Working papers, Department of Economics, WU (Wirtschaftsuniversität Wien)
Das Konzept einer nachhaltigen Finanzpolitik aus heterodoxer Sicht - ein Diskussionsbeitrag
Abstract: The public budget has always been a much debated object at
the political level as well as in academia. This is not surprising as it
mirrors the political intentions and ideologies of those running the
government on the one hand and taking into account that economics is a
multiparadigmatic science on the other hand. Against this backcloth, the
current unambiguity of budgetary restriction in recent political and
scientific debates seems curious. The paper aims at explaining this
development and questions its validity by framing a concept of budgetary
sustainability on the grounds of a heterodox, post Keynesian model.
Keywords: Finanzpolitik; Null-Defizit; optimale Verschuldung; Nachhaltigkeit; (follow links to similar papers)
JEL-Codes: I11; (follow links to similar papers)
PDF Document, paper in German
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