Die makroökonomischen Wirkungen diskretionärer Fiskalpolitik in Deutschland - Was wissen wir empirisch?
AbstractThis article surveys the empirical literature on the effects of discretionary fiscal policy on the German macroeconomy. Although the qualitative and quantitative effects of fiscal policy are often discussed among politicians and in the public, economists only recently renewed their interest in this topic and have produced only few empirical studies for Germany so far. While older macroeconometric models generally predict positive effects of expansionary policies on output in the short run, newer SVAR studies disagree on the direction of the expected effects. There is, however, some agreement that the effects are likely to be small. Copyright 2007 die Autoren Journal compilation 2007, Verein für Socialpolitik und Blackwell Publishing Ltd.
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Bibliographic InfoArticle provided by Verein für Socialpolitik in its journal Perspektiven der Wirtschaftspolitik.
Volume (Year): 8 (2007)
Issue (Month): 4 (November)
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Web page: http://www.blackwellpublishing.com/journal.asp?ref=1465-6493
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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:
- Rettet Frankfurt, aber vergesst nicht NeukÃ¶lln!
by Fabian Lindner in Herdentrieb on 2008-10-14 13:18:41
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- Walther Otremba & Jürgen Rüttgers & Michael Hüther & Otto Kentzler & Volker Treier & Kurt J. Lauk, 2008. "Wie nötig ist ein »Anti-Rezessionsprogramm«?," Ifo Schnelldienst, Ifo Institute for Economic Research at the University of Munich, vol. 61(18), pages 03-24, 09.
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