Normal view MARC view ISBD view

Fiscal sustainability of the German Länder time - series evidence Heiko T. Burret, Lars P. Feld and Ekkehard A. Köhler

By: Burret, Heiko T .

Contributor(s): Feld, Lars P | Köhler, Ekkehard A .

Material type: Article

ArticlePublisher: 2017Subject(s): HACIENDAS REGIONALES

| DEUDA PUBLICA

| POLITICA FISCAL

| FEDERALISMO FISCAL

| ESTABILIDAD PRESUPUESTARIA

| COINTEGRACION

| SERIES TEMPORALES

| ALEMANIA

In: FinanzArchiv v. 73, n. 1, March 2017, p. 103-132Summary: We analyze the sustainability of public finances in the 16 states (Länder) of the FederalRepublic of Germany, using an unprecedentedly comprehensive fiscal data set coveringthe period from 1950 to 2011 for West German Länder and from 1991 to 2011 for East German Länder. We extend the existing literature in that we apply unit-root and stationarity tests not only to debt but also to expenditure and revenue and explore their long-run relation in cointegration analyses for each Land. The results provide evidence against strict fiscal sustainability in a majority of German Länder. A notable exception to this finding is Bavaria.

Tags from this library: No tags from this library for this title. Log in to add tags.

average rating: 0.0 (0 votes)

Holdings ( 1 )
Title notes
Comments ( 0 )

Item type	Current location	Home library	Call number	Status	Date due	Barcode
		IEF	OP 207/2017/1-2 (Browse shelf)	Available		OP 207/2017/1-2

Browsing IEF Shelves Close shelf browser

Previous	No cover image available	No cover image available	No cover image available	No cover image available	No cover image available	No cover image available	No cover image available	Next
Previous	OP 207/2016/4-3 Fiscal rules, fiscal space and the procyclicality of fiscal policy	OP 207/2016/4-4 The Swedish earned income tax credit	OP 207/2017/1-1 Getting the por to work	OP 207/2017/1-2 Fiscal sustainability of the German Länder	OP 207/2017/2 Manipulating fiscal forecasts	OP 207/2017/3-1 Putting Government spending shocks under the microscope	OP 207/2017/3-2 Optimal national policies towards multinationals when local regions can choose between firm - specific and non - firm - specific policies	Next

Disponible también en línea a través de la Biblioteca del Instituto de Estudios Fiscales. Resumen. Conclusión. Bibliografía.

We analyze the sustainability of public finances in the 16 states (Länder) of the FederalRepublic of Germany, using an unprecedentedly comprehensive fiscal data set coveringthe period from 1950 to 2011 for West German Länder and from 1991 to 2011 for East German Länder. We extend the existing literature in that we apply unit-root and stationarity tests not only to debt but also to expenditure and revenue and explore their long-run relation in cointegration analyses for each Land. The results provide evidence against strict fiscal sustainability in a majority of German Länder. A notable exception to this finding is Bavaria.

There are no comments for this item.

Biblioteca del Instituto de Estudios Fiscales

Fiscal sustainability of the German Länder time - series evidence Heiko T. Burret, Lars P. Feld and Ekkehard A. Köhler

By: Burret, Heiko T.

Contributor(s): Feld, Lars P | Köhler, Ekkehard A.

Browsing IEF Shelves Close shelf browser

By: Burret, Heiko T .

Contributor(s): Feld, Lars P | Köhler, Ekkehard A .