Automatic Fiscal Stabilizers:
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...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
2009
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| Schriftenreihe: | IMF Staff Position Notes
Staff Position Note No. 2009/23 |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Zusammenfassung: | 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 |
| Beschreibung: | 1 Online-Ressource (26 p) |
| ISBN: | 1455290564 9781455290567 |
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| illustrated | Not Illustrated |
| index_date | 2024-07-03T20:13:24Z |
| indexdate | 2024-07-10T09:35:33Z |
| institution | BVB |
| isbn | 1455290564 9781455290567 |
| language | English |
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| oclc_num | 1337127074 |
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| owner | DE-20 DE-824 DE-70 DE-155 DE-BY-UBR DE-29 DE-22 DE-BY-UBG DE-473 DE-BY-UBG DE-1102 DE-703 DE-859 DE-706 DE-384 DE-860 DE-19 DE-BY-UBM DE-739 DE-355 DE-BY-UBR DE-Aug4 DE-1049 DE-12 DE-91 DE-BY-TUM |
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| physical | 1 Online-Ressource (26 p) |
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| publishDate | 2009 |
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| publisher | International Monetary Fund |
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| series2 | IMF Staff Position Notes |
| spelling | Symansky, Steven A. Verfasser aut Automatic Fiscal Stabilizers Symansky, Steven A Washington, D.C International Monetary Fund 2009 1 Online-Ressource (26 p) txt rdacontent c rdamedia cr rdacarrier IMF Staff Position Notes Staff Position Note No. 2009/23 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 Online-Ausg Baunsgaard, Thomas Sonstige oth http://elibrary.imf.org/view/IMF004/10465-9781455290567/10465-9781455290567/10465-9781455290567.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Symansky, Steven A. Automatic Fiscal Stabilizers |
| title | Automatic Fiscal Stabilizers |
| title_auth | Automatic Fiscal Stabilizers |
| title_exact_search | Automatic Fiscal Stabilizers |
| title_exact_search_txtP | Automatic Fiscal Stabilizers |
| title_full | Automatic Fiscal Stabilizers Symansky, Steven A |
| title_fullStr | Automatic Fiscal Stabilizers Symansky, Steven A |
| title_full_unstemmed | Automatic Fiscal Stabilizers Symansky, Steven A |
| title_short | Automatic Fiscal Stabilizers |
| title_sort | automatic fiscal stabilizers |
| url | http://elibrary.imf.org/view/IMF004/10465-9781455290567/10465-9781455290567/10465-9781455290567.xml |
| work_keys_str_mv | AT symanskystevena automaticfiscalstabilizers AT baunsgaardthomas automaticfiscalstabilizers |