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Fiscal consolidation in Germany

  • Fiscal Consolidation
  • Published:
Intereconomics

Abstract

The German federal government’s fiscal consolidation package, announced in June, is designed to permanently reduce the federal deficit to a new target level. This article uses a three-region version of the European Commission’s QUEST model to gauge the impact of the package on Germany and the spillover to the rest of the euro area and the rest of the world.

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Authors and Affiliations

  1. European Commission, Brussels, Belgium

    Lukas Vogel

Authors
  1. Werner Roeger
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  2. Jan in’t Veld
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  3. Lukas Vogel
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Additional information

The authors thank Georg Busch, Karolina Leib, Istvan Székely and Norbert Wunner for comments and suggestions. The views are those of the authors and not necessarily those of the European Commission.

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Roeger, W., in’t Veld, J. & Vogel, L. Fiscal consolidation in Germany. Intereconomics 45, 364–371 (2010). https://doi.org/10.1007/s10272-010-0357-0

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  • DOI: https://doi.org/10.1007/s10272-010-0357-0

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