Government spending and employment, in the absence of the regularautomatic stabilizer, continued to play an essential counter-cyclical function 在没有正常自动的稳定机制的情况下,政府支出和就业继续发挥着关键的反周期作用。 MultiUn Goddard later wrote in his diaries that he believed his paper was the fi...
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...
High-income earners in the United States pay a relatively larger share of taxes than low-income earners. 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...
Aysun, Uluc, Automatic Stabilizer Feature of Fixed Exchange Rate Regimes in Emerging Mar- kets, Economics Working Papers, University of Connecticut, 2006.Aysun, Uluc, Automatic Stabilizer Feature of Fixed Exchange Rate Regimes in Emerging Markets, Economics Working Papers, University of Connecticut, ...
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 ...
We study the effects of progressive labor income taxation in an otherwise standard New Keynesian (NK) model. We show that progressive taxation (i) introduces a trade-off between output and inflation stabilization and affects the slope of the Phillips Curve, (ii) acts as automatic stabilizer ...
Automatic stabilizerEconomic crisisTaxes and benefitsFiscal policyE32, E63, H2, H31This paper investigates the relationship between the magnitude of automatic stabilizers in the tax and transfer systems of 19 EU countries and the US, and discretionary fiscal stimulus packages passed by these countries ...
Chen, Shu-HuaDepartment of Economics, National Taipei University, Taipei, TaiwanGuo, Jang-TingDepartment of Economics, University of California, Riverside, USASpringer ViennaJournal of EconomicsChen, S-H. and J-T. Guo. "Progressive Taxation as an Automatic Destabilizer under En-...