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Staatsschulden: Ursachen, Wirkungen und Grenzen

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  • Carl-Ludwig Holtfrerich

Abstract

This article summarises results of the report on public debt questions published in June 2015 by an interdisciplinary group of scholars appointed by Germany’s National Academy of Science. The 11 authors of the report embarked on their task in 2012 from very diverse points of view on the topic. Thus, a consensus report could only be achieved through a very long process of retrieving the load bearing skeleton of the public debt issue from the flesh of personal opinions (strong priors, as C.P. Kindleberger called them). In a nutshell, the report calls into question the longer-term wisdom of the “debt brake” inserted into Germany’s constitution in 2009. Copyright ZBW and Springer-Verlag Berlin Heidelberg 2015

Suggested Citation

  • Carl-Ludwig Holtfrerich, 2015. "Staatsschulden: Ursachen, Wirkungen und Grenzen," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 95(8), pages 529-533, August.
    • Handle: RePEc:spr:wirtsc:v:95:y:2015:i:8:p:529-533
    DOI: 10.1007/s10273-015-1861-4
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    Citations

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    Cited by:

    1. Ehnts, Dirk H., 2020. "The fiscal-monetary nexus in Germany," IPE Working Papers 138/2020, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
    2. Weizsäcker Carl Christian von, 2017. "Global-Soziale Marktwirtschaft und die Flüchtlingsfrage," Journal for Markets and Ethics, Sciendo, vol. 5(1), pages 1-11, December.
    3. von Weizsäcker, Carl Christian, 2016. "Global-Soziale Marktwirtschaft und die Flüchtlingsfrage," VfS Annual Conference 2016 (Augsburg): Demographic Change 145912, Verein für Socialpolitik / German Economic Association.
    4. von Weizsäcker, Carl Christian, 2016. "Global-Soziale Marktwirtschaft und die Flüchtlingsfrage," HWWI Policy Papers 95, Hamburg Institute of International Economics (HWWI).
    5. König, Jörg, 2022. "Europas Schuldenproblem: Wie sich der gordische Knoten lösen lässt," Argumente zur Marktwirtschaft und Politik 164, Stiftung Marktwirtschaft / The Market Economy Foundation, Berlin.
    6. Klüh, Ulrich, 2016. "Makroökonomische/Sozialpolitische Perspektiven auf die Sozialpolitik/Makroökonomie [Macroeconomic/Social Policy Perspectives on Social Policy/Macroeconomics]," MPRA Paper 71784, University Library of Munich, Germany.
    7. Mause, Karsten, 2018. "Investitionen," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, pages 1039-1048.
    8. Jan Priewe, 2020. "Europäische Wirtschafts- und Währungsunion: Grenzwerte für Defizite und Schulden in der Kritik [A Critique of the Caps on Deficits and Debt in the European Monetary Union]," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 100(7), pages 538-544, July.
    9. Jan Priewe, 2021. "Reforming the Fiscal Rulebook for the Euro Area – and the Challenge of Old and New Public Debt," IMK Studies 72-2021, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    10. von Weizsäcker Carl Christian, 2015. "Kapitalismus in der Krise?: Der negative natürliche Zins und seine Folgen für die Politik," Perspektiven der Wirtschaftspolitik, De Gruyter, vol. 16(2), pages 189-212, June.

    More about this item

    Keywords

    A2; E2; H6;
    All these keywords.

    JEL classification:

    • A2 - General Economics and Teaching - - Economic Education and Teaching of Economics
    • E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment
    • H6 - Public Economics - - National Budget, Deficit, and Debt

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