Hein, Eckhard; Truger, Achim - In: Panoeconomicus 61 (2014) 1, pp. 21-38
The German debt brake is often regarded as a great success story and has therefore served as a role model for the Euro … countries in a currency union like the Euro area. It will prevent fiscal policy from contributing to the necessary rebalancing … in the Euro area. Thirdly, we show that alternative scenarios, which could avoid the deflationary pressures of the German …