Growth and Debt Effects of a Credit-Financed Public Investment Offensive
Abstract Simulations of a deficit-financed public investment programme in Germany amounting to €460 billion over ten years in the macroeconomic model NiGEM show that it will finance itself in 30 years at most, even under conservative model assumptions. In the basic version of the model, GDP is 3 % t...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | deu |
| Published: |
Springer
2021-09-01
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| Series: | Wirtschaftsdienst |
| Online Access: | https://doi.org/10.1007/s10273-021-3003-5 |