The Debt Brake in the Eyes of the German Population

In response to the recent sovereign debt crisis, the member states of the European Union agreed to enact balanced budget rules in their national legislation. However, little is known about the public’s opinion of balanced budget rules. To fill this gap, we conducted a survey among 2,000 representati...

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發表在:MAGKS - Joint Discussion Paper Series in Economics (Band 41-2014)
Autoren: Hayo, Bernd, Neumeier, Florian
格式: Artikel
語言:英语
出版: Philipps-Universität Marburg 2014
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總結:In response to the recent sovereign debt crisis, the member states of the European Union agreed to enact balanced budget rules in their national legislation. However, little is known about the public’s opinion of balanced budget rules. To fill this gap, we conducted a survey among 2,000 representatively chosen German citizens. Our findings suggest that 61% of the German population supports the debt brake, whereas only 8% oppose it. However, approval rates differ notably among various subgroups of the population. The debt brake enjoys greater support among high-income earners and among those well-informed about the future costs of deficit spending. People who do not trust politicians would like to see the government’s hands tied even more tightly. Opinions about the debt brake also differ markedly across the supporters of different political parties.
實物描述:27 Seiten
ISSN:1867-3678
DOI:10.17192/es2024.0342