Is the German debt brake still up to date? Does it hinder important investments in climate protection and infrastructure? Or does it help to set the right priorities? These questions are discussed by Christian Bayer, Professor of Macroeconomics at the University of Bonn, and Felix Bierbrauer, Professor of Economics at the University of Cologne, in the new episode of the ECONtribute Wirtschaftspodcast – now available on all major podcast portals.
In the new episode, host Carolin Jackermeier talks to the ECONtribute cluster members Christian Bayer and Felix Bierbrauer about what role debt plays for states, why the debt brake was introduced in Germany in the first place and whether a reform would be a wise economic move.
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