Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/3151
Full metadata record
DC FieldValueLanguage
dc.contributor.authorSiebert, Horsten_US
dc.date.accessioned2009-01-28T14:30:11Z-
dc.date.available2009-01-28T14:30:11Z-
dc.date.issued2004en_US
dc.identifier.urihttp://hdl.handle.net/10419/3151-
dc.description.abstractThis paper analyzes Germany's fiscal policy position. Half of GDP passes through the hands of government, a high debt to GDP ratio limits the maneuvering, and the revenue sharing mechanism prevents a competitive federalism. Most importantly for the future, the federal finance minister has to pick up the deficits that the social security systems leave behind. Transfers from the public budget to the social security systems are large, and since 1998 the elasticity of transfers to nominal GDP is 4. This trend will intensify in an aging society. All these factors weaken the prospects for reform that Germany must undertake in its taxation and expenditure system in view of the changed international conditions.en_US
dc.language.isoengen_US
dc.publisher|aKiel Institute for the World Economy (IfW) |cKielen_US
dc.relation.ispartofseries|aKiel Working Paper |x1196en_US
dc.subject.jelI00en_US
dc.subject.jelH20en_US
dc.subject.jelE13en_US
dc.subject.jelE12en_US
dc.subject.ddc330-
dc.subject.keywordFiscal Policyen_US
dc.subject.keywordSubsidiesen_US
dc.subject.keywordGerman Unificationen_US
dc.subject.keywordDebten_US
dc.subject.keywordRevenue Sharingen_US
dc.subject.keywordSocial Policyen_US
dc.subject.stwFinanzpolitiken_US
dc.subject.stwÖffentliche Schuldenen_US
dc.subject.stwStaatsquoteen_US
dc.subject.stwDeutschlanden_US
dc.titleGermany's fiscal policy stanceen_US
dc.typeWorking Paperen_US
dc.identifier.ppn379947161en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:ifwkwp:1196-

Files in This Item:
File
Size
212.36 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.