Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/28374 
Authors: 
Year of Publication: 
2009
Series/Report no.: 
Kiel Working Paper No. 1547
Publisher: 
Kiel Institute for the World Economy (IfW), Kiel
Abstract: 
In many countries, fiscal policy became strongly expansionary in order to fight the recession. Structural budget deficits increased sharply and might remain high after the end of the recession. This would raise real interest rates and would impair economic growth. Some measures to reduce the budget deficit in Germany are proposed.
Subjects: 
Fiscal policy
public sector deficits
economic growth
JEL: 
H62
H63
H68
Document Type: 
Working Paper

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