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Kiel Institute for World Economics Kiel Working Papers, Kiel Institute for World Economics

No 1493:
Finanzpolitik und Produktionspotential in Deutschland: 1991-2008

Alfred Boss

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; (follow links to similar papers)

JEL-Codes: H10,; H30,; H60; (follow links to similar papers)

60 pages, March 2009

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