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Die Schuldenbremse im Bundeshaushalt seit 2011 : die wahre Belastungsprobe steht noch aus
Paetz, Christoph; Rietzler, Katja; Truger, Achim - Institut für Makroökonomie und Konjunkturforschung - 2016
Die Schuldenbremse des Bundes erscheint im Rückblick als große Erfolgsgeschichte: Ständige Übererfüllung der Vorgaben für die Nettokreditaufnahme, extrem rasche Konsolidierung seit 2010, Nachahmung durch den EU-Fiskalpakt auf europäischer Ebene. Doch der Schein trügt. - Die extrem rasche...
Persistent link: https://www.econbiz.de/10011528929
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Greece's sudden faltering economy : from boom to bust with special reference to the debt problem
Desli, Evangelia; Pelagidēs, Thodōrēs - In: The euro crisis, (pp. 119-158). 2012
Persistent link: https://www.econbiz.de/10009551918
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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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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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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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Fiscal sustainability of the German länder : time-series evidence
Burret, Heiko Tobias; Feld, Lars P.; Köhler, Ekkehard A. - In: FinanzArchiv : public finance analysis 73 (2017) 1, pp. 103-132
Persistent link: https://www.econbiz.de/10011908007
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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