Measuring fiscal sustainability on the municipal level: A German case study

Arbeitspapier

The consequences of ageing populations for federal and state fiscal policies are, due to the research efforts of the last two decades, well known. However, it is rather less well known how the municipal level is affected. Therefore, by using a modification of the sustainability definition formulated by Blanchard, Chouraqui, Hagemann, and Sartor (1990) and the concepts of Auerbachs, Kotlikoffs and Gokhales Generational Accounting (1991) we define a new framework focusing on capital stock, financial management and depreciation of municipal assets. This papers purpose is to deliver a concept which is able to provide sound indicators for long-term budgeting by local authorities. We apply this framework to three German cities with different typologies, Munich, Freiburg and Schwäbisch Hall.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Diskussionsbeiträge ; No. 35

Klassifikation und Themen

• Klassifikation: Wirtschaft
• Thema: Fiscal sustainability ; demographic transition ; municipalities ; Gemeindefinanzen ; Nachhaltigkeit ; Alternde Bevölkerung ; München ; Freiburg (Breisgau) ; Schwäbisch Hall

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Hagist, Christian ; Vatter, Johannes
• Ereignis: Veröffentlichung
• (wer): Albert-Ludwigs-Universität Freiburg, Forschungszentrum Generationenverträge (FZG)
• (wo): Freiburg i. Br.
• (wann): 2009

Weitere Informationen

• Handle: http://hdl.handle.net/10419/38853
• Letzte Aktualisierung: 10.03.2025, 11:43 MEZ