000 01731nab#a2200325#c#4500
003 IEF
005 20180219165147.0
008 170518s2017 DEU|| #####0 b|ENG|u
040 _aIEF
041 _aENG
100 1 _aBurret, Heiko T.
_965379
245 _aFiscal sustainability of the German Länder
_b time - series evidence
_c Heiko T. Burret, Lars P. Feld and Ekkehard A. Köhler
260 _c2017
500 _aDisponible también en línea a través de la Biblioteca del Instituto de Estudios Fiscales. Resumen. Conclusión. Bibliografía.
650 4 _aHACIENDAS REGIONALES
_945243
650 4 _aDEUDA PUBLICA
_942647
650 4 _aPOLITICA FISCAL
_948067
650 4 _aFEDERALISMO FISCAL
_944156
650 4 _aESTABILIDAD PRESUPUESTARIA
_954423
650 4 _aCOINTEGRACION
_937633
650 4 _aSERIES TEMPORALES
_948383
650 4 _aALEMANIA
_925193
520 _aWe 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.
700 1 _aFeld, Lars P.
_913416
700 1 _aKöhler, Ekkehard A.
_965380
773 0 _tFinanzArchiv
_w21244
_gv. 73, n. 1, March 2017, p. 103-132
942 _cART
942 _z147952
999 _c95181
_d95181