IDENTIFICATION CRITERIA OF AUTOMATIC STABILIZERS AND THEIR TYPOLOGICAL CLASSES
Alina Ailincă ()
Journal of Financial and Monetary Economics, 2018, vol. 6, issue 1, 39-47
Abstract:
In the literature, but especially in practice, there are many public debates about the most effective way to manage different macroeconomic shocks and to improve the economic cycle. Many rely on discretionary macroeconomic policies, but there are increasingly intense discussions about the use of automatic tools. Therefore this article attempts to clarify what automatic stabilizers are, what could be the classification criteria and the typologies of automatic stabilizers for a better design of these macroeconomic adjustment tools.
Keywords: automatic stabilisers; output smoothing; economic cycle (search for similar items in EconPapers)
JEL-codes: E32 E63 H30 (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:vls:rojfme:v:6:y:2018:i:1:p:39-47
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