Schuldentragfähigkeit mit impliziten Staatsschulden – Leitbild oder Irrlicht?

Jan Priewe

doi:10.2478/wd-2023-0053

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Schuldentragfähigkeit mit impliziten Staatsschulden – Leitbild oder Irrlicht?

Wirtschaftsdienst

Volume 103 (2023): Issue 3 (March 2023)

By: Jan Priewe

Open Access

|Mar 2023

Abstract

Implicit public debt is a calculation based on assumptions that are qualitatively and fundamentally different from explicit public debt, i.e. it cannot be added to the latter. Moreover, they distort the real costs of ageing considerably. This creates a mirage of public debt that drives fiscal policy in the wrong direction like a will-o’-the-wisp. The costs of demographic change are systematically overestimated.

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Articles in this issue

DOI: https://doi.org/10.2478/wd-2023-0053 | Journal eISSN: 1613-978X | Journal ISSN: 0043-6275

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Language: German

Page range: 198 - 204

Published on: Mar 27, 2023

Published by: ZBW – Leibniz-Informationszentrum Wirtschaft

In partnership with: Paradigm Publishing Services

Publication frequency: 12 issues per year

Keywords:

H60,

H63

Related subjects:

Business and economics,

Political economics,

Microeconomics,

Macroeconomics,

Public finance and fiscal theory,

Economic policy

© 2023 Jan Priewe, published by ZBW – Leibniz-Informationszentrum Wirtschaft
This work is licensed under the Creative Commons Attribution 4.0 License.

Volume 103 (2023): Issue 3 (March 2023)