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...
Main Author: | |
---|---|
Format: | Article |
Language: | English |
Published: |
Universitaria Publishing House
2013-11-01
|
Series: | Finanţe: Provocările viitorului |
Subjects: | |
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 |