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Schuldenbremse 2020: große Unterschiede beim Konsolidierungsbedarf der Länder

Author

Listed:
  • Ingolf Deubel
  • Jürgen Hamker
  • Dominik Rumpf
  • Dan Stegarescu

Abstract

This article examines the scope for expenditure of each German federal state (including local governments) to achieve a balanced budget in 2020 when the debt brake fully enters into force. After deducting interest and pension burden, a major group of states could afford marked annual increases vis-à-vis 2013. Heavily indebted Bremen could raise expenditure only slightly, whereas Saarland would have to reduce it even given lower interest rate and pension increase assumptions. Some East German states also face major challenges despite 2013 budget surpluses, as special financial assistance will be phased out. Figures adjusted for price changes indicate needs for cuts in several states. Copyright ZBW and Springer-Verlag Berlin Heidelberg 2015

Suggested Citation

  • Ingolf Deubel & Jürgen Hamker & Dominik Rumpf & Dan Stegarescu, 2015. "Schuldenbremse 2020: große Unterschiede beim Konsolidierungsbedarf der Länder," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 95(3), pages 200-207, March.
    • Handle: RePEc:spr:wirtsc:v:95:y:2015:i:3:p:200-207
    DOI: 10.1007/s10273-015-1806-y
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    Citations

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    Cited by:

    1. Potrafke Niklas & Riem Marina & Schinke Christoph, 2016. "Debt Brakes in the German States: Governments’ Rhetoric and Actions," German Economic Review, De Gruyter, vol. 17(2), pages 253-275, May.

    More about this item

    Keywords

    H68; H72; H74;
    All these keywords.

    JEL classification:

    • H68 - Public Economics - - National Budget, Deficit, and Debt - - - Forecasts of Budgets, Deficits, and Debt
    • H72 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Budget and Expenditures
    • H74 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Borrowing

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