Ekkehard A. - 2014
Germany using an unprecedentedly comprehensive fiscal dataset for the time period from 1950 to 2011 for West German Laender …
Persistent link: https://www.econbiz.de/10010388609
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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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Modeling fiscal sustainability in dynamic macro-panels with heterogeneous effects : evidence from German federal states
Feld, Lars P.; Köhler, Ekkehard A.; Wolfinger, Julia - 2018
In this paper, we extend Henning Bohn's (2008) fiscal sustainability test by allowing for slope heterogeneity and cross-sectional dependence (CD). In particular, our econometric approach is the first that allows fiscal reaction functions (FRF) to capture unobserved heterogeneous effects from...
Persistent link: https://www.econbiz.de/10011811360
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Modeling fiscal sustainability in dynamic macro-panels with heterogenous effects : evidence from German federal states
Feld, Lars P.; Köhler, Ekkehard A.; Wolfinger, Julia - 2018
In this paper, we extend Henning Bohn's (2008) fiscal sustainability test by allowing for slope heterogeneity and cross-sectional dependence (CD). In particular, our econometric approach is the first that allows fiscal reaction functions (FRF) to capture unobserved heterogeneous effects from...
Persistent link: https://www.econbiz.de/10011814265
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Modeling fiscal sustainability in dynamic macro-panels with heterogeneous effects : evidence from German federal states
Feld, Lars P.; Köhler, Ekkehard A.; Wolfinger, Julia - 2018
In this paper, we extend Henning Bohn's (2008) fiscal sustainability test by allowing for slope heterogeneity and cross-sectional dependence (CD). In particular, our econometric approach is the first that allows fiscal reaction functions (FRF) to capture unobserved heterogeneous effects from...
Persistent link: https://www.econbiz.de/10011822075
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Private enforcement of the German debt brake
Hauser, Patrick - In: The Economists' voice 19 (2022) 1, pp. 87-95
Persistent link: https://www.econbiz.de/10013384429
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Race to the debt trap? : spatial econometric evidence on debt in German municipalities ; conference paper
Fossen, Frank M.; Freier, Ronny; Martin, Thorsten - 2014 - This draft: January 20, 2014
Through an intertemporal budget constraint, jurisdictions may gain advantages in tax and spending competition by 'competing' on debt. While the existing spatial econometric literature focuses on tax and spending competition, very little is known about spatial interaction via public debt. This...
Persistent link: https://www.econbiz.de/10010485958
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Fiscal sustainability of the German Länder : time-series evidence
Burret, Heiko Tobias; Feld, Lars P.; Köhler, Ekkehard A. - In: FinanzArchiv : European journal of public finance 73 (2017) 1, pp. 103-132
Persistent link: https://www.econbiz.de/10015099941