Is the Cyclical Component of the Debt Brake Still Up to Its Task?
Abstract Debates around the German debt brake currently focus on the whether and how of constitutional reform. Yet, a key component of the debt brake — cyclical adjustment — is only specified in ordinary law. And upon closer inspection, it is precisely that part of the debt brake that is most in nee...
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| Main Authors: | , , |
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| Format: | Article |
| Language: | deu |
| Published: |
Sciendo
2021-08-01
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| Series: | Wirtschaftsdienst |
| Online Access: | https://doi.org/10.1007/s10273-021-2984-4 |
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