Die vorliegende Studie der Stiftung Marktwirtschaft wirft einen ungeschminkten Blick auf die Nachhaltigkeit der öffentlichen Finanzen in den zwölf Gründungsstaaten der Eurozone (EURO12-Staaten). Sie ermittelt die tatsächliche Staatsverschuldung der Länder. Das daraus resultierende Ranking,...

"The recent financial crisis has demonstrated the dangers of ignoring the factors that led to previous crises, and the effectiveness of the policies designed to deal with them. Over time, these macroeconomic policies have evolved, oscillating between state intervention and a free-market...

Should independent monetary and fiscal policies coordinate their actions and/or targets? To examine this question the paper considers a simple reduced-form model in which monetary and fiscal policies are formally independent, but still interdependent—through their mutual spillovers. The...