Publications

Die regionalen Effekte der Grunderwerbsteuer: Zeit für Reformen
Since a large reform in 2006, the real estate transfer tax has played a central role in the fiscal policies of the German states. The …
Désirée I. Christofzik, Lars P. Feld, Mustafa Yeter
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Unraveling the Productivity Paradox: Evidence for Germany
Despite massive digitization efforts, the German economy has experienced a marked slowdown in its productivity growth. This paper …
Désirée I. Christofzik, Steffen Elstner, Lars P. Feld, Christoph M. Schmidt
Cite Published Version Working Paper VoxEU Blog Inclusive Productivity
Unraveling the Productivity Paradox: Evidence for Germany
Förderprogramme für Kommunen: politische Verflechtungen und Informationsdefizite
In financing investments, municipalities rely heavily on infrastructure grants. These funds are distributed through numerous …
Désirée I. Christofzik, Matthias Quinckhardt
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On the public provision of positional goods
We investigate whether public provision of positional goods can be a sensible instrument to address inefficiencies arising from …
Désirée I. Christofzik, Sebastian G. Kessing
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Es ist nicht alles Gold, was glänzt – Probleme von Investitionsregeln
Désirée I. Christofzik
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Hearing in the interior committee of the Rhineland-Palatinate state parliament
Désirée I. Christofzik, Oliver Märtz
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Inflation und Zinsen: Wirkungen auf die kommunale Finanzlage in Nordrhein-Westfalen
Since 2022, inflation and interest rates in Germany have noticeably increased. We examine the impact of heightened inflation and …
Désirée I. Christofzik, Niklas Isaak, Robin Jessen, Florian Kirsch
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Das Haushaltsurteil und seine Folgen
Désirée I. Christofzik
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Die Zeitenwende im Bundeshaushalt steht noch aus
Désirée I. Christofzik
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Haushaltsspielräume des Bundes: Strukturelle Schieflagen lösen sich nicht durch Aufschieben
In recent years, Germany has defused numerous political conflicts through additional financial leeway. Alongside declining interest …
Désirée I. Christofzik
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Zahlungen der Länder an Gemeinden in finanzstatistischer Abgrenzung – Eckpunkte eines Schätzmodells
As part of national fiscal policy coordination, regular forecasts of the development of public budgets are required. This research …
Désirée I. Christofzik
PDF
Hearing in the finance committee of the Schleswig-Holstein state parliament
The statement deals with an analysis by the State Auditors of Schleswig-Holstein on the sustainability of the state’s finances. …
Désirée I. Christofzik
PDF
Hearing in the interior committee of the Rhineland-Palatinate state parliament
The topic of the statement and hearing was the new regulation of financial relationships between the state and municipalities. The …
Désirée I. Christofzik
PDF
Hearing in the finance committee of the Mecklenburg-Vorpommern state parliament
The statement discusses how the Kameralistik (a method of budgeting and accounting used by German public sector entities) can be …
Désirée I. Christofzik
PDF
Das deutsche Produktivitätsparadoxon: Eine Spurensuche
Désirée I. Christofzik, Steffen Elstner, Lars P. Feld, Christoph M. Schmidt
Blog Inclusive Productivity
Macroeconomic effects of the anticipation and implementation of tax changes in Germany: Evidence from a narrative account
This paper quantifies the dynamic macroeconomic effects of tax changes in Germany, allowing for anticipation effects of preannounced …
Désirée I. Christofzik, Angela Fuest, Robin Jessen
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The German Productivity Paradox: A Homegrown Affair
Despite massive digitization efforts, the German economy has experienced a marked slowdown in its productivity growth. While at first …
Désirée I. Christofzik, Steffen Elstner, Lars P. Feld, Christoph M. Schmidt
VoxEU
Fiskalische Einordnung der Programme zur Bundestagswahl 2021
Désirée I. Christofzik, Lars P. Feld, Philipp Weber
PDF
International spillover effects of U.S. tax reforms: Evidence from Germany
This paper explores the international transmission of U.S. tax shocks. Using structural vector autoregressions, we study the impact on …
Désirée I. Christofzik, Steffen Elstner
Cite Published Version (ungated) Working Paper Replication Files Online Appendix
International spillover effects of U.S. tax reforms: Evidence from Germany
Erwiderung: Licht und Schatten der Doppik-Umstellung
In der Septemberausgabe 2020 veröffentlichte der Wirtschaftsdienst einen Aufsatz mit dem Titel „Bremst die Doppik öffentliche …
Désirée I. Christofzik, Florian Dorn, Stefanie Gäbler, Christian Raffer, Felix Rösel
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Heterogeneous price and quantity effects of the real estate transfer tax in Germany
Using quarterly data for German counties, we study how housing prices and offers respond to higher transaction costs induced by tax …
Désirée I. Christofzik, Lars P. Feld, Mustafa Yeter
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Heterogeneous price and quantity effects of the real estate transfer tax in Germany
Bremst die Doppik öffentliche Investitionen? Ergebnisse aus drei aktuellen Evaluationsstudien
International organisations push for accrual accounting in the public sector. Accrual budgets should reveal the depreciation of public …
Désirée I. Christofzik, Florian Dorn, Stefanie Gäbler, Christian Raffer, Felix Rösel
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Bremst die Doppik öffentliche Investitionen? Ergebnisse aus drei aktuellen Evaluationsstudien
Does accrual accounting alter fiscal policy decisions? - Evidence from Germany
Many governments have replaced traditional cash-based accounting with some form of accrual-based accounting system. However, empirical …
Désirée I. Christofzik
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Does accrual accounting alter fiscal policy decisions? - Evidence from Germany
Fiscal Policy Adjustments to Budget Shocks: Evidence from German Municipalities
We study the fiscal policy reactions of municipalities in the German state of North Rhine-Westphalia to an unanticipated spending …
Désirée I. Christofzik, Benny Schneider
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Fiscal Policy Adjustments to Budget Shocks: Evidence from German Municipalities
A mechanism to regulate sovereign debt restructuring in the euro area
A missing element in the architecture of the euro area is a mechanism for an orderly restructuring of unsustainable sovereign debt. …
Jochen Andritzky, Désirée I. Christofzik, Lars P. Feld, Uwe Scheuering
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Öffentliche Investitionen: Wie viel ist zu wenig?
Die Erhöhung der öffentlichen Investitionsquote wird gern als Allheilmittel zur Stärkung der Wirtschaft empfohlen. Allerdings: Das …
Désirée I. Christofzik, Lars P. Feld, Mustafa Yeter
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Uniting European fiscal rules: How to strenghten the fiscal framework
The current European fiscal framework is highly complex. The multitude of fiscal rules and the discretion in their enforcement …
Désirée I. Christofzik, Lars P. Feld, Wolf Heinrich Reuter, Mustafa Yeter
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Entwarnung oder trügerische Ruhe? Entwicklung und Struktur der öffentlichen Verschuldung in Deutschland
Unterstützt durch den breiten konjunkturellen Aufschwung und die niedrigen Finanzierungskosten dürfte der Gesamtstaat im Jahr 2018 …
Désirée I. Christofzik, Lars P. Feld
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Entwarnung oder trügerische Ruhe? Entwicklung und Struktur der öffentlichen Verschuldung in Deutschland
Does fiscal oversight matter?
A gradually introduced reform of local government accounting made it temporarily possible for municipalities in the German state of …
Désirée I. Christofzik, Sebastian G. Kessing
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Influx of refugees: Integration as a key challenge
In 2015 and 2016, more than one million refugees arrived in Germany. While granting these migrants access to the country is an …
Jochen Andritzky, Bodo Aretz, Désirée I. Christofzik, Christoph M. Schmidt
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Auswirkungen der Flüchtlingsmigration auf die langfristige Tragfähigkeit der öffentlichen Finanzen
Die bestehenden Tragfähigkeitsrisiken in Deutschland resultieren aus der demografischen Alterung und sind weiterhin erheblich. Dieser …
Bodo Aretz, Désirée I. Christofzik, Uwe Scheuering, Martin Werding
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Gläubiger bei Staatsschuldenkrisen beteiligen
Jochen Andritzky, Désirée I. Christofzik, Lars P. Feld, Uwe Scheuering
Zeitschrift
Gläubiger bei Staatsschuldenkrisen beteiligen
Jochen Andritzky, Désirée I. Christofzik, Lars P. Feld, Uwe Scheuering
Zeitschrift
Zurück in die steuerliche Steinzeit?
Désirée I. Christofzik, Lars P. Feld, Uwe Scheuering
Open Access PDF
Gefahr für die schwarze Null
Désirée I. Christofzik, Lars P. Feld, Uwe Scheuering
Zeitschrift