This paper assesses the effectiveness and public finance implications of the German debt brake, a constitutional … suggests that the debt brake bears the main responsibility for the consolidation of German public finances during the 2010s. By … reducing the deficit, the debt brake in all likelihood also reduced financing costs, though this effect cannot be solely …

The recent judgment of the German Federal Constitutional Court has clarified that the debt brake enshrined in the … or reform of the debt brake, but also raises the question being examined here of how such a restrictive fiscal policy …

The recent judgment of the German Federal Constitutional Court has clarified that the debt brake enshrined in the … or reform of the debt brake, but also raises the question being examined here of how such a restrictive fiscal policy …

A business cycle adjustment procedure is carried out as part of the debt brake, so that temporary economic fluctuations …

A business cycle adjustment procedure is carried out as part of the debt brake, so that temporary economic fluctuations …

of the debt brake, this approach found its way into the German constitution. Recent research, however, has shown that … the debt brake (governed by ordinary law), introducing an investment fund for municipal investments, and adding a watchman …