Kiel Working Papers, Kiel Institute for World Economics
No 1547:
Finanzpolitik in Deutschland: Herausforderungen und Lösungswege
Alfred Boss
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; (follow links to similar papers)
JEL-Codes: H26,; H63,; H68; (follow links to similar papers)
15 pages, September 2009
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