Die Regierung kürzt immer stärker die Leistungen für Geflüchtete. Doch es ist ein Irrglaube, dass sich so Geld sparen lässt. Im Gegenteil: Es wird sogar teurer. Das Narrativ der Populisten, das auch zunehmend Politiker demokratischer Parteien befeuern, ist simpel: Geflüchtete erhielten zu großzügig Sozialleistungen vom deutschen Staat, was vielen Deutschen erheblich schade. So behauptete CDU-Chef Friedrich ...
Refugees have limited health care entitlements during the asylum process. In February 2024, the maximum length of this exclusion period was increased from 18 to 36 months. This increase may double the actual waiting time, which is currently already more than one year, as data from the Socio-Economic Panel show. This particularly affects refugees with a low level of education and little knowledge of ...
Financial repression lowers the return on government debt and contributes, all else equal, towards its liquidation. However, its full effect on the debt-to-GDP ratio hinges on how repression impacts the economy at large because it alters investment and saving decisions. We develop and estimate a New Keynesian model with financial repression. Based on U.S. data for the period 1948–1974, we find, consistent ...