Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/126140 
Erscheinungsjahr: 
2012
Quellenangabe: 
[Journal:] Zeitschrift für Wirtschaftspolitik [ISSN:] 0721-3808 [Volume:] 61 [Issue:] 2 [Publisher:] Lucius & Lucius [Place:] Stuttgart [Year:] 2012 [Pages:] 214-231
Verlag: 
Lucius & Lucius, Stuttgart
Zusammenfassung: 
In a bold legislative move, in 2009 Germany introduced a fundamental reform of the government borrowing rules which are specified in its constitu-tion. In particular, state governments will be required to provide a balanced budget, abstracting from cyclical fluctuations, starting in the year 2020. A fundamental requirement for the practical implementation of such a rule is the unequivocal decomposition of the actual budget surplus or deficit into derived structural and cyclical components. This paper uses an approach de-signed to identify cyclical components which tend to average out over time, and calculates the corresponding current structural deficits of all 16 federal states. We find that, at the time being, only two federal states have exerted sufficient effort to reduce their structural deficits to an extent which would be fully compatible with the objective of adhering to the constitutional rules at the end of this decade.
Schlagwörter: 
Öffentliche Schulden
Nachhaltigkeit
Haushaltskonsolidierung
Liquiditätsbeschränkung
Deutschland
Dokumentart: 
Article
Dokumentversion: 
Digitized Version

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