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Staatsverschuldungsunterschiede im internationalen Vergleich und Schlussfolgerungen für Deutschland

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  • Heiner Felix Mikosch
  • Silke Übelmesser

Abstract

This article analyses public debt differences across industrial countries with a special focus on Germany on the basis of political economy approaches. We are interested in identifying the empirically relevant theories in order to draw conclusions for Germany based on international differences in the preferences of the political agents and/or in the political or budgetary institutions. We discuss the recent developments in Germany - notably the reform of the distribution of competencies between the federal and the state level - and conclude that the current situation provides some opportunities to address the issue of public debt. Copyright 2007 die Autoren Journal compilation 2007, Verein für Socialpolitik und Blackwell Publishing Ltd.

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File URL: http://www.blackwell-synergy.com/doi/abs/10.1111/j.1468-2516.2007.00254.x
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Article provided by Verein für Socialpolitik in its journal Perspektiven der Wirtschaftspolitik.

Volume (Year): 8 (2007)
Issue (Month): 4 (November)
Pages: 309-334

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Handle: RePEc:bla:perwir:v:8:y:2007:i:4:p:309-334
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Cited by:

  1. Lars P. Feld, 2010. "Sinnhaftigkeit und Effektivität der deutschen Schuldenbremse," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 11(3), pages 226-245, 08.
  2. Sabine Freye, 2009. "Zum Zusammenhang zwischen der Verschuldung der Bundesländer und ihren finanziellen Handlungsspielräumen," IWH Discussion Papers 12, Halle Institute for Economic Research.
  3. Matthias Bank & Alexander Kupfer & Rupert Sendlhofer, 2011. "Performance-sensitive government bonds - A new proposal for sustainable sovereign debt management," Working Papers 2011-24, Faculty of Economics and Statistics, University of Innsbruck.
  4. Hetschko, Clemens & Quint, Dominic & Thye, Marius, 2012. "Nationale Schuldenbremsen für die Länder der Europäischen Union: Taugt das deutsche Modell als Vorbild?," Discussion Papers 2012/12, Free University Berlin, School of Business & Economics.
  5. Wolf, Marvin, 2013. "Währungsunionen und Allmendeproblem," Hannover Economic Papers (HEP) dp-521, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.

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