Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/24888 
Authors: 
Year of Publication: 
2009
Series/Report no.: 
Kiel Working Paper No. 1493
Publisher: 
Kiel Institute for the World Economy (IfW), Kiel
Abstract: 
In recent years, a lot of rules concerning government expenditures as well as tax revenues were changed in Germany. Government expenditures in relation to GDP were reduced, income tax rates were lowered and the budget deficit declined. The structure of government expenditures changed in favor of productive expenditures, tax expenditures were reduced. It is concluded that the growth of potential output accelerated in recent years.
Subjects: 
Fiscal policy
tax burden
government expenditures
potential output
JEL: 
H10
H30
H60
Document Type: 
Working Paper

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