Policy Article

Low interest rates and fast monetary expansion: what should financial policy do? (in German)

Author

  • Jens Boysen-Hogrefe
Publication Date

The current phase of low interest rates confronts German fiscal policy with a particular challenge. If monetary conditions induce a boom the risk will raise that the fiscal stance will be overstated by common methods. The Kiel Institute’s fiscal expert Jens Boysen-Hogrefe describes options for fiscal policy how to react on these risks.

Kiel Institute Expert