Automatic Fiscal Stabilizers:
Gespeichert in:
Bibliographische Detailangaben
Beteilige Person: Symansky, Steven A. (VerfasserIn)
Format: Elektronisch E-Book
Sprache:Englisch
Veröffentlicht: Washington, D.C International Monetary Fund 2009
Schriftenreihe:IMF Staff Position Notes Staff Position Note No. 2009/23
Links:http://elibrary.imf.org/view/IMF004/10465-9781455290567/10465-9781455290567/10465-9781455290567.xml
http://elibrary.imf.org/view/IMF004/10465-9781455290567/10465-9781455290567/10465-9781455290567.xml
http://elibrary.imf.org/view/IMF004/10465-9781455290567/10465-9781455290567/10465-9781455290567.xml
http://elibrary.imf.org/view/IMF004/10465-9781455290567/10465-9781455290567/10465-9781455290567.xml
http://elibrary.imf.org/view/IMF004/10465-9781455290567/10465-9781455290567/10465-9781455290567.xml
http://elibrary.imf.org/view/IMF004/10465-9781455290567/10465-9781455290567/10465-9781455290567.xml
http://elibrary.imf.org/view/IMF004/10465-9781455290567/10465-9781455290567/10465-9781455290567.xml
http://elibrary.imf.org/view/IMF004/10465-9781455290567/10465-9781455290567/10465-9781455290567.xml
http://elibrary.imf.org/view/IMF004/10465-9781455290567/10465-9781455290567/10465-9781455290567.xml
http://elibrary.imf.org/view/IMF004/10465-9781455290567/10465-9781455290567/10465-9781455290567.xml
http://elibrary.imf.org/view/IMF004/10465-9781455290567/10465-9781455290567/10465-9781455290567.xml
http://elibrary.imf.org/view/IMF004/10465-9781455290567/10465-9781455290567/10465-9781455290567.xml
http://elibrary.imf.org/view/IMF004/10465-9781455290567/10465-9781455290567/10465-9781455290567.xml
http://elibrary.imf.org/view/IMF004/10465-9781455290567/10465-9781455290567/10465-9781455290567.xml
http://elibrary.imf.org/view/IMF004/10465-9781455290567/10465-9781455290567/10465-9781455290567.xml
http://elibrary.imf.org/view/IMF004/10465-9781455290567/10465-9781455290567/10465-9781455290567.xml
http://elibrary.imf.org/view/IMF004/10465-9781455290567/10465-9781455290567/10465-9781455290567.xml
http://elibrary.imf.org/view/IMF004/10465-9781455290567/10465-9781455290567/10465-9781455290567.xml
http://elibrary.imf.org/view/IMF004/10465-9781455290567/10465-9781455290567/10465-9781455290567.xml
http://elibrary.imf.org/view/IMF004/10465-9781455290567/10465-9781455290567/10465-9781455290567.xml
http://elibrary.imf.org/view/IMF004/10465-9781455290567/10465-9781455290567/10465-9781455290567.xml
Abstract:This paper discusses how to enhance automatic stabilizers without increasing the size of government. We distinguish between permanent changes in the parameters of the tax and expenditure system (e.g., changes in tax progressivity) that will enhance the traditional automatic stabilizer, and temporary changes triggered by certain economic developments (e.g., tax measures targeted at credit and liquidity constrained households, triggered during a severe downturn). We argue that, with some exceptions, the latter are preferable as they can be implemented with lower disruptions in other fiscal policy goals (e.g., economic efficiency). Moreover, countries should also avoid introducing procyclicality as a result of fiscal rules, as these would offset the effect of existing automatic stabilizers
Umfang:1 Online-Ressource (26 p)
ISBN:1455290564
9781455290567