Hüther, Michael; Südekum, Jens - 2020
The study will first outline the way in which Germany's fiscal policy was driven for several decades by a paradigm that …. Afterwards, we sketch out a new framework for fiscal policy that might take the evaluation of public needs and the need for more … reinforces the need for a new fiscal paradigm. What are the implications of such a shock for fiscal policy rules? And how should …