IDEAS home Printed from https://ideas.repec.org/a/vrs/wirtsc/v103y2023i5p341-351n17.html
   My bibliography  Save this article

Schuldentragfähigkeit mit impliziten Staatsschulden: Replik und Erwiderung

Author

Listed:
  • Krämer Hagen
  • Weizsäcker Carl Christian von

Abstract

Some analyses examining the long-term sustainability of government debt use the term implicit government debt. This is an approach that is occasionally criticized. However, the concept of implicit government debt is necessary to evaluate the scope for long-term fiscal policy and to analyze the consequences of demographic change. Krämer and von Weizsäcker reject the assumption of a general positive interest rate-growth differential that is often made in these sustainability analyses. Priewe focuses on the controversy surrounding implicit government debt and explains a theory of interest rates that differs from Krämer and Weizsäcker but leads to similar results.

Suggested Citation

  • Krämer Hagen & Weizsäcker Carl Christian von, 2023. "Schuldentragfähigkeit mit impliziten Staatsschulden: Replik und Erwiderung," Wirtschaftsdienst, Sciendo, vol. 103(5), pages 341-351, May.
    • Handle: RePEc:vrs:wirtsc:v:103:y:2023:i:5:p:341-351:n:17
    DOI: 10.2478/wd-2023-0102
    as

    Download full text from publisher

    File URL: https://doi.org/10.2478/wd-2023-0102
    Download Restriction: no
    File URL: https://libkey.io/10.2478/wd-2023-0102?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    JEL classification:

    • H50 - Public Economics - - National Government Expenditures and Related Policies - - - General
    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
    • H60 - Public Economics - - National Budget, Deficit, and Debt - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vrs:wirtsc:v:103:y:2023:i:5:p:341-351:n:17. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.sciendo.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.