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Staatsverschuldung: Privilegien des Staates auf dem Prüfstand

Author

Listed:
  • Thiess Büttner
  • Kai Konrad
  • Jörg Rocholl

Abstract

Even though governments usually enjoy favourable borrowing conditions, the current financial system in Europe grants special privileges to government debt. This involves capital requirements in banking regulation, ECB policies, intergovernmental guarantees, etc. The paper gives a short outline of the privileges, discusses their justification and highlights problems. Copyright ZBW and Springer-Verlag Berlin Heidelberg 2014

Suggested Citation

  • Thiess Büttner & Kai Konrad & Jörg Rocholl, 2014. "Staatsverschuldung: Privilegien des Staates auf dem Prüfstand," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 94(8), pages 560-563, August.
    • Handle: RePEc:spr:wirtsc:v:94:y:2014:i:8:p:560-563
    DOI: 10.1007/s10273-014-1714-6
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    More about this item

    Keywords

    E58; G38; H63;
    All these keywords.

    JEL classification:

    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • G38 - Financial Economics - - Corporate Finance and Governance - - - Government Policy and Regulation
    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt

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