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Auswirkungen der Schuldenbremse auf die hessischen Landesfinanzen

Author

Listed:
  • Achim Truger

    () (Macroeconomic Policy Institute (IMK) at Hans Boeckler Foundation, Duesseldorf)

  • Kai Eicker-Wolf

    () (DGB Hessen-Thüringen, Frankfurt)

  • Henner Will

    () (Macroeconomic Policy Institute (IMK) at Hans Boeckler Foundation, Duesseldorf)

  • Jens Köhrsen

    () (Macroeconomic Policy Institute (IMK) at Hans Boeckler Foundation, Duesseldorf)

Abstract

The debt brake recently introduced into the German constitution forces the German federal states (Länder) to run structurally balanced budgets form 2020 onwards. The study is preoccupied with the potential effects of the debt brakes on the budget of the federal state of Hessen in the transition period until 2020. Although there is substantial leeway as to the exact specification of technical details the results show that even under favourable conditions fiscal policy in Hessen would be forced into severe restriction. Under more unfavourable conditions the ability of the Hessian government to act may be called into question.

Suggested Citation

  • Achim Truger & Kai Eicker-Wolf & Henner Will & Jens Köhrsen, 2009. "Auswirkungen der Schuldenbremse auf die hessischen Landesfinanzen," IMK Studies 6-2009, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
  • Handle: RePEc:imk:studie:06-2009
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