Eckhard Janeba What Can We Learn from Governments’ Compliance with Fiscal Rules?

Eckhard Janeba is Professor of Public Finance and Economic Policy at the University of Mannheim. After receiving his doctorate from the University of Bonn, he moved to the US and worked at Indiana University Bloomington and at the University of Colorado Boulder. Janeba’s research focuses on public finance, international trade and the effects of globalization on government policy. An associate editor for the journals International Tax and Public Finance and the European Economic Review, Janeba is Chairman (since 2013) of the Independent Advisory Board to the German Stability Council.

Area of Research

Public Finance, International Trade, Impacts of Globalization on Government Action

since 2004

Professor of Economics

University of Mannheim (Universität Mannheim)

since 2008

Research Associate

Centre for European Economic Research (ZEW)

since 2007

International Research Fellow

University of Oxford

Centre for Business Taxation

1999-2005

Faculty Research Fellow

National Bureau of Economic Research (NBER)

2003-2004

Associate Professor (Tenure)

University of Colorado Boulder

1999-2003

Assistant Professor of Economics and International Affairs

University of Colorado Boulder

1994-1999

Assistant Professor of Economics

Indiana University Bloomington

1990-1994

PhD in Economics

University of Bonn (Rheinische Friedrich-Wilhelms-Universität Bonn)

- European Economic Review (since 2011)

- Public Finance Review (since 2010)

- International Tax and Public Finance (since 2004)

- Academic Advisory Board, Federal Ministry for Economic Affair and Energy, Germany (since 2007)

- American Economic Association (EEA)

- Verein für Socialpolitik

- International Institute of Public Finance

Prizes

- Lehrpreis der Fachschaft Volkswirtschaftslehre an der Universität Mannheim (2017)

- Teaching Excellence Recognition Award, Indiana University (1998)

- “The International Context of Tax and Public Sector Reform Decisions”, Projektleiter (mit Friedrich Heinemann, ZEW), Sonderforschungsbereich 884 Political Economy of Reforms (2010-2014)

- „Überlappende Kompetenzen und dezentraler Wettbewerb im tertiären Bildungssektor,“ Projektleiter (mit Alexander Kemnitz), DFG Schwerpunktprogramm 1142: Institutionelle Gestaltung föderaler Systeme (2005-2009)

Fiscal rules constrain governments from running deficits or from accumulating too much debt. In this video, ECKHARD JANEBA considers how we can assess and understand compliance with fiscal rules and, therefore, their broader utility. Focusing on the German “Debt Break” fiscal rule that requires state governments to run balanced budgets from 2020 onwards, Janeba conducted two waves of surveys with relevant policymakers. Providing particular insight into prospects for compliance with this fiscal rule, the work also identifies important attitudinal differences between different groups of policymakers. With fiscal rules becoming more common worldwide, the research helps us to understand how their design might be optimized.

LT Video Publication DOI: https://doi.org/10.21036/LTPUB10648

Fiscal Rules and Compliance Expectations–Evidence for the German Debt Brake

  • Friedrich Heinemann, Eckhard Janeba, Christoph Schröder and Frank Streif
  • Journal of Public Cconomics
  • Published in 2016
Friedrich Heinemann, Eckhard Janeba, Christoph Schröder and Frank Streif. "Fiscal Rules and Compliance Expectations–Evidence for the German Debt Brake." Journal of Public Cconomics 142 (2016): 11–23. doi:10.1016/j.jpubeco.2016.07.007.