Carl Christian von Weizsäcker: Sparen, Investieren und Staatskredit im 21. Jahrhundert

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Carl Christian von Weizsäcker

Sparen, Investieren und Staatskredit im 21. Jahrhundert

40 pp.
7.03 EUR
(June 15, 2021)

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Abstract:

On the basis of a capital-theoretic framework à la Böhm-Bawerk, the implications of a „savings glut“ scenario with a negative natural rate of interest are analyzed. Implications for public debt policies, pay-as-you-go systems of social security, and price level stability are discussed, focusing specifically stylized facts capturing the situation of the Eurozone and Germany.

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