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Staatsverschuldungsunterschiede im internationalen Vergleich und Schlussfolgerungen für Deutschland

Mikosch, Heiner Felix ; Übelmesser, Silke

In: Perspektiven der Wirtschaftspolitik, 2007, vol. 8, no. 4, p. 309-334

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    Title
    • Staatsverschuldungsunterschiede im internationalen Vergleich und Schlussfolgerungen für Deutschland
    Author
    • Mikosch, Heiner Felix. Mikosch ETH Zurich, KOF Swiss Economic Institute
    • Übelmesser, Silke. CES, Universität München, und CESifo
    Document Type
    • Postprint
    Classification
    • Economics
    OAI-PMH Identifier
    • oai:doc.rero.ch:297314
    Summary
    This article analyses public debt differences across industrial countries with a special focus on Germany on the basis of political economy approaches. We are interested in identifying the empirically relevant theories in order to draw conclusions for Germany based on international differences in the preferences of the political agents and/or in the political or budgetary institutions.We discuss the recent developments in Germany - notably the reform of the distribution of competencies between the federal and the state level - and conclude that the current situation provides some opportunities to address the issue of public debt