@phdthesis{SarnesNitu2018,
  author    = {Sarnes-Nitu, Juliane},
  title     = {Mit der Schuldenbremse zu nachhaltigen Staatsfinanzen?},
  url       = {http://nbn-resolving.de/urn:nbn:de:kobv:517-opus4-413804},
  school      = {Universit{\"a}t Potsdam},
  pages     = {294},
  year      = {2018},
  abstract  = {The core question of this paper is: Does the debt brake secure fiscal sustainability in Germany? To answer this question, we will first examine the effects of the introduction of the debt brake on the German federal states in the period 2010-16. For this purpose, the observed consolidation performance and the consolidation incentive or pressure experienced by the federal states were evaluated with the help of a scorecard specifically developed for this purpose. Multiple regression analysis was used to analyze how the scorecard factors affect the consolidation performance of the federal states. It found that nearly 90\% of the variation was explained by the independent variables budgetary position, debt burden, revenue growth and pension burden. Thus the debt brake likely played a subordinate role in the 2009-2016 consolidation episode. Subsequently, the data collected in 65 expert interviews was used to analyze the limits of the new fiscal rule, and to determine which potential risks could hinder or prevent the debt brake in the future: municipal debt, FEUs, contingent liabilities in the form of guarantees for financial institutions and pension obligations. The frequently expressed criticism that the debt brake impedes economic growth and public investments is also reviewed and rejected. Finally, we discuss potential future developments regarding the debt brake and the German public administration as well as future consolidation efforts of the L{\"a}nder.},
  language  = {de}
}
@article{WutzlerHudsonThieken2022,
  author    = {Wutzler, Bianca and Hudson, Paul and Thieken, Annegret},
  title     = {Adaptation strategies of flood-damaged businesses in Germany},
  series = {Frontiers in Water},
  journal   = {Frontiers in Water},
  publisher = {Frontiers Media SA},
  address   = {Lausanne, Schweiz},
  issn      = {2624-9375},
  doi       = {10.3389/frwa.2022.932061},
  pages     = {13},
  year      = {2022},
  abstract  = {Flood risk management in Germany follows an integrative approach in which both private households and businesses can make an important contribution to reducing flood damage by implementing property-level adaptation measures. While the flood adaptation behavior of private households has already been widely researched, comparatively less attention has been paid to the adaptation strategies of businesses. However, their ability to cope with flood risk plays an important role in the social and economic development of a flood-prone region. Therefore, using quantitative survey data, this study aims to identify different strategies and adaptation drivers of 557 businesses damaged by a riverine flood in 2013 and 104 businesses damaged by pluvial or flash floods between 2014 and 2017. Our results indicate that a low perceived self-efficacy may be an important factor that can reduce the motivation of businesses to adapt to flood risk. Furthermore, property-owners tended to act more proactively than tenants. In addition, high experience with previous flood events and low perceived response costs could strengthen proactive adaptation behavior. These findings should be considered in business-tailored risk communication.},
  language  = {en}
}