VoxEU Column Growing like Germany: How high local public debt and local public banks crowd out private investment – and what the debt brake has to do with it Iryna Stewen Michael Stiefel Mathias Hoffmann 22 May 2021 Monetary Policy Financial Markets
Discussion paper DP15912 Growing Like Germany: Local Public Debt, Local Banks, Low Private Investment Iryna Stewen Mathias Hoffmann Michael Stiefel 13 Mar 2021 Financial Economics International Macroeconomics and Finance Public Economics E62 G21 F21 F32 H32