Schuldenbremse und öffentliche Investitionen: Erwiderung auf Mühlenweg et al. (2024)

Lars P. Feld; Joshua Hassib; Maximilian Langer; Daniel Nientiedt; Philipp Weber

doi:10.2478/wd-2024-0123

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Schuldenbremse und öffentliche Investitionen: Erwiderung auf Mühlenweg et al. (2024)

Wirtschaftsdienst

Volume 104 (2024): Issue 7 (July 2024)

By: Lars P. Feld, Joshua Hassib, Maximilian Langer, Daniel Nientiedt and Philipp Weber

Open Access

|Jul 2024

Abstract

The political debate regarding the consequences of the German “debt brake” continues. The arguments against its current design are similar to the arguments brought forward in 2009, when the rule was first introduced. One hot-button issue has always been whether the German debt brake constrains public investment. A recent study by Feld et al. (2024) applies the synthetic control method to address this question. Mühlenweg et al. (2024) criticise their approach, building on well-known arguments against the German debt brake. This article counters their arguments.

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Articles in this issue

DOI: https://doi.org/10.2478/wd-2024-0123 | Journal eISSN: 1613-978X | Journal ISSN: 0043-6275

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Language: German

Page range: 476 - 481

Published on: Jul 18, 2024

Published by: ZBW – Leibniz-Informationszentrum Wirtschaft

In partnership with: Paradigm Publishing Services

Publication frequency: 12 issues per year

Keywords:

E52,

H61,

H63

Related subjects:

Business and economics,

Political economics,

Microeconomics,

Macroeconomics,

Public finance and fiscal theory,

Economic policy

© 2024 Lars P. Feld, Joshua Hassib, Maximilian Langer, Daniel Nientiedt, Philipp Weber, published by ZBW – Leibniz-Informationszentrum Wirtschaft
This work is licensed under the Creative Commons Attribution 4.0 License.

Volume 104 (2024): Issue 7 (July 2024)