Das Public Kapital : How Much Would Higher German Public Investment Help Germany and the Euro Area? /

Given the backdrop of pressing infrastructure needs, this paper argues that higher German public investment would not only stimulate domestic demand in the near term and reduce the current account surplus, but would also raise output over the longer-run as well as generate beneficial regional spillo...

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Bibliographic Details
Main Author: Elekdag, Selim
Other Authors: Muir, Dirk
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2014.
Series:IMF Working Papers; Working Paper ; No. 2014/227
Online Access:Full text available on IMF