Finanzpolitik in Deutschland: Herausforderungen und Lösungswege

Alfred Boss

No 1547, Kiel Working Papers from Kiel Institute for the World Economy (IfW Kiel)

Abstract: In many countries, fiscal policy became strongly expansionary in order to fight the recession. Structural budget deficits increased sharply and might remain high after the end of the recession. This would raise real interest rates and would impair economic growth. Some measures to reduce the budget deficit in Germany are proposed.

Keywords: Fiscal policy; public sector deficits; economic growth (search for similar items in EconPapers)
JEL-codes: H62 H63 H68 (search for similar items in EconPapers)
Date: 2009
References: View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:zbw:ifwkwp:1547

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