Abstract
Credit financed public investment programmes can improve generational justice if they strengthen economic growth and reduce public debt in the long run. A new study shows that public investments in infrastructure, universities, and full day schools and preschools improve generational justice. Public investments in full day schools and preschools have the largest impact on generational justice and improve
distributional justice as well. These results suggest that economic policy should use the available fiscal space to enhance public investment.
distributional justice as well. These results suggest that economic policy should use the available fiscal space to enhance public investment.
| Translated title of the contribution | Public Investment as a Safeguard for Generational Justice |
|---|---|
| Original language | German |
| Peer-reviewed scientific journal | Wirtschaftsdienst |
| Volume | 97 |
| Issue number | 1 |
| Pages (from-to) | 40-44 |
| ISSN | 0043-6275 |
| DOIs | |
| Publication status | Published - 2017 |
| MoE publication type | B1 Journal article |