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The agony of central power: Fiscal federalism in the German Reich

This article revisits the German system of fiscal federalism between unification in 1871 and hyper-inflation in 1923. I argue that the ill designed fiscal system led to systematically excessive debt for the Reich. The system was the outcome of overlapping distributional conflicts between centre... Full description

1st Person: HEFEKER, CARSTEN
Source: in European review of economic history : EREH Vol. 5, No. 1 (2001), p. 119-142
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Type of Publication: Article
Language: English
Published: 2001
Keywords: research-article
Online: Volltext
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