Automatic Fiscal Stabilizers

Policies or institutions (built into an economic system) that automatically tend to dampen economic cycle fluctuations in income, employment, etc., without direct government intervention. For example, in boom times, progressive income tax automatically reduces money supply as incomes and spendings r...

Full description

Bibliographic Details
Main Author: Narcis Eduard Mitu
Format: Article
Language:English
Published: Universitaria Publishing House 2013-11-01
Series:Finanţe: Provocările viitorului
Subjects:
tax
Online Access:http://www.financejournal.ro/fisiere/revista/111427644215_Mitu_en.pdf
id doaj-4bc9b742f2af490198e5e370b41ab446
record_format Article
spelling doaj-4bc9b742f2af490198e5e370b41ab4462020-11-24T20:48:57ZengUniversitaria Publishing HouseFinanţe: Provocările viitorului1583-37121583-37122013-11-01115118122Automatic Fiscal StabilizersNarcis Eduard Mitu0Faculty of Economy and Business Administration, University of CraiovaPolicies or institutions (built into an economic system) that automatically tend to dampen economic cycle fluctuations in income, employment, etc., without direct government intervention. For example, in boom times, progressive income tax automatically reduces money supply as incomes and spendings rise. Similarly, in recessionary times, payment of unemployment benefits injects more money in the system and stimulates demand. Also called automatic stabilizers or built-in stabilizers.http://www.financejournal.ro/fisiere/revista/111427644215_Mitu_en.pdfpublic policybudgettax
collection DOAJ
language English
format Article
sources DOAJ
author Narcis Eduard Mitu
spellingShingle Narcis Eduard Mitu
Automatic Fiscal Stabilizers
Finanţe: Provocările viitorului
public policy
budget
tax
author_facet Narcis Eduard Mitu
author_sort Narcis Eduard Mitu
title Automatic Fiscal Stabilizers
title_short Automatic Fiscal Stabilizers
title_full Automatic Fiscal Stabilizers
title_fullStr Automatic Fiscal Stabilizers
title_full_unstemmed Automatic Fiscal Stabilizers
title_sort automatic fiscal stabilizers
publisher Universitaria Publishing House
series Finanţe: Provocările viitorului
issn 1583-3712
1583-3712
publishDate 2013-11-01
description Policies or institutions (built into an economic system) that automatically tend to dampen economic cycle fluctuations in income, employment, etc., without direct government intervention. For example, in boom times, progressive income tax automatically reduces money supply as incomes and spendings rise. Similarly, in recessionary times, payment of unemployment benefits injects more money in the system and stimulates demand. Also called automatic stabilizers or built-in stabilizers.
topic public policy
budget
tax
url http://www.financejournal.ro/fisiere/revista/111427644215_Mitu_en.pdf
work_keys_str_mv AT narciseduardmitu automaticfiscalstabilizers
_version_ 1716807311250423808