Schuldenbremse und öffentliche Investitionen: Erwiderung auf Mühlenweg et al. (2024)
Lars Feld,
Hassib Joshua,
Langer Maximilian,
Daniel Nientiedt and
Weber Philipp
Wirtschaftsdienst, 2024, vol. 104, issue 7, 476-481
Abstract:
The political debate regarding the consequences of the German “debt brake” continues. The arguments against its current design are similar to the arguments brought forward in 2009, when the rule was first introduced. One hot-button issue has always been whether the German debt brake constrains public investment. A recent study by Feld et al. (2024) applies the synthetic control method to address this question. Mühlenweg et al. (2024) criticise their approach, building on well-known arguments against the German debt brake. This article counters their arguments.
JEL-codes: E52 H61 H63 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:wirtsc:v:104:y:2024:i:7:p:476-481:n:1012
DOI: 10.2478/wd-2024-0123
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