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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.

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  • Heiner Felix Mikosch & Silke Übelmesser, 2007. "Staatsverschuldungsunterschiede im internationalen Vergleich und Schlussfolgerungen für Deutschland," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 8(4), pages 309-334, November.
  • Handle: RePEc:bla:perwir:v:8:y:2007:i:4:p:309-334
    DOI: 10.1111/j.1468-2516.2007.00254.x
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    1. Lars P. Feld, 2010. "Sinnhaftigkeit und Effektivität der deutschen Schuldenbremse," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 11(3), pages 226-245, August.
    2. 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.
    3. Wolf, Marvin, 2013. "Währungsunionen und Allmendeproblem," Hannover Economic Papers (HEP) dp-521, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.
    4. Ralph M. Wrobel, 2008. "Balanced Budget Rules in Europe: A Comparative Institutional Analysis," International Area Studies Review, Center for International Area Studies, Hankuk University of Foreign Studies, vol. 11(1), pages 153-168, March.
    5. Dilla, Diana, 2017. "Staatsverschuldung und Verschuldungsmentalität [Public Debt and Debt Mentality]," MPRA Paper 79432, University Library of Munich, Germany.
    6. 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.
    7. Heiko T. Burret & Lars P. Feld, 2013. "Fiscal Institutions in Germany," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 149(II), pages 249-290, June.
    8. Freye, Sabine, 2009. "Zum Zusammenhang zwischen der Verschuldung der Bundesländer und ihren finanziellen Handlungsspielräumen," IWH Discussion Papers 12/2009, Halle Institute for Economic Research (IWH).

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