Working Paper

Staatsverschuldungsunterschiede im internationalen Vergleich und Schlussfolgerungen für Deutschland

by Heiner Mikosch and Silke Uebelmesser


Contents: [ Abstract | Download | Contact]

• Abstract
  
  This article analyses public debt differences across industrial countries with a special focus on Germany on the basis of political economy approaches. We are interested in identifying the em-pirically relevant theories in order to draw conclusions for Germany based on international dif-ferences in the preferences of the political agents and/or in the political or budgetary institutions. We discuss the recent developments in Germany – notably the reform of the distribution of com-petencies between the federal and the state level – and conclude that the current situation pro-vides some opportunities to address the issue of public debt.
  
   
• Download
  
  The article should be soon available via the distribution channels of the journal.
  
  
• Contact
  
  Silke Uebelmesser
  University of Munich, Department of Economics, CES, Schackstr. 4, 80539 Munich, Germany,
  eMail: uebelmesser@lmu.de

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