Föderalismusreform II: Zur Frage des Controlling der Konsolidierungshilfen
AbstractIn 2009, German federal fiscal relationships were reorganized in order to introduce binding rules for a reduction of public deficits. One element of this reform are so called "consolidation transfers" for heavily indebted states as an measure to reduce debt. In turn, receiving states have to run a strict consolidation strategy in the years to come, that is a reduction of public expenditure. It is shown that these bail-out rules will only help if the accompanying regulations will be enforced in a restrictive matter; however. There are risks that this will not be pursued in a proper way. Copyright 2010 die Autoren. Perspektiven der Wirtschaftspolitik 2010 Verein für Socialpolitik.
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Bibliographic InfoArticle provided by Verein für Socialpolitik in its journal Perspektiven der Wirtschaftspolitik.
Volume (Year): 11 (2010)
Issue (Month): 3 (08)
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- Lars P. Feld, 2010. "Sinnhaftigkeit und Effektivität der deutschen Schuldenbremse," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 11(3), pages 226-245, 08.
- Eric Mayer & Nikolai Stähler, 2013.
"The debt brake: business cycle and welfare consequences of Germany’s new fiscal policy rule,"
Springer, vol. 40(1), pages 39-74, February.
- Mayer, Eric & Stähler, Nikolai, 2009. "The debt brake: business cycle and welfare consequences of Germany's new fiscal policy rule," Discussion Paper Series 1: Economic Studies 2009,24, Deutsche Bundesbank, Research Centre.
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