Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/267108 
Year of Publication: 
2022
Citation: 
[Journal:] Wirtschaftsdienst [ISSN:] 1613-978X [Volume:] 102 [Issue:] 11 [Publisher:] Springer [Place:] Heidelberg [Year:] 2022 [Pages:] 881-884
Publisher: 
Springer, Heidelberg
Abstract: 
Weltweit sind die Volkswirtschaften mit hohen Preissteigerungen konfrontiert. Unter anderem beeinflusst die Inflation den Staatshaushalt sowie die Tragfähigkeit der öffentlichen Schulden. Wie und in welchem Ausmaß wird die Staatsschuldenquote durch die höhere Inflationsrate beeinflusst? Es wird gezeigt, dass eine hohe Inflation kein Heilmittel gegen eine hohe Staatsschuldenquote ist.
Abstract (Translated): 
Economies around the world are facing high price increases. Inflation affects government budgets as well as the sustainability of public debt. How and to what extent is the public debt ratio affected by higher inflation rates? High inflation is not a lasting remedy for a high public debt ratio. Only under very specific conditions - and by simultaneously ignoring the manifold knock-on effects of inflation - does a higher inflation rate bring about a decline in the government debt ratio. In the longer term, it may be dangerous if inflation expectations are de-anchored and interest rates rise for a prolonged time so that debt sustainability is ultimately jeopardised.
JEL: 
E3
E4
E6
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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