The Cyclical Component of the Debt Brake — Leeway and Limits
Abstract This article discusses the constitutional framework for reforming the cyclical component of the debt brake in Germany. This component takes cyclical developments into account when determining the permissible level of public debt. When designing the cyclical component, a variety of judgments...
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Main Authors: | Stefan Korioth, Michael W. Müller |
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Format: | Article |
Language: | deu |
Published: |
Sciendo
2021-12-01
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Series: | Wirtschaftsdienst |
Online Access: | https://doi.org/10.1007/s10273-021-3068-1 |
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