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Kiel Institute for World Economics 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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