Truger, Achim; Eicker-Wolf, Kai; Will, Henner; … - Institut für Makroökonomie und Konjunkturforschung … - 2009
The debt brake recently introduced into the German constitution forces the German federal states (Länder) to run structurally balanced budgets form 2020 onwards. The study is preoccupied with the potential effects of the debt brakes on the budget of the federal state of Hessen in the transition...