Staatsschulden: Ursachen, Wirkungen und Grenzen

Carl-Ludwig Holtfrerich

Wirtschaftsdienst, 2015, vol. 95, issue 8, 529-533

Abstract: This article summarises results of the report on public debt questions published in June 2015 by an interdisciplinary group of scholars appointed by Germany’s National Academy of Science. The 11 authors of the report embarked on their task in 2012 from very diverse points of view on the topic. Thus, a consensus report could only be achieved through a very long process of retrieving the load bearing skeleton of the public debt issue from the flesh of personal opinions (strong priors, as C.P. Kindleberger called them). In a nutshell, the report calls into question the longer-term wisdom of the “debt brake” inserted into Germany’s constitution in 2009. Copyright ZBW and Springer-Verlag Berlin Heidelberg 2015

Keywords: A2; E2; H6 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (10)

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DOI: 10.1007/s10273-015-1861-4

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