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Finanzpolitik und Produktionspotential in Deutschland: 1991 -2008

Alfred Boss

No 1493, Kiel Working Papers from Kiel Institute for the World Economy (IfW Kiel)

Abstract: In recent years, a lot of rules concerning government expenditures as well as tax revenues were changed in Germany. Government expenditures in relation to GDP were reduced, income tax rates were lowered and the budget deficit declined. The structure of government expenditures changed in favor of productive expenditures, tax expenditures were reduced. It is concluded that the growth of potential output accelerated in recent years.

Keywords: Fiscal policy; tax burden; government expenditures; potential output (search for similar items in EconPapers)
JEL-codes: H10 H30 H60 (search for similar items in EconPapers)
Date: 2009
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