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Searched for Fiscal consolidation.
Found 65 results.
Displaying results 1 to 10 of 65.

  • Publications // 28.10.2010

    "Konsolidierungskurs nach der Krise - Strategien fuer Europa" (Post-Crisis Fiscal Consolidation Strategies for Europe) (24.-25. Maerz 2011, Albert-Ludwigs-Universitaet Freiburg

  • Projects // 20.05.2006

    le and transparent assumptions and calculations, the consolidation need for the individual households are quantified and the current consolidation efforts are evaluated. The new version of the "public [...] The project "public debt monitor" aims at a regular monitoring of fiscal sustainability in Germany, both at the state level (including social security) and the federal level (including municipalities)

  • News // 19.10.2022

    How can a sustainable fiscal policy succeed in times of crisis? ZEW President Professor Achim Wambach discussed these and other questions with the Baden-Württemberg Minister of Finance, Dr. Danyal Bayaz

  • Projects // 01.01.2021

    increase in government expenditure caused by these tax policies will have to be financed by fiscal consolidation measures. The project aims to accompany the tax policy reactions from [...] between COVID-19 policy responses and country-characteristics, or an evaluation of possible fiscal consolidation policies.

  • Press Releases // 14.01.2021

    federal government’s structural – i.e. cyclically adjusted – deficit to 0.35 per cent of GDP since the fiscal year 2016. For the state governments, this legislation became binding in 2020 – albeit with exceptions [...] “The debt brake has helped contain the debt level in German over the past decade. Thanks to this consolidation process at a time of favourable economic development, Germany has been better able than almost [...] Professor Friedrich Heinemann, research department head at ZEW and co-author of the study. The severe fiscal shock triggered by the coronavirus pandemic is one of these exceptions, and it has intensified the

  • Publications // 10.08.2020

    preferences exhibit a large aversion with respect to intergenerational inequality, combining fiscal consolidation and climate policy may offer the chance for societal gains even without considering potential [...] This paper examines the distributional and efficiency impacts of public debt consolidation financed through a carbon tax employing a dynamic general-equilibrium model with overlapping generations of the [...] depend importantly on what tax recycling instrument is used, we find that combining public debt consolidation with a carbon policy entails the possibility of sustained welfare gains for future generations

  • Press Releases // 14.05.2020

    newly elected German Bundestag in 2021 will have to initiate budget consolidation and begin repaying the coronavirus-induced debts. Fiscal policymakers should already keep this in mind and become increasingly [...] Taxation and Public Finance” at ZEW Mannheim, comments. - “Even though the figures seem alarming, fiscal policymakers should not abandon their crisis policy now. There is a consensus among public finance [...] The large tax shortfalls ultimately act as a kind of automatic stimulus package. In this way, the fiscal authorities take over part of the crisis-related losses, thereby relieving companies and private

  • Publications // 26.03.2019

    impact on aggregate demand fiscal austerity has a negative effect on future economic growth and productivity growth and hence also on the supply side. Fiscal consolidation is desirable only if it enables [...] for firms to invest in adopting new technologies. New insights from the FRAME project show that fiscal austerity has severe negative consequences for productivity and economic growth in the medium-run

  • News // 15.12.2009

    given a damning assessment of the agreement's provisions on the consolidation of public budgets. Instead of developing a consistent consolidation strategy, which would have to be introduced in 2011, policymakers [...] for consolidation of 37 billion Euros could be met through higher economic growth alone by time the debt brake enters into force in 2016. Although greater economic growth facilitates consolidation, it [...] implement an “exit strategy” that does not threaten economic stability. This exit strategy must encompass fiscal policy, financial market stability and monetary policy. It should also contain a reduction in the

  • Publications // 18.09.2018

    debt-to-GDP ratio decreases by around eleven percentage points on average, most of these consolidation being explained by decreasing expenditures rather than increasing tax revenues. Using the

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