Budgetdefizite und Finanzierungsuberschusse

Budgetdefizite und Finanzierungsuberschusse

In the stability- and growth packet, a 3%-deficit limit for state budgets is built-in in order to avoid high demand on the common capital market of the Euro zone. What conclusions can be drawn from a factual use of the capital market from financing balances of national accounting? How can the argume...

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Veröffentlicht in:Wirtschaftsdienst (Hamburg) 2006-01, Vol.86 (1), p.47-52
1. Verfasser: Konrad, Anton
Format: Artikel
Sprache:ger
Schlagworte:
Capital budget
Deficit financing
Fiscal policy
Germany
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Zusammenfassung:In the stability- and growth packet, a 3%-deficit limit for state budgets is built-in in order to avoid high demand on the common capital market of the Euro zone. What conclusions can be drawn from a factual use of the capital market from financing balances of national accounting? How can the argument about generation justice be evaluated? What would the consequences be of a current budget consolidation?
ISSN:0043-6275