When an economy is in a recession, automatic stabilizers may by design result in higherbudget deficits. This aspect of fiscal policy is a tool ofKeynesian economicsthat uses government spending and taxes to supportaggregate demandin the economy during economic downturns. By taking less money out of...
Progressive taxation directly impacts the automatic stabilizer such that the higher the progressive tax code, the greater its effect on the automatic stabilizer. An automatic stabilizer framework can include using a progressive taxation structure to take more shares of taxes from the rich while taking ...
The result of this study is the developing of the definition of automatic fiscal stabilizer. The methodology used in this study has ancharacter, based on evaluations of completeness and consistency of the concepts, notions, classifications and interpretations. 展开 ...
The main result of this study is the developing of the definition of Automatic Fiscal Stabilizer.Gondor MihaelaUniversity of Oradea, Faculty of EconomicsAnnals of the University of Oradea Economic Science
federal budget, hovering at around 20% of GDP, isn’t enough to act as much of a macro-economic stabilizer, and nobody contemplates an EU budget of even that scale in the foreseeable future. Regardless, the so-called debt crises in the euro zone were not ultimately caused by deficits ...