Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/275784 
Year of Publication: 
2023
Citation: 
[Journal:] Wirtschaftsdienst [ISSN:] 1613-978X [Volume:] 103 [Issue:] 5 [Year:] 2023 [Pages:] 341-351
Publisher: 
Sciendo, Warsaw
Abstract: 
In der Märzausgabe 2023 veröffentlichte der Wirtschaftsdienst einen Aufsatz mit dem Titel 'Schuldentragfähigkeit mit impliziten Staatsschulden - Leitbild oder Irrlicht?' von Jan Priewe. Hagen Krämer und Carl Christian von Weizsäcker vertreten in einer Replik eine andere Auffassung, im Anschluss erläutert Jan Priewe seinen Standpunkt in einer Erwiderung.
Abstract (Translated): 
Some analyses examining the long-term sustainability of government debt use the term implicit government debt. This is an ap-proach that is occasionally criticized. However, the concept of implicit government debt is necessary to evaluate the scope for long-term fiscal policy and to analyze the consequences of demographic change. Krämer and von Weizsäcker reject the assumption of a general positive interest rate-growth differential that is often made in these sustainability analyses. Priewe focuses on the controversy surrounding implicit government debt and explains a theory of interest rates that differs from Krämer and Weizsäcker but leads to similar results.
Subjects: 
Öffentliche Schulden
Demografischer Wandel
Deutschland
JEL: 
H50
H55
H60
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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