IDEAS home Printed from https://ideas.repec.org/p/zbw/ipewps/1762021.html
   My bibliography  Save this paper

Fiskalische Spielräume für eine offensive Wohnungsbaupolitik

Author

Listed:
  • Heine, Michael
  • Herr, Hansjörg

Abstract

Fiskalpolitik ist ein zentraler Bereich makroökonomischer Politik. Die Schuldenbremse in Deutschlands und der Fiskalpakt im Bereich der Europäischen Währungsunion haben den Spielraum für die Fiskalpolitik dysfunktional und schädlich eingeschränkt. Als Hintertür verbleiben in Deutschland allerdings Sonderhaushalte, da diese sich verschulden dürfen. Wir plädieren für eine goldene Regel der Fiskalpolitik, die eine mittelfristige Nettoverschuldung in Höhe der staatlichen Bruttoinvestitionen erlaubt. Auch schlagen wir eine staatliche Förderung von Wohnungsbaugenossenschaften vor, die eine wichtige Rolle auf dem deutschen Immobilienmarkt spielen sollten. Wird die Schuldenbremse nicht außer Kraft gesetzt oder modifiziert, sollten zumindest Sonderhaushalte zur Förderung des Wohnungsbaus und insbesondere von Wohnungsbaugenossenschaften auf Länder- und Bundesebene kurzfristig aufgebaut werden. Sinnvoll wären auch Steuererhöhungen auf Kosten der Bezieher hoher Einkommen und hoher Vermögen. So könnte ein permanenter Anstieg der öffentlichen Schuldenquote verhindert werden.

Suggested Citation

  • Heine, Michael & Herr, Hansjörg, 2022. "Fiskalische Spielräume für eine offensive Wohnungsbaupolitik," IPE Working Papers 176/2021, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
    • Handle: RePEc:zbw:ipewps:1762021
    as

    Download full text from publisher

    File URL: https://www.econstor.eu/bitstream/10419/251371/1/1795484683.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Carsten Schröder & Charlotte Bartels & Konstantin Göbler & Markus M. Grabka & Johannes König, 2020. "MillionärInnen unter dem Mikroskop: Datenlücke bei sehr hohen Vermögen geschlossen – Konzentration höher als bisher ausgewiesen," DIW Wochenbericht, DIW Berlin, German Institute for Economic Research, vol. 87(29), pages 511-521.
    2. Stanley Fischer & Ratna Sahay & Carlos A. Végh, 2002. "Modern Hyper- and High Inflations," Journal of Economic Literature, American Economic Association, vol. 40(3), pages 837-880, September.
    3. Hubertus Bardt & Sebastian Dullien & Michael Hüther & Katja Rietzler, 2019. "Für eine solide Finanzpolitik: Investitionen ermöglichen!," IMK Report 152-2019, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    4. Neves, Pedro Cunha & Afonso, Óscar & Silva, Sandra Tavares, 2016. "A Meta-Analytic Reassessment of the Effects of Inequality on Growth," World Development, Elsevier, vol. 78(C), pages 386-400.
    5. Reischmann Markus, 2014. "Staatsverschuldung in Extrahaushalten: Historischer Überblick und Implikationen für die Schuldenbremse in Deutschland," Perspektiven der Wirtschaftspolitik, De Gruyter, vol. 15(2), pages 171-181, June.
    6. Jean-Marc Fournier, 2016. "The Positive Effect of Public Investment on Potential Growth," OECD Economics Department Working Papers 1347, OECD Publishing.
    7. Georg Hermes & Lukas Vorwerk & Thorsten Beckers, 2020. "Die Schuldenbremse des Bundes und die Möglichkeit der Kreditfinanzierung von Investitionen – Rechtslage, ökonomische Beurteilung und Handlungsempfehlungen," IMK Studies 70-2020, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    8. Sebastian Dullien & Katja Rietzler & Silke Tober, 2021. "Ein Transformationsfonds für Deutschland," IMK Studies 71-2021, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    9. Achim Truger & Katja Rietzler & Henner Will & Rudolf Zwiener, 2010. "Alternative Strategien der Budgetkonsolidierung in Österreich nach der Rezession," IMK Studies 02-2010, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    10. Achim Truger, 2015. "Implementing the Golden Rule for Public Investment in Europe: Safeguarding Public Investment and Supporting the Recovery. WWWforEurope Policy Paper No. 22," WIFO Studies, WIFO, number 57898, August.
    11. Hansjörg Herr, 2009. "The labour market in a Keynesian economic regime: theoretical debate and empirical findings," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 33(5), pages 949-965, September.
    12. Kira Baresel & Heike Eulitz & Uwe Fachinger & Markus M. Grabka & Christoph Halbmeier & Harald Künemund & Alberto Lozano Alcántara & Claudia Vogel, 2021. "Hälfte aller Erbschaften und Schenkungen geht an die reichsten zehn Prozent aller Begünstigten," DIW Wochenbericht, DIW Berlin, German Institute for Economic Research, vol. 88(5), pages 63-71.
    13. Stefan Bach, 2019. "100 Jahre deutsches Steuersystem: Grundlagen, Reformen und Herausforderungen," DIW Wochenbericht, DIW Berlin, German Institute for Economic Research, vol. 86(47), pages 857-863.
    14. Mr. Stanley Fischer & Ms. Ratna Sahay & Mr. Carlos A. Végh Gramont, 2002. "Modern Hyper- and High Inflations," IMF Working Papers 2002/197, International Monetary Fund.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Herr, Hansjörg. & Sonat, Zeynep M., 2013. "Neoliberal unshared growth regime of Turkey in the post-2001 period," ILO Working Papers 994841263402676, International Labour Organization.
    2. Herr, Hansjörg & Sonat, Zeynep M., 2013. "Neoliberal Unshared Growth Regime of Turkey in the Post-2001 Period," EconStor Preprints 88606, ZBW - Leibniz Information Centre for Economics.
    3. repec:ilo:ilowps:484126 is not listed on IDEAS
    4. Nina Dodig & Hansjorg Herr, 2014. "Previous financial crises leading to stagnation – selected case studies," Working papers wpaper24, Financialisation, Economy, Society & Sustainable Development (FESSUD) Project.
    5. Herwartz, Helmut & Reimers, Hans-Eggert, 2006. "Modelling the Fisher hypothesis: World wide evidence," Economics Working Papers 2006-04, Christian-Albrechts-University of Kiel, Department of Economics.
    6. Atanas Christev, 2006. "Learning Hyperinflations," Computing in Economics and Finance 2006 475, Society for Computational Economics.
    7. Ricardo Reis, 2016. "Can the Central Bank Alleviate Fiscal Burdens?," Discussion Papers 1701, Centre for Macroeconomics (CFM).
    8. Lin, Hsin-Yi & Chu, Hao-Pang, 2013. "Are fiscal deficits inflationary?," Journal of International Money and Finance, Elsevier, vol. 32(C), pages 214-233.
    9. Henry, Peter B. & Lorentzen, Peter Lombard, 2003. "Domestic Capital Market Reform and Access to Global Finance: Making Markets Work," Research Papers 1820, Stanford University, Graduate School of Business.
    10. Oya Celasun & R. Gaston Gelos & Alessandro Prati, 2004. "Would "Cold Turkey" Work in Turkey?," IMF Staff Papers, Palgrave Macmillan, vol. 51(3), pages 493-509, November.
    11. Carmen M. Reinhart & Kenneth S. Rogoff, 2011. "The Forgotten History of Domestic Debt," Economic Journal, Royal Economic Society, vol. 121(552), pages 319-350, May.
    12. José De Gregorio, "undated". "Inflation Targets in Latin America," Working Papers wp490, University of Chile, Department of Economics.
    13. Cohen, Joseph N & Linton, April, 2010. "The historical relationship between inflation and political rebellion, and what it might teach us about neoliberalism," MPRA Paper 22522, University Library of Munich, Germany.
    14. Carsten Hefeker, 2010. "Fiscal reform and monetary union in West Africa," Journal of International Development, John Wiley & Sons, Ltd., vol. 22(1), pages 86-102.
    15. Joachim Voth, 2013. "Tightening Tensions: Fiscal Policy and Civil Unrest in South America, 1937–95," Central Banking, Analysis, and Economic Policies Book Series, in: Luis Felipe Céspedes & Jordi Galí (ed.),Fiscal Policy and Macroeconomic Performance, edition 1, volume 17, chapter 3, pages 59-92, Central Bank of Chile.
    16. Khan, Safdar Ullah & Saqib, Omar Farooq, 2011. "Political instability and inflation in Pakistan," Journal of Asian Economics, Elsevier, vol. 22(6), pages 540-549.
    17. Eydam, Ulrich & Leupold, Florian, 2024. "What is it good for? On the inflationary effects of military conflicts," International Economics, Elsevier, vol. 179(C).
    18. Janet L. Yellen, 2009. "The outlook for the economy and real estate," Speech 77, Federal Reserve Bank of San Francisco.
    19. Ilker Domaç & Eray M. Yücel, 2005. "What Triggers Inflation in Emerging Market Economies?," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 141(1), pages 141-164, April.
    20. Emilio Ocampo, 2021. "A Brief History of Hyperinflation in Argentina," CEMA Working Papers: Serie Documentos de Trabajo. 787, Universidad del CEMA.
    21. Iulia Siedschlag, 2008. "Macroeconomic Differentials and Adjustment in the Euro Area," SUERF Studies, SUERF - The European Money and Finance Forum, number 2008/3 edited by Morten Balling, May.

    More about this item

    Keywords

    Fiskalpolitik; Schuldenbremse; Wohnungsbau;
    All these keywords.

    JEL classification:

    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt
    • R31 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - Housing Supply and Markets

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:zbw:ipewps:1762021. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: https://edirc.repec.org/data/iphwrde.html .

    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.